property
For sale by auction - Tuesday 8 September 2015
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Two storey building in the heart of Beeston Town Centre
Formerly commercial and residential premises
In poor condition throughout, requiring major upgrading
Internal viewing recommended to fully appreciate size and scope
EPC Rating: TBC
Commercial and formerly residential two storey building in the heart of the thriving Beeston Town Centre. The property requires major improvement, upgrading and modernisation and is in a poor condition internally, however has great scope, formerly being two shops, now combined into one and accommodation above which we believe was formerly a flat Internal inspection is strongly advised to fully appreciate the size of the premises.
The accommodation comprises:
On the Ground Floor:
Shop Floor Area 13ft 5 x 14ft 8
Further Room 17ft 6 x 7ft 8
With access to cellar area.
On the First Floor:
Separate premises with separate access which we believe was formerly used as a flat: (potential accommodation)
Kitchen 10ft 5 x 8ft 1
Inner Hallway
Bathroom
With three piece suite.
Room One 12ft x 8ft 4
Room Two 13ft 11 x 11ft 3
Further Hallway
Room Three 12ft x 13ft 9
Room Four 15ft 2 x 8ft
Room Five 10ft 8 x 6ft 9
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
