Commercial Property in Alfreton
59 - 63 High Street, Alfreton DE55 7DP
- Lot No: 210
- Property Type: Commercial Property
- Contract Type: Unconditional with Variable Fee
Guide Price* £250,000 - £275,000 plus fees
Property Description
Former Barclays Bank with impressive investment potential with planning granted for 8 apartments on the 1st and 2nd floors. This iconic building in the heart of Alfretons thriving High Street occupies a most impressive corner plot and boasts 3 floors of accommodation totalling approximately 4,500 sq ft. The property on offer is 59, 61 and 63 High street and offers the potential for 2 Ground Floor Commercial Units and the opportunity to develop 8 1st and 2nd floor residential units. Once developed the potential rental income could total in the region of £80k per year. The building has been cleared and viewings are available, these come highly recommended in order to fully appreciate the potential on offer, not only does the site occupy an impressive plot but also has ample off road parking to the rear and further potential for additional apartments (STP).
Note
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Draft Sales Details
These sales details are awaiting vendor approval.
Please Note
Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is also our partner agent in the sale, and will receive part of any Reservation Fee as commission. If you have any queries regarding this, please contact us for further information.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 26th September 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454