Mixed Use
DRAFT DETAILS. Spacious three storey mixed use property situated in this established and popular residential location, close to a variety of amenities and shops with easy access to Nottingham city centre. The property comprises a small ground floor shop with four bedroomed living accommodation above and to the rear. The property has new upvc double glazed windows where specified but requires full modernisation, upgrading and improvement. The property benefits from planning permission for conversion into three self-contained flats. Excellent investment potential.
Planning Details: Planning permission was granted by Nottingham City Council on 25 May 2017 under planning reference: 17/00495/PFUL3
The accommodation currently comprises:
15ft 8 x 9ft 6
12ft 10 x 11ft 1
10ft 3 x 5ft 5
(unfitted)
10ft 7 x 10ft 5
Having upvc double glazed window to front and side aspect.
With solid bath, wc, obscure glazed window.
12ft 10 x 9ft 9
With upvc double glazed window to front and side aspect.
13ft 8 x 9ft 6
With upvc double glazed window to front and side aspect.
13ft 2 x 12ft
WIth upvc double glazed window to side.
Rear garden/yard.
Shared rear yard.
Freehold. Vacant possession upon completion.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.
