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87 Rosemary Street, Mansfield, Nottinghamshire NG18 1QX

Lot no: 14 Sold After Auction
 

Guide Price £32,000+ 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 3rd May 2018

11.30am
Key Features
  • Workshop/Store/Office
  • Potential to convert into residential unit (stpc)
  • Close to local amenities
  • 0.5 miles from Mansfield town centre
  • EPC Rating: N/A
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Sold After Auction

Commercial Property

Property Description:

DRAFT DETAILS
A two storey workshop/store in immaculate condition of brick construction under a flat roof. The property benefits from a prominent frontage to the main road and lies under half a mile from the main shops and amenities in Mansfield town centre.

The property is clean and has been recently painted throughout. The first floor mezzanine has been floorboarded to a high standard and could be used as office space. The property was previously used for storage. The building is secure and may suit a builder or local trader and may convert to residential subject to obtaining the necessary planning consents. The unit would also make an excellent garage for car enthusiasts.

There are mains drains to the property and electricity with multiple sockets throughout. All windows to the property are double glazed. There are electric roller shutter doors securing the front of the building.

The accommodation comprises:

Ground Floor:

32.3 sq metres (348 sq ft)
With protective roller shutter doors to the front.

First Floor

33.8 sq metres (363 sq ft)

Tenure:

Freehold. Vacant possession upon completion.


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.