28 Market Street, Whaley Bridge, High Peak, Derbyshire SK23 7LP
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
High street retail property for sale
Key features
- Ground Floor & Basement Level Retail Unit
- Potential Rental Income of £15,000pa
- Great Location for Foot Traffic
- Potential to split into 2 units (SPP)
Description
Online Auction - 15th to 16th October 2024
Ground Floor & Basement Retail Unit – Potential Income of £15,000pa
Formerly Martins Newsagents, this double fronted ground floor & basement retail unit is located in a prime location within Whaley Bridge. There could also be the option to split the unit into two due to separate accesses (subject to relevant planning permissions) as the electric meters have already been split.
Ground Floor: Sales area (491 sq ft) and a former kitchen (63 sq ft).
Lower Ground Floor: Storage area/Work space and a WC.
Situated in Market Street, the property benefits from its proximity to a pedestrian crossing, ensuring steady footfall and visibility for potential customers.
The potential income could bring in approx. £15,000pa. If rented our separately, the ground floor could achieve approx. £10,000pa and the lower ground floor could achieve approx. £7,000pa.
Rateable Value: £7,200pa as of 1 April 2023 – Present.
Tenure: Leasehold
Length of Lease: From 22 March 2005 to 10 December 2747
Service Charge: Please refer to legal pack
Ground Rent: Please refer to legal pack
Title number: DY388668
Council Tax Band: Business Rates
Local Authority: High Peak
Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Leasehold
Lease Details: DY388668
EPC Rating: B
Administration Fee: 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
28 Market Street, Whaley Bridge, High Peak, Derbyshire SK23 7LP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Whaley Bridge Station0.1 miles
- Furness Vale Station1.3 miles
- Chinley Station1.8 miles
Notes
Disclaimer - Property reference 202407111210sq_m1af. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House North West, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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 Auction House North West, Commercial on 0161 524 6307.
*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.”
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