96 Main Street, Newton, Alfreton DE55 5TE

An excellent freehold opportunity to acquire a double fronted mixed use property with ground floor retail unit and two/three bedroomed flat above, occupying a prominent position along the main arterial road through the popular village of Newton.

The property was successfully run as a carpet and flooring business for approximately 40 years and has now recently become vacant due to retirement.

Internally the two storey accommodation has an approximate floor area of 1,962 sq.ft (1.821 m2) and in our opinion lends itself to residential conversion subject to planning or alternative uses if desired.

In brief the accommodation consist of two sales areas with kitchen and WC along with a workshop/store. To the first floor, there is a well appointed fitted kitchen with built-in-appliances, living room, landing providing access onto two/three bedrooms and bathroom fitted in three piece suite in white with shower. To the rear there is an enclosed low maintenance yard with outbuilding.

The popular village of Newton has a useful range of amenities and is situated within a short commute of the market town of Alfreton and the A38 which provides swift access onto the M1 Motorway.

Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.