property
For sale by auction - Tuesday 3 November 2015
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Workshop premises 10 metres x 7 metres internally
Private driveway access with open hardstanding area - 19 metres x 15 metres
Possibilities for conversion to residential (subject to planning permission)
A detached workshop accessed by a hard standing loose stoned private driveway with solid wood gates having an open hardstanding area measuring 19 metres x 15 metres.
Internally the workshop has an open space of 10 metres x 7 metres and currently has a non-supporting internal wall that divides it into two areas used for storage.
The building is constructed to 2003 building regulations with insulated cavity walls, insulated roof space, insulated floor slab and could be converted to a residential dwelling subject to obtaining the necessary planning consents.
The workshop has uprated single phase power capable of handling a welder and high wattage appliances and is fitted throughout with electric plug sockets. Water is connected to the mains supply but no pipes are installed after the internal stop cock
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.