Commercial Property with Development Potential – Former Undertakers – Clay Cross
FOR SALE BY MODERN METHOD OF AUCTION – INVESTMENT & DEVELOPMENT OPPORTUNITY
An exciting and unusual opportunity has arisen to purchase this former undertakers' premises, ideally located close to Clay Cross town centre. Offering huge potential for redevelopment, subject to the necessary planning consents, this property is ripe for transformation and would suit investors, developers, or those looking to create a bespoke residential dwelling or dwellings.
This ground floor commercial unit measures approximately 45 square metres and is in need of full refurbishment throughout. The current layout provides a blank canvas for reconfiguration and repurposing, with ample scope to reimagine the space to suit a wide variety of needs. Whether you're looking to convert into a unique single residence, develop a pair of apartments, or reinstate a commercial use, the versatility here is key.
Subject to planning approval, there is the potential to add a first floor above the existing footprint, effectively doubling the usable internal area and significantly enhancing the property's value and utility. This could make way for additional living accommodation or further commercial capacity, depending on your vision and requirements.
Positioned just a short distance from the amenities and services of Clay Cross town centre, the property benefits from good transport links, local amenities and access to a growing residential community. With regeneration continuing in the area and strong local demand for housing, this site could become a highly rewarding project.
AUCTIONEER'S COMMENTS This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Martin & Co - Chesterfield. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Martin & Co - Chesterfield for full details and further information.