property
For sale by auction Tuesday 22 March 2016
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Mixed use property requiring full renovation
Ground floor retail unit with two bedroomed flat above
Well situated for access to M18, M180 & M62 providing onward travel to Doncaster, Sheffield, Leeds and Hull
EPC Rating: TBC
A traditional mid terrace shop with two bedroomed living accommodation above. The property forms part of a parade of shops, some of which have been converted into flats. Situated close to a good range of facilities and amenities and offers good access to M18, M180 and M62, ideal for commuters.
The property requires a full scheme of modernisation and improvement throughout.
In brief the accommodation comprises:
Ground Floor
Sale area
Store room
Kitchen
First Floor
Two bedrooms
Living room
Bathroom/w.c.
Outside
Rear yard with two derelict stores.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
