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

28 Main Street, Awsworth, Nottingham NG16 2QT

Lot no: 155 Postponed
 

Guide Price £230,000+ 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.

Tuesday 5th September 2023

10.00am
Key Features
  • Scope to repurpose into residential or other use (subject to obtaining planning permissions)
  • Parking
  • Good Condition
  • EPC Rating: D
  • Council Tax Band: Exempt
Add to favourites
Postponed

Commercial Property

Property Description:

A freehold and extended detached building located along Main Street, Awsworth available with vacant possession upon completion.

The property occupies a prominent position along Main Street, close to the junction with Croft Crescent within an area of mainly residential dwellings. The property is a short distance to the M1 motorway and Nottingham is approximately seven miles to the East.

The accommodation is arranged over two floors and has been until very recently used as office space. Thought suitable, with minimal work, for conversion into flats and HMO or continue commercial use perhaps as serviced offices or something along the lines of Dentistry or health care. These are all subject to obtaining appropriate planning consent. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

The vendor has advised that the property benefitis from serviced alarm and cctv system. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Ground floor:
Reception room - 4.2m x 4.2m
Office one - 3.2m x 4.2m
Office two - 3.2m x 3.2m
Office three - 10.1m x 3.5m (approximately)

With sky light and patio doors to rear

Office four - 4.29m x 4.2m
Kitchen -
W/C -
First floor:
Office one - 3.7m x 4.2m
Office two - 3.7m x 4.2m
Office three - 3.7m x 4.3m
Office four - 4.2m x 3.7m
Boarded loft -
Outside:

Rear garden and large driveway to the front. We noted the internal condition throughout to be very good with internal fire doors and signs of recent refurbishment.

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. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers 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 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.