Comprises two vacant shops and two separately-accessed flats let on AST's
Immediate asset management opportunities - by letting vacant shops
Nearby occupiers include Co-op Supermarket, Sainsbury's Supermarket, Boots the Chemist, Superdrug, McDonald's, Starbucks, Costa, Greggs and JD Wetherspoon
VAT free investment
Lot 35
Auction 15th May 2025
Rent £11,700 per Annum Exclusive plus 2 Vacant Shops
Status Available
Guide* £185,000
Sector High Street Retail, Residential
Auction Venue Live Streamed Auction
By Order of Administrators
Property Information
Location
Miles
11 miles north of Derby, 15 miles north-west of Nottingham, 37 miles south of Sheffield
Roads
A38, A610, M1 (Junction 28)
Rail
Alfreton Train Station
Air
East Midlands Airport
Situation
The property is prominently situated in the heart of the town centre, on the south side of the pedestrianised Oxford Street. Nearby occupiers include Co-op Supermarket, Sainsbury's Supermarket, Boots the Chemist, Superdrug, McDonald's, Starbucks, Costa, Greggs and JD Wetherspoon.
Tenure
Freehold.
Location
Miles
11 miles north of Derby, 15 miles north-west of Nottingham, 37 miles south of Sheffield
Roads
A38, A610, M1 (Junction 28)
Rail
Alfreton Train Station
Air
East Midlands Airport
Situation
The property is prominently situated in the heart of the town centre, on the south side of the pedestrianised Oxford Street. Nearby occupiers include Co-op Supermarket, Sainsbury's Supermarket, Boots the Chemist, Superdrug, McDonald's, Starbucks, Costa, Greggs and JD Wetherspoon.
Tenure
Freehold.
Description
The property comprises two shops arranged on the ground floor, and two separately-accessed one bed flats arranged on the first floor.
VAT
VAT is not applicable to this lot.
Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties, representations or guarantees are given or will be given by the Administrators or the Auctioneers in respect of the information in these particulars or any matter relating to the property, including VAT. Any information provided is provided without liability on the part of the Administrators and Auctioneers for any reliance placed on it. The Administrators are acting without personal liability and are not bound to accept the highest or any offer.
EPC
All Band C
Description
The property comprises two shops arranged on the ground floor, and two separately-accessed one bed flats arranged on the first floor.
VAT
VAT is not applicable to this lot.
Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties, representations or guarantees are given or will be given by the Administrators or the Auctioneers in respect of the information in these particulars or any matter relating to the property, including VAT. Any information provided is provided without liability on the part of the Administrators and Auctioneers for any reliance placed on it. The Administrators are acting without personal liability and are not bound to accept the highest or any offer.
EPC
All Band C
Tenancy & Accommodation
Address
Floor
Use
Floor Areas Approx sq m
Floor Areas (Approx sq ft)
Tenant
Term
Rent p.a.x.
Rent Review
7 Oxford Street
Ground
Retail/Ancillary
46.55
(501)
VACANT
-
-
-
9 Oxford Street
Ground
Retail/Ancillary
53.37
(574)
VACANT
-
-
-
7a Oxford Street
First
Residential - 1 bed, kitchen/living room, w/c
48.26
(518)
AN INDIVIDUAL
AST 1 year from 19/12/2022 (Holding Over) at £500 pcm
£6,000
-
9a Oxford Street
First
Residential - 1 bed, kitchen/living room, w/c
44.96
(485)
TWO INDIVIDUALS
AST 1 year from 08/01/2021 (Holding Over) at £475 pcm
£5,700
-
Total
193.14
(2,078)
£11,700
(1) The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
