Call the team on 01246 232 698 for more information
An excellent opportunity to purchase two commercial units.
The lease on 42 Station Road commenced on January 1st 2025 and expires on December 5th 2027. A rent review was held in June 2025 with the rent rising to £7,540 per annum. The lease on 42A Station Road commenced on April 6th 2016 and expires on April 5th 2037. A rent review is held every three years and the rent rose to £7,540 per annum on the last rent review, being December 31st 2022. The property therefore has a current overall rental income in the order of £15,080 per annum. Prospective purchasers are strongly advised to view all legal documents in the legal pack prior to the auction. An eight week completion date is available for this property.
Tenure
See Legal Pack
42 Station Road
The property comprises a ground-floor semi-detached commercial unit. The unit is currently operating as a hairdressers salon and has a modern shop front with a central entrance door leading directly into the main salon area. The internal layout is predominantly open-plan, providing a main salon and customer waiting area at the front. To the rear of the main salon, there is a smaller ancillary area currently used as a staff kitchen and storeroom. A separate WC, containing a toilet and wash basin, is located within the front left section of the main space.
42A Station Road
The property comprises a single-storey commercial unit, attached to the neighbouring property (42 Station Road) to form a semi-detached building. The unit is currently operating as a hot food takeaway. It features a glazed shop front and a single entrance door. The internal layout consists of a front customer waiting and service counter area. Behind the counter is the main open-plan cooking and food preparation zone, which is fitted with a full commercial extraction system. There are no customer toilet facilities.
Outside
The property benefits from two designated customer car parking spaces located in a shared tarmacadam area to the side and rear.
Energy Efficiency Rating (EPC)
Current Rating (42 - C) (42A - TBC)
Local Authority
Ashfield District Council
Solicitors
Shoosmiths, Unit 2 Speedwell Works, 73 Sidney Street, Sheffield, S1 4RG, Ref: Steven Richardson, Tel: 03700 863 000
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1695 plus VAT (£2034 inc VAT), payable on completion.
Administration Charge - £2340 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.