property
For Sale By Auction - Thursday 12th September 2013
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Commercial property with consent for residential use
Planning permission approved for 5 self-contained apartments
2 x two bedroomed and 3 x one bedroomed apartments
Excellent opportunity
EPC Rating: tbc
A rare opportunity to acquire a commercial property with planning permission approved for conversion into 5 residential, self-contained, apartments.
The property currently comprises a commercial unit with the following accommodation:
Ground Floor:
Sales shop (175 sq m), three further rooms/ offices (28 sq m), kitchen, w.c.
First Floor:
Four rooms (142 sq m approx.)
Second Floor:
Two rooms (20 sq m approx..)
Outside:
Yard to rear
If built in accordance with the approved plans the accommodation would comprise:
Ground Floor:
Flat 1 - Lounge / kitchen, two bedrooms, bathroom.
Flat 2 - Lounge / kitchen, two bedrooms, bathroom.
First Floor:
Flat 3 - Lounge / kitchen, bedroom, bathroom.
Flat 4 - Lounge/ kitchen, bedroom, bathroom.
Second Floor:
Flat 5 - Lounge/ kitchen, bedroom, bathroom.
Outside:
Parking and communal garden area.
Tenure
Freehold. Vacant possession on completion.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
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