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49 - 49a Welbeck Street, Whitwell, Worksop, Nottingham, S80 4TF

Lot no: 14 Sold Prior to Auction
 

Guide Price £41,000 plus fees

ConditionalOn the fall of the hammer, the successful bidder will enter into a reservation agreement with the seller. This agreement confers an exclusivity period of 60-days on the successful bidder, in which to exchange contracts and complete the purchase. The non-refundable Reservation Fee will be payable to us immediately on the fall of the hammer, the amount of which will be stated on the property description. This fee does not contribute to the purchase price. The deposit will be payable later on exchange of contracts via your solicitor. You must make every effort to exchange contracts of sale and complete the purchase within the 60-day exclusivity period, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 19th December 2019

11.30am
Key Features
  • Ideal Investment Opportunity
  • Ground Floor Reception and Dental Room
  • Work Rooms and Kitchen Area
  • First Floor One Apartment
  • EPC Rating: D
  • Lounge, Kitchen and Bathroom
  • Lawned Rear Garden
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Sold Prior to Auction

Mixed Use

Property Description:

An excellent opportunity has arisen to acquire this Commercial Shop Premises with separate First Floor Apartment above which would command a rental income in the region of £4,800 per annum. With the relevant Planning Permissions the ground floor accommodation offers an ideal development opportunity to convert this former dentist surgery into a further rental Apartment giving a total annual rent in the region of £9,600, making this a highly recommended purchase for any Investor.

GROUND FLOOR SHOP PREMISES

Consisting of a Reception Area, Store Room, Dental Room, Two Work Rooms and Kitchen Area.

FIRST FLOOR APARTMENT FLAT

Entrance is gained through the rear upvc double glazed door giving access to the Entrance Hall.

LOUNGE 16' 11" x 15' 7" (5.17m x 4.76m)

Featuring a wooden fire surround with marble back and hearth inset to which is a living flame gas fire. Also fitted is a central heating radiator, a television aerial point, a telephone point and two upvc double glazed windows viewing to the front of the property.

KITCHEN 10' 7" x 6' 11" (3.23m x 2.13m)

Having a range of units fitted above and below areas of easy clean work surfaces inset to which is a stainless steel sink unit with mixer taps. Also fitted is a central heating radiator, an electric cooker point, tiling to splash back areas and an extractor fan.

BATHROOM 8' 10" x 6' 10" (2.7m x 2.09m)

Fitted with a suite comprising of a pedestal wash hand basin, a low flush toilet and a shower cubical with thermostatic mixer valve shower. Also fitted is a central heating radiator, tiling to splash back areas, an extractor fan and a upvc double glazed window viewing to the stairwell.

BEDROOM 13' 10" x 10' 9" (4.24m x 3.30m)

Having a central heating radiator and a upvc double glazed window viewing to the rear of the property.

OUTSIDE

To the rear of the property is a lawned garden.

Tenure:

See Legal Pack.



Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.