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Oxford Street, Nottingham, NG1 5BH

Lot no: 10.0 Sold at Auction for £195,000
 

Guide Price £165,000 plus fees


Tuesday 11th December 2012

12.00am
Key Features
8 Oxford Street, Nottigham NG1 5BH
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Sold at Auction for £195,000

property

Property Description

Draft Details.

Substantial four storey period office building

Within professional district of City Centre

Vacant possession

Being sold on behalf of joint LPA receivers

Occupying a highly regarded location within the professional district of Nottingham City Centre this highly attractive 4 storey period property represents an excellent opportunity for the investor or owner occupier to acquire substantial office accommodation at a very realistic price.

The accommodation comprises Basement, Ground Floor Offices, First Floor Offices, Second Floor Offices and Third Floor Offices. The property benefits from a small parking area to the rear.

Oxford Street is situated in the heart of Nottingham about 10 minutes walk from the Market Square and within close proximity of all the excellent facilities within Nottingham City Centre. Nottingham City has a population of circa 330,000 and has a strong local economy with large employers including Capital One, Boots & Nottingham City Council. Nottingham has a vibrant student population with two large and well renowned Universities.

ACCOMMODATION:

Basement Front - 14ft 5 x 16ft 3

Basement Rear - 15ft 2 x 12ft 5

Ground Floor -

Office 1 - 14ft 7 x 15ft 3

Office 2 - 15ft 3 x 12ft 7

First Floor -

Office 1 - 20ft x 16ft 5

Office 2 - 15ft x 12ft 11

Second Floor -

Office 1 - 12ft 7 x 15ft

Office 2 - 8ft 4 x 13ft 3

Office 3 - 10ft 4 x 16ft 4

Third Floor -

Bathroom

Storage Room - 18ft 8 x 10ft 7

Outside parking to rear

Tenure

Freehold.

Viewings

By appointment 01159 588702

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 buyers contract handling fee of £495 (inc VAT) payable on the fall of the hammer.

For Sale By Auction - Tuesday 11 December 2012

At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE

Commencing at 11.30 am

Tenure: