Guide price

£137,500

Studio for sale
King Street, Alfreton DE55

    Just added
    Auction
    Freehold
    Added on 12/09/2026

    About this property

      Detailed Description

      ***potential high yielding freehold investment | commercial shop and two flats***

      Situated within a busy trading position in the heart of Alfreton, is a superb mixed use investment property with accommodation arranged over three floors. The property is offered for sale with immediate vacant possession and in brief comprises: A characterful ground floor lock up sales shop and a spacious two bedroomed flat arranged over three floors and a one bedroomed two storey flat, both having a well-appointed accommodation.

      Situated on the A61 in the heart of the market town of Alfreton close to all local amenities. There is easy access to the Alfreton Train Station, the A38 & M1 junction 28 is close by.

      Sales Shop: 3.81m x 3.57m (12'6" x 11'8"), A ground floor sales shop totalling 188 square feet (17.46 square metres) comprising a prominent main road position on the busy A61. Thirty minute limited free parking opposite with ample car parking within the town.

      Storeroom: 2.86m x 1.35m (9'4" x 4'5")

      WC Off: Containing a low flush WC and wash hand basin.

      Flat 1:

      Entrance Hall: 4.13m x 2.58m (13'6" x 8'5"), UPVc entrance door, double panelled radiator, UPVc double glazed window and smoke detector.

      Lounge: 4.56m x 3.34m (14'11" x 10'11"), Double panelled radiator, UPVc double glazed window and cupboard housing utility meters.

      Kitchen: 3.36m x 2.76m (11' x 9'), Tiled flooring, stainless steel sink and drainer, a range of wall and base units chrome handles, UPVc double glazed window, wall mounted Baxi boiler, appliance space, fluorescent lighting, wireless thermostat, inset hob and oven with stainless steel extractor hood over.

      Stairs Leading To The First Floor:

      Bedroom 1: 4.61m x 3.37m (15'1" x 11'), UPVc double glazed window, ceiling light point and single panelled radiator.

      Shower Room: 3.32m x 1.55m (10'10" x 5'1"), Pedestal wash hand basin, low WC, glazed shower cubicle with sliding door and mixer bar shower, extractor fan, single panelled radiator, UPVc double glazed window and shaving point.

      Flat 2:

      Entrance Hall: 1.87m x 1.43m (6'1" x 4'8"), Wood panelling to walls, picture rail, radiator and door to:

      Cellar: 2.07m x 1.82m (6'9" x 5'11")

      Dog Leg Stairs: Rise to first floor landing with wood panelling to walls and opaque UPVc double glazed window.

      Dining Kitchen: 5.93m x 2.82m (19'5" x 9'3"), Containing a range of white fronted wall and base units with silver handles, splashback tiling to the black granite effect work tops, stainless steel bowl and a quarter sink unit with drainer and mixer tap, appliance spaces, stainless steel gas hob, stainless steel front electric oven and stainless steel extractor, breakfast bar, dual aspect UPVc double glazed windows, gas central heating boiler, cupboard housing the consumer unit and radiator.

      Lounge: 3.99m x 3.66m (13'1" x 12'), With UPVc double glazed window, radiator, original beam to ceiling, stone fireplace with shelving and telephone and TV aerial points.

      On The Second Floor: Dog leg stairs rise to the second floor landing with opaque UPVc double glazed window and smoke alarm.

      Front Bedroom 1: 3.84m x 3.67m (12'7" x 12'), UPVc double glazed window and single panelled radiator.

      Front Bedroom 2: UPVc double glazed window overlooking King Street and single panelled radiator.

      Bathroom: 2.26m x 1.99m (7'4" x 6'6"), Containing a white three piece suite comprising, panelled bath with shower over and shower screen, pedestal wash hand basin and low flush WC, single panelled radiator, shaver point, extractor fan, UPVc double glazed window and part tiled walls.

      Over Stairs Storage Cupboard: With shelving and rail.

      Externally To The Rear: Small courtyard area to the rear providing pedestrian access to the flats.

      Occupancy: Vacant possession upon completion.

      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, and are payable immediately upon exchange of contracts:

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

      • Buyer’s Fee of 4.8% inc. VAT of the purchase price (subject to a minimum of £6,000 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.

      Viewing: By appointment through Savidge & Brown on , pressing option 2 for residential sales.

      Postcode: The postcode for the satellite navigation user is DE55 7BY.

      Disclaimer: Whilst we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office. Services: The Agents have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification. Measurements: Please note all the measurement details are approximate and should not be relied upon as exact.

      Broadband:
      The following information has been taken from Ofcom:

      Standard:
      Highest available download speed - 18 Mbps
      Highest available upload speed - 1 Mbps

      Superfast:
      Highest available download speed - 80 Mbps
      Highest available upload speed - 20 Mbps

      Mobile Phone Coverage:
      The following information has been taken from Ofcom:

      EE
      - Good outdoor

      O2 - Good outdoor

      3 - Good outdoor

      Vodafone - Good outdoor

      Flood Risk:
      The following information has been taken from gov.UK:

      Yearly chance of flooding - Very low
      Yearly chance of flooding between 2040 and 2060 - Very low

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      Monthly repayment

      £687 per month

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