property
For sale by auction - Friday 17th October 2014
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Prominent sales shop with first floor offices, currently let, achieving £7440 per annum
Situated in the heart of Kirkby in Ashfield Town Centre
Ideal investment opportunity
EPC Rating: TBC
Prominent sales shop with first floor offices, situated in the heart of Kirkby Town Centre, currently let and achieving £7440 per annum, on a lease which is due to expire on 31/03/2016.
The first floor offices have potential for conversion to self-contained flat, subject to appropriate planning approval and consent. Ideal investment opportunity.
The accommodation comprises:
On the Ground Floor:
Shop Floor Area 27ft 9 x 11ft 6
Further Shop Floor Area to the rear 12ft 1 x 6ft 4
Leading to a covered yard area with access to the rear of the property.
Kitchen Area 8ft 3 x 6ft 1
With single drainer sink unit having cupboards and drawers under, radiator, upvc double glazed window to side.
Rear Lobby
Also leading to the covered yard area.
Downstairs Separate WC
Having low flush wc, pedestal wash hand basin, radiator, obscure upvc double glazed window.
On the First Floor:
Passaged Landing
With radiator.
Front Room One 14ft 6 x 12ft 1
Having radiator, upvc double glazed window to front aspect.
Rear Room Two 11ft 9 x 9ft 9
With radiator, upvc double glazed window to rear aspect.
Room Three 14ft 6 x 6ft 5
With two upvc double glazed window to side.
Outside
Covered rear yard
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.
Viewings
By appointment with the auctioneers - 0115 958 8702.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary.
