Mixed Use
A Commercial Mixed Use Investment portfolio located on the High street of Hucknall and generating a gross income of £65,196 pa. This extensive property portfolio consists of a range of four well established commercial businesses, 2 impressive apartments above as well as rear parking
This portfolio is an excellent investment and extremely well suited to a serious investor looking to add to an existing commercial portfolio. The portfolio is leasehold and generates a Net income of £36,196 pa and delivers an extremely impressive yield against the guide price in excess of 12% making this a very appealing investment portfolio indeed
The properties are located in a busy and thriving part of Nottingham (Hucknall) There are good transport links in the area and a wide and varied range of amenities locally making the location very popular. Present ownership for 28 years
Rental income of £11,250 per annum.
Rental Income of £14,500 per annum.
Rental Income of £13,000 per annum.
Rental Income of £10,000 per annum.
Rental income of £450 per annum.
Rental Income of £2,796 per annum.
Rental Income of £6,600 per annum.
Rental Income of £6,600 per annum.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. Subject to tenancy.
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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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers 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.
