- Best bids 12 noon 15th December
- Comprising shop and a separate two bed apartment
- Fully refurbished shop, ready for occupation
- Separate apartment let on AST producing £6,180 p.a
- Prominent position with free street parking
- Could be subject to CPO re HS2 Phase II, planned for completion 2032-33, if passed by Parliament
Prominently located, mixed use investment comprising superbly presented shop and separate, well presented two bed living accommodation.
This semi-detached property comprises a vacant, ground floor shop providing front sales with rear office (fitted with a sink) and lower ground floor storage. Following an electrical fire in 2019 the shop has been fully refurbished through insurance. There is a single WC, this is located in the rear courtyard where access to the separate upper floor living is provided. The living accommodation is self-contained and provides a kitchen on the ground floor, sitting room, bathroom and bedroom on the first floor with a master bedroom on the second floor. Again the living accommodation is well presented. The property is fully UPVC double glazed and the apartment benefits from Central Heating.
Externally the property enjoys a high street location with street parking immediately outside.
Sandiacre is a popular town in the Erewash district of Derbyshire, approximately 5.5 miles to the east of Nottingham and 9.5 miles west of Derby.
The property occupies a prominent position at the bridge on Station Road (the B5010). It is at the end terrace of a parade of shops comprising a range of local retailers, restaurants and hot food takeaways. Nearby occupiers include Lidl, Burger king and the highly regarded La Rock Restaurant. Station road connects with J25 of the M1 Motorway just 1.5 miles to the west and Stapleford immediately to the east.
South of the premises (after the A52) lies the proposed location for the HS2 East Midlands Hub (Toton). HS2.org.uk states The East Midlands hub station at Toton will be one the best served stations on the high speed network. Should Phase II proceed the property could be subject to a CPO.
We believe the property has been used under Classes E (Commercial, Business and Service) and C3 (Residential) of the Town and Country Planning (Use Classes) Order 1987 (as amended). All parties should confirm the planning position with the relevant Local Authority.
We are advised all mains services are connected to the property. The shops has a separately metered mains electric supply. The apartment has separately metered mains gas and electric supplies. The tenants are directly responsible for the costs of utilities.
All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.
The shop has an energy rating of D(92)
The flat has an energy rating of D(57).
Please check our website for a virtual tour. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents.
OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.
The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice.
|Two bed living accommodation
The property is currently listed as a shop and premises on VOA.gov.uk.
Please check the valuation office website for any rates incentives. Subject to status you may qualify for 100% rates relief.
- Rateable Value
The premises is being sold freehold and subject to the existing tenancies as follows: Shop: with vacant possession. First floor flat: Let by way of an AST for 1 year at £515 pcm.
Unconditional offers are invited for the freehold. The site is to be sold by informal tender with purchasers invited to submit offers in writing by 12 noon 15 December 2021 using the Offer Proforma provided in the OMEETO data room. Bids should exceed £150,000
Anti-Money Laundering (AML)
Any offer accepted is subject to completing AML checks.
27 Nov 2021