property
DRAFT DETAILS
For sale by auction - Tuesday 8 September 2015
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Substantial double fronted property currently used as a retail unit
Potential for redevelopment subject to necessary planning consent
Situated in the highly sought after location of West Bridgford
Parking for three/four vehicles
EPC Rating: C
Unique opportunity to acquire this substantial double fronted premises, currently used as a retail unit. The property comprises many sizable rooms which lends to potential redevelopment subject to necessary planning permission. Internal inspection is strongly advised to fully appreciate the size of the premises.
We believe that the tenants are currently paying £20,000 per annum.
The accommodation comprises:
To the Ground Floor:
Retail Unit/Shop Floor area 37ft 7 x 21ft 5
With radiator.
Retail Area Two 20ft x 13ft 5
With radiator.
Retail Area Three 17ft 3 x 11ft 4
Rear Store 14ft x 10ft 2
With combination boiler, radiator, access to cellar
To the First Floor:
Landing
Room One 20ft 2 x 12ft 2
With radiator, upvc double glazed window to front and side aspect.
Room Two 20ft 2 x 14ft
Store Room 14ft 1 x 10ft 4
Office 14ft x 7ft 9
With upvc double glazed window to front aspect.
W.C One
W.C. Two
Outside
Rear yard area. Parking to front and side for three/four cars.
Tenure
Freehold. 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
