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12-14 Lister Street, Nuneaton, Warwickshire CV11 4NX

Lot no: 17 Withdrawn Post
 

Guide Price £290,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 24th November 2016

11.30am
Key Features
  • Pair of semi-detached properties
  • Large rear yard with outbuildings
  • Planning permission for 12 apartments
  • Scope for alternative development schemes
  • EPC Rating: TBC
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Withdrawn Post

Commercial Property

Property Description:

A pair of large semi detached properties along with outbuildings and large rear yard.
Planning permission granted for the erection of 12 apartments with parking - Planning Ref 033203

12 Lister Street Large office building which is currently let on a 10 year lease from 2008 at a rent of £11,000 per annum, the lease can be terminated with 3 months notice.
Ground Floor

Reception Hall
Office 1
Office 2
Office 3
Kitchen, Rear lobby with toilets.

First Floor

Office 4
Office 5
Office 6
Office 7
Office/Store
Toilet.

14 Lister Street
Ground Floor

Reception Hall
Reception Room

First Floor

Room 1
Room 2

Industrial Unit

To the rear is a brick unit measuring approx. 28m x 5.6m

Rear Yard

Large yard with vehicular access offering storage and parking.

Planning Permission

Planning has been granted for the erection of 12 new build apartments with communal areas and parking spaces. Scope for alternative housing schemes subject to planning.
Nuneaton & Bedworth Council – Planning Ref 033203.

The site also offers excellent space for commercial / business use or as a buy to let investment.

Tenure:

Freehold. Subject to tenancy.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.