Commercial Property
Constructed of traditional brick with rendering set beneath a pitched tiled roof the accommodation in brief comprises a former retail area with kitchen area and separate room with plumbing for wc. To the first floor landing there is storage/office, lounge/bedroom and room with plumbing for en-suite.
The property is situated within short level walking distance of Spondon village shopping centre and is also well placed for the A52 which provides swift access onto the City centre, the M1 motorway and the City of Nottingham. Excellent commercial investment opportunity.
With part obscure glazed door and staircase to first floor.
With window to front and access through to the kitchen.
With window to front.
With plumbing for wc.
With two windows to front, exposed beam and loft access.
With two feature light pipes and exposed beam.
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.
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