Freehold Former Bank Opportunity with Immediate Asset Management Opportunities
Substantial former Bank Building
Prominent position in Alfreton town centre
Approx. 507.80 sq. m. (5,465 sq. ft.) over Ground, First and Second floors plus car parking
Of interest to owner occupiers
Asset management opportunities
Not elected for VAT
Lot 42
Auction 18th September 2025
Vacant Possession
Status Available
Guide* £160,000
Sector High Street Retail, Bank, Development
Auction Venue Live Streamed Auction
On Behalf of NatWest Bank
Property Information
Location
Miles
14 miles north west of Nottingham, 12 miles north of Derby
Roads
M1, A38, A61
Rail
Alfreton Railway Station
Air
East Midlands Airport
Situation
The property is prominently located on the east side of Chesterfield Road at its junction with High Street. Alfreton's prime retail streets are High Street and Institute Lane with nearby occupiers including Nationwide, Betfred and Boots.
Tenure
Freehold.
Location
Miles
14 miles north west of Nottingham, 12 miles north of Derby
Roads
M1, A38, A61
Rail
Alfreton Railway Station
Air
East Midlands Airport
Situation
The property is prominently located on the east side of Chesterfield Road at its junction with High Street. Alfreton's prime retail streets are High Street and Institute Lane with nearby occupiers including Nationwide, Betfred and Boots.
Tenure
Freehold.
Description
The property comprises a substantial former bank building arranged over ground, first and second floors together with rear parking for approximately 4 cars. The property benefits from frontages onto both High Street and Chesterfield Road.
VAT
Not elected for VAT
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial former bank building arranged over ground, first and second floors together with rear parking for approximately 4 cars. The property benefits from frontages onto both High Street and Chesterfield Road.
VAT
Not elected for VAT
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Possession
Ground First Second
Retail Ancillary Ancillary
283.30 127.30 97.20
(3,049) (1,370) (1,046)
VACANT
Total
507.80
(5,465)
N.B. The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
