Commercial Development
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:
11ft 3 x 10ft 7
Entered by half obscure upvc door, tiled flooring, radiator, upvc double glazed window to front and side aspect.
9ft 7 x 3ft 5
11ft 1 x 9ft 4
With fitted range of base units, radiator, upvc double glazed window to side, wall mounted boiler, tiled flooring.
4ft 5 x 6ft 3
With single drainer sink unit, tiled flooring.
With wall mounted wash hand basin, low flush wc, radiator.
With 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.
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.
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