property
For sale by auction - Friday 10 July 2015
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Two freehold double fronted retail units
Prominent busy location
Currently used as one sandwich shop and one unit currently empty
EPC Rating: G
Two freehold double fronted retail units, situated within this prominent busy location on Vernon Road with on street parking nearby, currently used as a one sandwich shop and with existing potential for further conversion, having A1 usage. and further retail unit which is currently empty. Gross internal area of approximately 549 sq ft.
The accommodation comprises:
121 Vernon Road:
Current Shop Floor Area 12ft 8 x 12ft 6
With window to front aspect.
Rear Kitchen/Preparation Area 14ft 2 x 6ft
With double glazed window to rear aspect.
Communal Area
Downstairs Toilet
Two Rear Stores
119 Vernon Road:
(Currently Empty)
Further Unit/Shop Floor Area 14ft 7 x 9ft 5
Tenure
Freehold. Vacant possession on completion.
We believe there are no rates applicable to this property.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
