18 and 20 High Street, Swadlincote, Derbyshire DE11 8HY

A substantial mixed use property comprising of 2x retail units and 2x one bedroom flats above over two floors.

The property is situated in the heart of Swadlincote Town Centre on the main shopping parade and offers an abundance of other retail units close by which generate excellent footfall.

Well presented throughout and fully let with a combined income of £33,920 per annum.

18 High Street - Approx. 101 sqm / 1087 sqft - Let at £10,500 per annum

20 High Street - Approx. 47 sqm / 505 sqft - Let at £9,500 per annum

Flat 1, 18a High Street - Approx. 50 sqm / 538 sqft– Let on an Assured Shorthold Tenancy at £595pcm (£7,140 per annum)

Flat 2, 18a High Street - Approx. 42 sqm / 452 sqft – Let on an Assured Shorthold Tenancy at £565pcm (£6,780 per annum)

Externally the property benefits from a private car park to rear which is accessed via Ernest Hall Way.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.