50-52 , Smedley Street East, Matlock

Price: Guide Price £325,000

Overview

  • Unique and fantastic opportunity
  • Mixed use property
  • Two storey dwelling above
  • Situated in the heart of Matlock
  • Excellent investment opportunity
  • Guide Price: £325,000

Full details

A unique and fantastic opportunity to purchase a mixed use property with a commercial unit used as a vehicle repair garage, a large workshop, office and showroom together with a two storey dwelling above comprising three bedrooms situated in the heart of Matlock. The commercial unit offers the ability to be used for a number of uses, offering an excellent investment property or for those who wish to run a business from home.

Location

The property is located within the popular former spa town of Matlock a short distance from the town centre. The town has a range of amenities within walking distance including public houses, primary and secondary schools, high street shops, super markets, cafes an restaurants and various other businesses. The larger market town of Chesterfield is 9.5 miles away and City of Derby is 19 miles away. The property is located near to the Peak District National Park which provides the opportunity to enjoy fantastic walks, scenery and numerous outdoor activities close by.

Description

The sale of the property offers an outstanding opportunity to acquire a mixed use property with a large commercial garage/unit all situated undercover and a spacious two storey modern dwelling over comprising three bedrooms, three reception rooms and a breakfast kitchen situated on a desirable street. The property is ideally located for easy access onto the A623 and the A615 providing a good road network for a trading business. The property has the potential for a number of uses subject to the necessary planning consent, which currently has been used as a successful repair and MOT garage.

Description Cont'd

Upon completion of the sale, the business will stop trading, however there is the option for the purchaser to continue to operate the long established business. The vehicle ramps and air compressor are included. The remaining stock, fixtures and fittings are available by separate negotiation, please contact the office for further details. Please note that there are no guarantees or warranties that the current customers will remain.

Background

The property has been owned by the current the vendors for 22 years and has been run as a mot and repair garage by the vendors. Therefore, the property has not been offered to the market for some considerable time. An opportunity like this is rare.

Directions

From Matlock town centre at the Crown Square roundabout, head north east along Bank Road. Head up the hill, past the entrance to the County Hall and take the second turning on the right at the crossroads onto Smedley Street East. Follow the road and the property will be found shortly on the left hand side.

Ground Floor Commercial Unit

38' 2'' x 72' 0'' (11.64m x 21.95m) and 27'3" x 21'7" (8.31m x 6.57m)

A deceptively spacious building extending to approx. 4780 sq. ft currently being used as a garage and workshop with vehicular access off Smedley Street East through twin doors leading to the workshop and comprising the following:

Showroom

27' 0'' x 14' 3'' (8.22m x 4.34m)

With independent vehicular access from the road through folding display doors and a pedestrian door into the workshop, a diverse space which could be used for displaying goods, an office, further work space or could be rented out separately.

Garage Office

9' 3'' x 14' 4'' (2.83m x 4.36m)

Fully enclosed from the main workshop, with a counter and waiting area.

General/Tyre Store

13' 7'' x 18' 5'' (4.14m x 5.61m)

Next to the office is an area currently used as a tyre store, but can use used for general storage.

WC Facility & Kitchen Area

With a kitchen area with sink and washing facility and a separate WC and cloaks store.

Self Contained Residential Unit

With an entrance door to the front of the property, which opens to a staircase leading to:

Entrance Hallway

6' 4'' x 16' 1'' (1.92m x 4.89m)

With stairs rising from the ground floor entrance door, a spacious hallway with a velux window to side, a radiator and stairs rising to the second floor.

Sitting Room

13' 7'' x 13' 5'' (4.13m x 4.08m)

A large bay window to the front, with a feature fireplace with a painted timber surround and raised quartz hearth housing a living flame gas fire and a radiator.

Dining Room

13' 8'' x 10' 3'' (4.17m x 3.13m)

With a window to the side, a spacious room with double doors from the hallway and a radiator.

Breakfast Kitchen

14' 5'' x 16' 1'' (4.39m x 4.89m)

A spacious room with a comprehensive range of matching wall drawer and base units with quartz worksurface over and a central island with a breakfast bar with wine rack and a two drawer pull out fridge. Other appliances include a double electric oven and grill with a four ring gas hob and extractor over, dishwasher and one and half bowl sink and drainer. There are two radiators, two large velux windows, two further windows to the rear and wooden flooring. There is a door to the Hallway, study and conservatory.

Office

4' 4'' x 8' 8'' (1.32m x 2.63m)

Accessed off the kitchen, with a window to the rear, providing a useful area to work from home, cloaks hanging space and a door leading into:

Cloakroom/WC

With a close coupled low flush WC, corner wash hand basin and an extractor fan.

Conservatory

7' 5'' x 15' 5'' (2.25m x 4.70m)

Leading from the Breakfast Kitchen, a uPVC conservatory overlooking the rear terraced with double doors out, radiator.

