No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content

This property is no longer on the market

Retail property (out of town)

Auction
Save
Retail property (out of town)
0 bed
0 bath

Property description & features

  • Tenure: Freehold
  • Retail Investment
  • Ground Floor Sales Area 43 SQ M
  • Store Kitchen & W.C
  • Popular Location
  • Well Presented Interior
  • Viewing By Appointment
  • To Be Sold By Auction Only
  • Sold via ‘Secure Sale’
  • Immediate ‘exchange of contracts’ available

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £75,000.

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

This retail investment opportunity is located in the centre of the village of Stapenhill in a mixed retail and residential area. There is on-street car parking close by. The ground floor is let on a commercial lease to trade as a barbers. The ground floor accommodation comprises sales area, together with store, kitchen and WC. The upper floor of the accommodation is an apartment, which has been previously sold off on a long lease. Consequently, the purchaser of the building will have no benefit or income from that apartment.

EPC rating: D. Tenure: Freehold,

Rooms

Auctioneers Additional Comments Not provided
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction.

Accommodation In Detail Not provided
Upvc double glazed door opening into

Main Sales Area 3.85m x 5.08m (12'7" x 16'8")
having suspended ceiling, Upvc double glazed windows to front elevation, fitted laminate flooring and staircase rising to Sub First Floor Level.

Sub First Floor Level 3.62m x 3.3m extending to 6.2m
having fitted laminate flooring and roller shutter door to rear.

Wash Room 1.95m x 3.92m (6'5" x 12'11")
having basin sink and plumbing for washing machine.

Note Not provided
The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

Separate WC Not provided
having double glazed window to rear elevation and wc.

Legal Pack Not provided
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments Not provided
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A nonrefundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Services Not provided
All mains electricity & water are believed to be connected to the property.

Tenure Not provided
The freehold interest in the premises is available to purchase, subject to the commercial lease of the ground floor of the premises and the long lease of the upper floor. The ground floor is let to an individual tenant on a 10 year lease with effect from 13th January 2023 at £7,000 per annum exclusive of business rates. There is an upward only rent review at the end of year 5 and tenant-only break option every two years. The upper floor of the property is a residential apartment, but this has been sold off on a long lease at a peppercorn rental without review. The purchaser will have no benefit or income from this part of the property.

Property information from this agent

Places of interest

    Request viewing/info
    The roots of the Burton upon Trent branch go back to the 1970s and the branch relocated to 36 Station Street in 2004.  The branch briefly relocated following a fire in 2014, but has returned home to Station Street, which reopened following extensive refurbishment.  The superb, ultra-modern office is located right in the centre of the town with a large public carpark to the rear The long-serving team, backed up with the power of the Newton Fallowell marketing brand, has seen the Burton upon Trent branch grow considerably over the years.   It offers residential property sales, letting management, financial services and aims to satisfy all property-related services, whether themselves or by referral.   “We’ve got great local contacts and we know that service and reputation is everything.  The team is friendly, professional, proficient offering local knowledge from local people.”   Simon Shilton, Managing Director The branch’s lettings team has won the Newton Fallowell award two years’ running for its performance.  

    See more properties like this:

    *DISCLAIMER

    Property reference P1851. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Newton Fallowell - Burton on Trent.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.