Detached House
For sale by auction - Friday 8 May 2015
At East Midlands Conference Centre, University Park, Nottingham, NG7 2RJ
Commencing at 11.30am
SUPERB INVESTMENT PROPERTY Two self-contained commercial units
Scope for conversion to residential (subject to planning consent) Recently refitted and ready for immediate occupation
Town centre location off Bath Street
EPC Rating : F
Situated in an area of mixed residential and commercial properties immediately adjacent to the lower end of Bath Street in Ilkeston town centre. The property offers generous accommodation on two floors and has in the past traded as two separate businesses with doors to each floor off a shared entrance. Each property has its own water supply, electric meter and rateable value therefore offering the opportunity to instantly let the units separately. The property is presented in excellent condition and is ready for immediate occupation.
Hair Salon 30ft 2 x 9ft 6
Fully fitted out at present, attractively decorated with laminate wood flooring.
Understair Store 4ft 3 x 2ft 11
Kitchen 7ft 7 x 6ft 3
Fitted with a range of wall and base units comprising cupboards, drawers and work surfaces with stainless steel sink unit.
Wc
With low flush wc and wash hand basin.
Stairs and Landing leading to
Open Plan Salon/Office 29ft 2 x 12ft 10
With fitted air conditioning unit and laminate flooring.
Wc
With low flush wc and wash hand basin.
Kitchen 9ft6 x 4ft 11
Fitted with a range of wall and base units comprising cupboards, drawers and work surfaces with inset sink unit.
Outside
The property includes a small yard area to the rear to which there is vehicular access although there is no off road parking.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 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