property
DRAFT DETAILS For sale by auction - Thursday 11 February 2016
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Freehold building having ground floor commercial unit (previously a taxi office) with one bedroomed flat above
lat let until recently at £350 per calendar month
Requires upgrading, renovation and improvement
Prime location within easy reach of Derby and Nottingham
EPC Rating: C & G
Freehold building having ground floor commercial unit and one bedroomed flat above (flat let until recently at £350 per calendar month), situated within this prime location within easy reach of Sandiacre and close to a wide range of transport links with easy access to Derby, Long Eaton and Nottingham. The property requires upgrading, renovation and improvement. The commercial accommodation downstairs was a former taxi office. Internal inspection advised.
The accommodation comprises:
Ground Floor:
Entrance Porch
Shop Floor/Waiting Area 12ft 6 x 6ft 1
Inner Lobby
Room One 8ft 6 x 6ft 7
Room Two 8ft 1 x 7ft 11
Room Three 7ft 7 x 7ft 5
Room Four 7ft 6 x 10ft 5
With window to side.
Kitchen 7ft 6 x 6ft
With single drainer sink unit, door to side.
Outside WC
Outside
Rear yard and stairs providing access to flat. Outside brick store.
On the First Floor:
The auctioneers have not inspected the first floor, but believe it to comprise:
One Bedroomed Flat:
(Let until recently at £350 per calendar month)
Lounge
Kitchen
Bathroom
Separate Bedroom
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
