property
For sale by auction - Tuesday 8 September 2015
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Superb opportunity to acquire a former infants school
Comprising two buildings large with planning consent for 20 x one/two bed apartments
Situated on approximate 1 acre site
Excellent investment opportunity
EPC Rating: D
Superb opportunity to acquire a former infants school which comprises two substantial primary school buildings on an approximate 1 acre site. Planning permission has been granted for 20 x one/two bedroomed apartments. Currently the gross internal area is approximately 14,000 square feet.
The original well proportioned site comprises two detached buildings circa 1908 which are Grade II listed. The buildings are of an attractive design with interesting architectural features and provide a fantastic investment opportunity. Internal inspection is strongly advised to fully appreciate the size and potential of the site.
Planning Details
Planning permission was granted by Bolsover District Council under application no: 12/00515/FULMAJ for Conversion of former Infants School (D1 use) to 20x 1 and 2 bed dwellings on 5th February 2013 along with Listed Building Consent under application no: 12/00516/LBC also on 5th February 2013.
Full details and plans are available on request from the auctioneers.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
