Mixed Use
DRAFT DETAILS
Formerly a mixed use fishing tackle shop with accommodation above, this property has undergone a thorough scheme of refurbishment including a new roof, a complete rewire, majority new double glazing, new flooring as well as new kitchen, shower room and decoration.
The property is now ripe for an investor to take it to the next level and generate a substantial income from it. Whether you are looking to return it to a mixed use development, rent as a single dwelling or offer rooms to rent as a HMO subject to any consents, the property has an abundance of income generating options.
Set in the heart of Hucknall itself the location is second to none for amenities, road links as well as being walking distance to the Tram. So as you can see this development is a great opportunity for any investor looking to maximise a return which could potentially be in the region of £15,000 per annum. Viewing is highly recommended!
The Ground floor has the original shop front which could be a lounge 18'8 x 11'4 or a bedroom and has a front door.
There is also a side door giving access to the refitted kitchen 13'8 x 10'4
Downstairs WC
Bedroom - 14'11 x 10'4
Bedroom - 13'5 max x 12'5
Shower Room 10'10 max x 6'2
Bedroom 18'9 max x 12'2 max
Living Room 13'10 max x 11'1
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 (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
Guide Price & Reserve Price
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.
