Commercial Development in Nottinghamshire

Site at Cursham Street, Sutton In Ashfield, Nottinghamshire, NG17 5FD

Lot no: 16 Property type: Commercial Development Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £140,000+plus fees Result Sold at Auction £140,000

Extensive car sales forecourt with garage and offices, currently let at £12,600 per annum

Property Description

DRAFT DETAILS Excellent investment opportunity to acquire an extensive open air car sales forecourt with two small offices and garage/workshop, believed to be currently let at £12,600 per annum until February 2019. Commercial investment within easy access of Sutton in Ashfield town centre and local amenities. Close to transport links including the A38 and junction 28 of the M1 motorway. The accommodation comprises:

Front Office Area

11ft 3 x 10ft 7
Entered by half obscure upvc door, tiled flooring, radiator, upvc double glazed window to front and side aspect.

Store Room

9ft 7 x 3ft 5

Kitchen Area

11ft 1 x 9ft 4
With fitted range of base units, radiator, upvc double glazed window to side, wall mounted boiler, tiled flooring.

Additional Separate Kitchen Area

4ft 5 x 6ft 3
With single drainer sink unit, tiled flooring.

Downstairs Wc

With wall mounted wash hand basin, low flush wc, radiator.

Side Lobby

With store room.

Store Room

8ft 5 x 3ft 8
Leading to Garage/Workshop.


31ft 7 x 14ft 1
With radiator and up and over door to front.


Freehold. Subject to tenancy.

Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction 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 the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*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, 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. 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 the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

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 or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.