Commercial Property in Matlock

Fairholme, 1 Rutland Street, Matlock DE4 3GN
  • Lot No: 10
  • Property Type: Commercial Property
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £165,000+ plus fees

Result Sold at Auction £152,000

Property Description

A two-storey end of terrace former office building. The accommodation comprises spacious main office with separate kitchen and wc and rear courtyard. The first floor accommodation comprises two separate offices, landing with wc off. We feel the accommodation could be reconfigured to a residential dwelling or two apartments subject to applying and being granted planning approval. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding. The property is located along Rutland Street close to the junction with Smedley Street in Matlock. The area comprises several local retailers along with several converted buildings providing residential accommodation. Matlock has a resident population of 10,000 persons which is increasing with significant housing development. Matlock is located 9 miles southwest of Chesterfield, 19 miles north of Derby and 20 miles south of Sheffield. Matlock is located on the A6 a major arterial route through the county with an estimated catchment of around 400,000 people within 15 miles.

Please note:

That the gas supply to the property has been disconnected. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. 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 auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s 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 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.

Auction Details

Date 25th May 2023

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

Map

Fairholme, 1 Rutland Street, Matlock DE4 3GN