1-3 London Road, Buxton, Derbyshire SK17 9PA
- PROPERTY TYPE
Mixed Use
- SIZE
Ask agent
Key features
- Ground Floor Retail Unit & Three Bedroom Duplex Apartment
- Potential Rental Income of £16,200pa
- Located in Buxton
Description
Online Auction - 11th to 12th March 2025
Ground Floor Retail Unit & 3 Bedroom Duplex Flat Above – Potential Income of £16,200pa
Auction House North West have not inspected the property but we have been advised this consists of a ground floor retail unit along with a three bedroom flat above which has a potential income of £16,200pa.
1 London Road:
Consisting of a ground floor retail unit which is currently rented to a charity who have been served a 3 month notice period to vacate at the end of April 2025. Paying a low rental income of £200pcm but the unit has a potential income of £750pcm (£9,000pa).
For more information relating to the tenancy and notice, please refer to the legal pack.
Rateable Value: £5,900pa – 1 April 2023 to Present
3 London Road:
Three-bedroom duplex flat with its own private entrance consisting of a living room, dining room (potential 4th bedroom), separate kitchen, three bedrooms and a bathroom. Available with vacant possession with a potential rental income of £600pcm (£7,200pa).
To arrange a viewing, please contact our partnering agent, Nina Lubman Estate & Letting Agency in Buxton.
Tenure: Freehold
Title number: DY369726
Council Tax Band: A (flat) / Business Rates (retail unit)
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: Freehold
EPC Rating: 1 (shop) – Rating C, 3 (flat) – Rating D
Administration Fee: 2.5% inc VAT of the purchase price, subject to a minimum of £1980 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.
1-3 London Road, Buxton, Derbyshire SK17 9PA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Buxton Station0.5 miles
- Dove Holes Station3.4 miles
- Chapel-en-le-Frith Station4.1 miles
Notes
Disclaimer - Property reference 202502041416sq_zfah. 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, Fulwood. 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, Fulwood on 01772 286883.
*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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