Utility Room

Accessed through the Conservatory, with plumbing for a washing machine, space for a fridge freezer, further storage area and also houses the gas fired combi central heating boiler.

Master Bedroom

13' 7'' x 12' 0'' (4.13m x 3.67m)

Accessed from the Entrance Hallway, a spacious master bedroom, with a large bay window to the front incorporating a window seat and storage beneath, two radiators, built-in large wardrobe and a door into the En-Suite.

En-suite Shower Room

6' 8'' x 6' 7'' (2.02m x 2.01m)

With a window to the front, comprising a walk-in quadrant shower cubicle with an electric shower, a wash hand basin and vanity unit, low level close coupled WC, part tiled walls, extractor fan and a feature stained decorative glass window to the entrance hallway.

Second Floor Landing

With stairs rising to the second floor landing from the entrance hallway, with a velux window, radiator and an area suitable for storage.

Bedroom Two

14' 7'' x 12' 4'' (4.45m x 3.75m)

A double bedroom with a large velux window and a window to the rear with views over the town and hillside beyond together with a radiator.

Bedroom Three

6' 5'' x 12' 6'' (1.95m x 3.80m)

With a velux window to the front, a radiator and a door into a walk-in storage cupboard.

Storage Cupboard

6' 4'' x 5' 11'' (1.92m x 1.80m)

Accessed from Bedroom three, a walk-in storage cupboard with shelving.

Bathroom

6' 4'' x 8' 0'' (1.92m x 2.45m)

A three piece bathroom suite comprising a large corner bath, with shower attachments over, pedestal wash hand basin, low flush WC, towel radiator and velux window.

Outside

A delightful rear enclosed decked terrace garden, excellent for outside dining enjoying a sunny position, together with a timber garden shed, accessed through the Conservatory.

Tenure & Possession

The property is offered Freehold with vacant possession upon completion.

Services

Mains water, three phase electricity, gas and waste are connected to the property .

Local Authority

Derbyshire Dales District Council, Town Hall, Matlock, Derbyshire, DE4 3NN.

Council Tax

The dwelling is registered in council tax band B.

Business Rates

The Business rates on the garage unit are recorded as £13,500 per annum.

Fixtures & Fittings

Only those fixtures and fittings referred to in the sale particulars are included in the purchase price. We understand that the vehicle ramps and air compressor are included. All other equipment and stock are available by separate negotiation. For a full list of fixtures and fitting in the garage, please contact the office.

Viewings

Strictly by appointment through the Bakewell Office

EPC Rating for the Dwelling

E

Solicitors

Chris Gale

Lovedays Solicitors

Crown Chambers

6 Bank Road

Matlock

Derbyshire

DE4 3AQ

Method of Sale

This property is to be sold by Private Treaty

Deposits & Completion

The successful purchaser will be required to pay a deposit of 10% of the sale price upon the fall of the hammer. Please note that proof of identification must also be provided to comply with the Money Laundering Regulations 2017. The signing of the Contract of Sale and 10% deposit is legally binding on both parties and completion will occur within 28 days thereafter, unless stated otherwise at the auction. The sale of each lot is subject to a buyer's fee of £200 + VAT (£240 inc. VAT) payable on the fall of the hammer. Please contact the auctioneers for further details.

Conditions of Sale

The Conditions of Sale will be deposited at the office of the Auctioneers seven days prior to the sale and will not be read at the sale. The Auctioneers and Solicitors will be in the sale room fifteen minutes prior to the commencement of the auction to deal with any matter arising from either the conditions of Sale, the Sales Particulars or relating to the auction generally. At the appointed time the sale will commence and thereafter no further queries will be dealt with and the purchaser will be deemed to have full knowledge of the Conditions of Sale and to have satisfied himself fully upon all matters contained or referred to therein, whether or not the purchaser has read them.

Conditions of Sale Cont'd

The Guide Price is issued as an indication of the auctioneer’s opinion of the likely selling price of the property. Each property offered is subject to a Reserve Price which is agreed between the seller and the auctioneer just prior to the auction and which would ordinarily be within 10% (+/-) of the Guide Price. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Money Laundering Regulations

Due to recent changes in legislation, all buyers must provide relevant documentation in order to provide proof of their identity and place of residence. The documentation collected will not be disclosed to any other party.

Agents Notes

Bagshaws LLP have made every reasonable effort to ensure these details offer an accurate and fair description of the property but give notice that all measurements, distances and areas referred to are approximate and based on information available at the time of printing. These details are for guidance only and do not constitute part of the contract for sale. Bagshaws LLP and their employees are not authorised to give any warranties or representations in relation to the sale.

Floor plans

50-52 , Smedley Street East, Matlock

EPC rating

EPCs are used to define the energy efficiency of buildings. The rating is on a scale from A (Most efficient) to G (Least efficient).

They can be very important to any prospective buyer in helping them gauge how much it will cost to heat and light a building.

Download EPC rating

Download EPC rating

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For sale by auction

20th May 2019
Bakewell Property and Land Auction

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