1 bedroom mixed use for sale59 Market Street, Chesterfield, S45
Sold STC £50,000
- Lock up sales shop with separate living accommodation
- Ideal investment
- Potential rental income £8,400pa
FOR SALE BY AUCTION 14.12.2016. An excellent opportunity to purchase a mid terraced lock up sales shop with flat above held as an investment.
An excellent opportunity to purchase a mid terraced lock up sales shop currently arranged as a hot food takeaway with a one bedroomed flat above having separate access.
An excellent opportunity to purchase a mid terraced lock up sales shop currently arranged as a hot food takeaway with a one bedroomed flat above having separate access. The property is held as an investment with the shop being let on a 5 year tenancy agreement commencing from September 2016 with rent payments starting from November 2016 at £350pcm. The flat is let on a 12 month Assured Shorthold Tenancy Agreement from the 7th November 2016 at £300pcm. Thus the property will be producing a total rental income in the order of £7,800pa.
Enter Clay Cross via the A61 Derby Road, turn left onto Eyre Street and proceed to the end of the road. Turn right onto Bridge Street and take the next left onto Market Street and the property is situated approximately 200 metres on the right hand side and clearly identified by a for sale sign board.
Ground Floor: Lock up sales shop having front Sales Area 4.4m x 3.9m having glazed frontage onto Market Street with roller shutter door, entrance door, range of catering equipment, sales counter, suspended ceiling with fitted strip lighting. Rear Preparation Area 4.9m x 3.7m having rear facing window, range of catering equipment, suspended ceiling with fitted strip lighting, extractor hood. Rear Kitchen 3m x 2m having side facing windows and rear entrance door, together with fitted worksurfaces.
A separate staircase leads to the First Floor: Flat. Bedroom 3.4m x 2.8m having rear facing double glazed window and radiator. Lounge 4.2m x 2.6m having front facing double glazed window and radiator. Kitchen having a range of base and wall units including stainless steel sink, electric hob, complimentary splash back tiles, front facing double glazed window and radiator. Bathroom 1.9m x 1.9m having fully tiled cream suite comprising bath with overhead mixer shower, wash hand basin and WC, rear facing double glazed window.
Special Conditions of Sale
The purchaser in addition to the fall of the hammer price will be responsible for 1.5% plus vat auction costs subject to a minimum fee of £1950 plus vat whichever is the greater.
Energy Performance Certificates (EPCs)
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Copelands, Auctions House on 01246 232 698.
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