property
DRAFT DETAILS
For sale by auction - Tuesday 22 March 2016
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Ground floor retail unit with two bedroomed flat above
Ground floor vacant, flat let at £395 pcm.
Situated in a popular and established parade of retail units
EPC Rating: TBC
Situated within this prominent and high popular location on an established parade of shops, is this mixed used property with shop floor and two bedroomed flat above. Previously occupied by an established estate agent. We are led to believe that the flat is let on an assured shorthold tenancy agreement at £395pcm.
The accommodation briefly comprises:
Ground Floor
Retail Space 25ft 4 x 21ft 3
Kitchen Area 15ft 3 x 16ft 1
With single drain and sink unit, plumbing for dishwasher, door to side.
Outside
Having forecourt parking and rear yard. Outside w.c with low flush w.c, wall mounted wash hand basin.
Well presented spacious two bedroomed flat with gas central heating and upvc double glazing. The current tenant has been in occupation for several years.
Side access leads to upvc door.
Entrance porch
Stairs to First Floor
Passaged hallway
With radiator, storage cupboard housing combination boiler.
Lounge 13ft 11 x 11ft 8
With radiator, upvc double glazed window to the front aspect.
Kitchen 7ft 8 x 5ft 9
With a range of wall mounted and base units, rolled edge work surfaces, single drainer and sink unit with tiled splash back areas, tiled flooring, plumbing for washing machine. Space for cooker, upvc double glazed window to the rear aspect.
Bedroom One 11ft 3 x 9 ft 7
Radiator, upvc double glazed window to the rear aspect.
Bedroom Two 10ft x 10ft
With radiator, upvc double glazed window to the front aspect.
Bathroom 7ft 7 x 5ft 7
With panelled bath, pedestal hand wash basin, low flush w.c, tiled splash back areas, obscure upvc double glazed window
Tenure
Freehold. Part let; part vacant.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
