Detached
DRAFT DETAILS
For Sale By Auction - Thursday 12th September 2013
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Being Sold on Behalf of Joint LPA Receivers
Excellent mixed use investment opportunity
Former restaurant with living accommodation above
Busy A-road location
Numerous car parking spaces to front and side
EPC rating:
An excellent opportunity to acquire a large mixed use property which comprises; a large restaurant area with seated dining for around 70, open grill style kitchen with further preparation kitchen to the rear. Office accommodation and staff room. Male and Female toilets.
Above the restaurant there is a self-contained flat with two bedrooms and generous living accommodation. There are numerous car parking spaces to the front and side of the property.
The property is situated on a busy A -road and adjoins Morcott, which is a charming village, many parts of which form a Conservation Area. Within the village there are a number of charming stone properties together with facilities which include a church and public house. The main facilities are available in the adjoining towns of Uppingham, Oakham and Stamford.
For commuters it is within easy travelling distance of a number of centres including Corby, Kettering, Oakham, Uppingham, Stamford, Peterborough and Leicester. From Peterborough and Kettering there are good train services to London.
In Rutland there are a number of sporting facilities including cricket, golf, rugby football, tennis, bowls, football, etc. and in addition there is Rutland Water where one can enjoy a number of leisure pursuits including sailing, windsurfing and fishing.
Tenure
Freehold.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
