Detached House
Draft Details.
Substantial investment property
Currently generating £18,064 per annum
Two self contained flats
Lock up retail unit
Substantial investment property comprising of two retail units with two self-contained flats above. Situated on Carlton Road, close to the centre of Nottingham City, currently generating £18,064 per annum.
Accommodation:
The property comprises of 188 and 190 Carlton Road. Both areas of the ground floor accommodation on each unit are currently occupied by Sneinton Elements Post Office.
The Ground floor accommodation briefly comprises:
Large retail sales area with Post Office counter and each unit has a store room, kitchen and wc.
First and Second Floor: (above 188 and 190)
Two self contained one bedroomed flats, each having its own access.
Each flat has the following accommodation:
Entrance Hall
Staircase
Landing
Lounge
Kitchen
Bathroom
Further staircase to Second Floor:
Bedroom
Current Income:
The property currently generates a total income of £18,064 per annum, £9,000 per annum is from the Post Office, with the remainder being generated by the flats above.
Tenure
Freehold. Subject to tenancy.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 £500 (plus VAT) payable on the fall of the hammer.
For Sale By Auction - Tuesday 19 March 2013
At East Midlands Conference Centre, University Park, Nottingham,NG7 2RJ - Commencing at 11.30 am
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