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509 Tamworth Road, Sawley, Nottingham, NG10 1AX

Lot no: 16.0 Sold at Auction for £129,000
 

Guide Price £120,000 plus fees


Thursday 3rd December 2009

12.00am
Key Features
Prominent corner retail/residential property
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Sold at Auction for £129,000

Commercial

Property Description

Occupying a very prominent corner location a short walking distance from Long Eaton railway station, this freehold substantial two storey premises with former shop premises on the ground floor extending to 120 square metres or thereabouts with rear storage and garage, plus a first floor flat in need of some improvement, represents an excellent potentially high yielding investment property.

 

The property is handily located for a wide range of local amenities including shops, schools and leisure facilities.

 

In more detail the accommodation comprises -

Shop Premises 16.9m x 7.2m

 

Rear Store 11.3m x 4.2m

 

Garage/Workshop 7.5m x 4.5m

With access onto Hey Street.

 

First Floor -

 

Substantial accommodation with external staircase.

 

 

Directions

The approach from Derby is via the A52 heading east.  Where the A52 meets the M1 leave the dual carriageway and follow the signs taking the third exit as signposted for Long Eaton.  Continue along Bostocks Lane and at the bottom of hill turn right onto Petersham Road.  Continue straight ahead at the next roundabout into Wilsthorpe Road and proceed straight until passing Long Eaton railway station on the right hand side.  At the mini roundabout take the fourth exit under the railway bridge onto Tamworth Road and after a short distance the property will be found on the left hand side as denoted by our for sale board.

 Vendors Solicitors/Licensed Conveyancers

Thomas, 49 Derby Road, Long Eaton, Nottingham NG10 1NB 

 

Tenure

Freehold. Vacant possession on completion.

Conditions Of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.

 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash or credit card deposits.

 

The sale of each lot is subject to a contract documentation charge of £350 (inc VAT) payable on the fall of the hammer.

For Sale By Auction: Thursday 3rd December 2009

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com

Feature 1

Substantial freehold premises formerly trading as a convenience store

Feature 2

Residential accommodation to the first floor

Feature 3

Prominent location

Tenure: