fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

Pappas Pizza, 32 Outram Street, Sutton-in-Ashfield, Nottinghamshire NG17 4FS

Lot no: 49 Sold Prior to Auction
 

Guide Price £45,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 30th March 2023

10.00am
Key Features
  • Mid terraced sales shop
  • Close proximity to amenities
  • Town centre location
  • EPC Ratings: C and G
Add to favourites
Sold Prior to Auction

Mixed Use

Property Description:

A mid terraced lock up sales shop with the benefit of A5 hot food takeaway use. Comprising lock up retail area and rear preparation area. To the first and second floor there is a flat in need of refurbishment comprising lounge, kitchen and one bedroom. Externally, to the rear there is a yard with a brick built outbuilding. Situated in the centre of this town with time limited car parking opposite.

Sales Shop - 24ft x 12ft

Timber shop frontage and timber glazed entrance door, ceramic tiled flooring and access to

Rear Preparation Area - 12ft x 12ft
Outside to the rear:

There is a yard area with access to the first floor flat

First Floor:

With a external open riser staircase.

Lounge - 12ft x 11ft
W/C off -
Kitchen - 11ft x TBC
Second Floor:
Bedroom - 13ft x 11ft

With double glazed Velux roof light.

Outside:

There is access to the rear yard providing access to the external open riser staircase to the first floor flat.

Brick Built Storeroom - 11ft x 8ft

Ceramic tiled flooring.

Draft Sales Details

These sales details are awaiting vendor approval.

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 Variable 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 fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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.