property
DRAFT DETAILS
For sale by auction - Friday 8 May 2015
At East Midlands Conference Centre, University Park, Nottingham, NG7 2RJ
Commencing at 11.30am
Ground floor commercial premises
Prominent position in a parade of shops
Within an established residential location
Former hairdressing salon
Gas central heating and double glazing
EPC Rating: D
A ground floor retail unit, with a sales area of approximately 36.61sq.ms (394 sq ft) and a kitchen area of approximately 9.22sq.ms (99 sq ft).
The property is situated in a prominent position on a neighbourhood shopping parade, the property forms one of eight shops.
Leamington Drive forms part of a large residential development situated just outside the centre Sutton in Ashfield. The town serves a population of approximately 45,000 and provides a wide range of good facilities including modern shopping centre, Asda supermarket, outdoor market, and regular bus services to Nottingham, Mansfield and Alfreton. The town has good road access to Junction 28 of the M1 Motorway which is less than 4 miles distance.
The subject property comprises a ground floor lock-up shop which has been fitted out for some years as a hairdressing salon (all fittings have now been removed).
Accommodation
Sales Shop 8.34m x 4.39m (27ft 4 x 14ft 5)
With double glazed display window, double glazed door, two central heating radiators, laminate floor.
Kitchen 2.93m x 3.15m (9ft 7 x 10ft 4)
With stainless steel sink unit, base unit below, further double base unit with worktop, double glazed window, Worcester wall mounted gas fired boiler which heats radiators and hot water, central heating radiator, laminate floor, door to outside.
Lobby
Wc
With low level wc, pedestal wash hand basin, half tiled walls, central heating radiator.
Outside
There is a forecourt with ample parking space. Immediately to the rear of the property is a small yard.
Tenure
Leasehold. The premises are held on a 125 year lease with effect from March 2007 at a ground rent of £10 per annum.
Vacant possession on completion.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.
Viewings
By appointment with the auctioneers - 0115 958 8702.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary.
