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33 Scargill Walk, Eastwood, Nottingham NG16 3AY

Auction Event
 

Guide Price £108,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 30th January 2025

9.00am
Key Features
  • Prime corner location
  • Perfect for mixed use
  • Ideal for cafe, hair salon or beauticians
  • Walking distance to excellent amenities
  • Nearby great public transport links
  • Full Planning for conversion to Two Apartments
  • Opposite DH Lawrence Birthplace Museum
  • EPC Rating: C
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Mixed Use

Property Description:

An opportunity to acquire this well appointed two-storey property sitting opposite the D.H.Lawrence Birthplace Museum.

Previously leased as a Cafe (The White Peacock). The property sits nicely on a corner plot offering great exposure to customers. There is a potential to convert back to residential, subject to the necessary consents.

Ideal investment property for cafe, hair salon or beauticians. Options to live above the property while below operates as a commercial property.

Set in the heart of Eastwood on Scargill Walk, which is ideally located in close proximity to all the amenities, as well as strong public transport links and junction 26 of the M1 Motorway.

Please note:

The vendor has advised that the property is rated at a non-domestic rate and there is a small outdoor area to the left of the property. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Double Glazing
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
  • Broadband: None
Parking Arrangements

On Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

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 1.2% of the purchase price (subject to a minimum 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.