property
For sale by auction - Tuesday 3 November 2015
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Substantial property comprising two large self-contained flats and a one bedroomed coach house
Garage and workshop to rear
Situated close to Nottingham city centre
Ideal investment opportunity
EPC Rating: TBC
Unique opportunity to acquire a substantial, traditional residential property which comprises two very large vacant self-contained flats plus a one bedroomed coach house which is currently let at £300 pcm under the terms of a periodic tenancy. Ideal investment opportunity. There is also an additional garage and workshop of approximately 586 sq ft plus office area. The property is located within easy reach of Nottingham City Centre and all its amenities. Viewing strongly advised.
The accommodation briefly comprises:
Flat One:
Large Entrance hall
Living Room 18ft 2 x 14ft 1
Kitchen 13ft 6 x 12ft 1
Bedroom 16ft 12 x 14ft 9
Flat Two:
External staircase to entrance door
Entrance Hall
Living Room
Bedroom 1 15ft x 12ft 8
Bedroom 2 9ft 9 x 6ft 6
Kitchen 9ft 9 x 6ft
Bathroom
With three piece suite comprising bath with shower over, pedestal basin, low level w.c
Flat Three:
Kitchen 15ft 2 x 6ft 10
With spiral staircase
Bedroom 10ft 9 x 6ft 10
First floor:
Living Room 19ft 4 x 6ft 10
Bathroom
With three piece suite comprising bath with shower over, pedestal wash hand basin, low level w.c.
Outside
Rear courtyard which provides additional parking.
Garage 16ft x 9ft 1
Workshop 39ft 6 x 14ft 10
With w.c, wash hand basin and hot water heater
Office 15ft 3 x 9ft 1
Tenure
Freehold. Part let, part vacant.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
