property
For sale by auction - Tuesday 8 September 2015
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Large former public house in popular village location
Six bedroomed living accommodation above
Carpark for 13 vehicles, beer garden, vacant possession
Potential for variety of commercial/residential uses
EPC Rating: E
Situated in the popular village of Riddings, is this good sized former public house offered for sale with vacant possession and situated on a corner site with good sized carpark facility for 13 vehicles and beer garden. Potential for redevelopment subject to the relevant planning permission. Excellent investment opportunity.
The property also has 6 bedroomed living accommodation above and on the ground floor comprises central server, bar, lounge, pool room, kitchen, wash room, store room, toilets.
Directions
Exit the M1 at junction 28 and take the A38 south towards Derby. Exit the A38 following the signs for Somercotes and take the B600 through Somercotes and Leabrooks and eventually into Riddings. On entering the village along Greenhill Lane eventually turn left onto High Street where the property will be found on the left hand side shortly before leaving the village on the edge of open countryside.
Tenure
Freehold. Vacant possession on completion.
Note
To comply with the Estate Agents Act 1979, interested buyers/purchasers are informed that the vendor is an associated company of Graham Penny Auctions Ltd.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
