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Floorplan
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    Key features

    • To be offered on Tuesday 24 September
    • Entirely let on a 25 year lease expiring 2046 (no breaks)
    • Situated in an established trading location
    • Rent Review 2026
    • Uppers maybe suitable for conversion subject to consents(1)
    • VAT is not applicable
    • Current Rent Reserved £12,000 p.a.
    • Guide Price £150,000 (reflecting 8.00% GIY)

    Description

    The property is arranged on basement, ground and two upper floors to provide a shop with ancillary accommodation

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - 38.7 sq m (417 sq ft)

    Basement - 10.9 sq m (117 sq ft)

    First Floor - 18.2 sq m (196 sq ft)

    Second Floor - 25.2 sq m (271 sq ft)

    Total - 93 sq m (1,001 sq ft)


    N.b. Not measured by Savills. Floor areas sourced from voa.gov.uk

    Tenancy

    Entirely let to D Ordek on a lease for a term of 25 years from 25 November 2021 at a current rent of £12,000 per annum

    Rent Review 5 yearly

    FR&I

    Planning

    (1)Part of the property may lend itself to residential conversion subject to the lease and all relevant consents. All enquiries in this regard should be raised with High Peak Borough Council, the local authority.

    Website: highpeak.gov.uk

    Rent

    £12,000 per annum

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees,


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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Buxton is a popular tourist destination situated in the centre of The Peak District which attracts some 13.25 million visitors a year

      The property is situated on the west side of London Road, inbetween it's junctions with Chapel Street and Bath Road, in an established trading location

      Nearby occupiers include The Post Office (adjacent), Sainsburys Local, The Vault pub and HighStakes cafe amongst many others

      Transport
      • Road - At the junction of the A6, A53 and A54 arterial roads leading to Machester, Derby, Stoke on Trent and the M6 motorway
      • Rail - Regular rail services to Manchester Piccadilly and London Euston

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums