Commercial Development
A substantial, double fronted, commercial property with planning permission in place.
Currently offering a large ground floor retail space. Numerous offices over the first and second floors along with warehouse space to the rear. The property also benefits from secure car parking to the rear.
Planning permission has been granted to convert the upper and rear parts to 4x2 bedroom flats and a 1x3 bedroom town house.
Full details can be viewed on the Nottingham City Council planning portal -
Planning References- 06/01076/PFUL3 & 23/02151/PFUL3 & 24/00745/PACPD
The ground floor retail space is currently let at £18,000 per annum.
The site also has potential to keep as retail, office and warehouse space of desired.
Well placed on the edge of the City Centre with an abundance of other commercial and residential properties close by as well as excellent transport links.
Internal viewing highly recommended.
Double fronted shops premises with toilets and kitchens.
A range of eight offices.
Two storey warehouse which has been partly converted to two flats.
Large storage space with planning for a three bedroom, three storey house.
Rear parking with secure, automated gates.
Useful storage.
Freehold. Part let/part vacant.
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding 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.
