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4 and 4A Wollaton Avenue, Gedling, Nottingham, NG4 4HX

Lot no: 40 Re-entry to a future auction
 

Guide Price £170,000+ 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.

Wednesday 25th March 2020

11.30am
Key Features
  • Mixed use commercial unit and flat above
  • Located in a prominent position
  • Internal inspection advised
  • Great investment opportunity
  • EPC Rating: Commercial - C; Flat - D
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Re-entry to a future auction

Mixed Use

Property Description:

A substantial corner property comprising a retail premises and three bedroomed flat above, situated in the popular suburb of Gedling and within easy reach of Nottingham, Mapperley, Woodthorpe, Carlton and close to a wide range of amenities. Internal inspection is strongly advised to fully appreciate the extensive accommodation which is located in a prominent position.

The accommodation comprises:

Ground Floor:
Shop Floor

29ft x 27ft

Further Storage Room

18ft x 7ft 9

Kitchen

9ft 4 x 15ft 8

Shower Room

With shower cubicle, pedestal wash hand basin

Downstairs WC

With low flush wc.

First Floor:
Three Bedroomed Flat comprising:
Passaged Landing
Lounge/Diner

26ft x 13ft
With two radiators, two upvc double glazed windows to front aspect.

Breakfast Kitchen

13ft 7 x 10ft 4
With range of wall mounted and base units, roll edge working surfaces, single drainer sink unit, integrated electric oven, six ring gas hob with extractor hood over, double glazed window to front aspect.

Three Bedrooms

Bedroom One - 12ft x 10ft - with radiator, double glazed window to rear aspect.
Bedroom Two - 16ft 1 x 9ft - with radiator, double glazed window to front aspect.
Bedroom Three - 11ft 3 x 9ft 5 - with radiator, double glazed window to rear aspect.

Further Shower Room

With shower cubicle, vanity wash hand basin, low flush wc, obscure upvc double glazed window.

Outside:
Fenced rear garden, garages and driveway to rear.
Tenure:

Freehold.


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.