Shop
Available is this substantial commercial premises, currently operating as a shop with storage for an ironmongery business.
This property has been proudly owned by the same family for several generations.
Situated in a prime location with direct access from the main shopping centre in Bulwell, the property features a spacious shop floor on the ground level, complemented by separate office space and additional storage on the upper floors.
Its location ensures excellent visibility and high footfall, making it ideal for various commercial uses.
This property requires renovation and building works, but it offers excellent development potential for those with vision, subject to planning permission and compliance with relevant building regulations.
To fully appreciate the scope of this exciting project and to explore its potential, we encourage you to arrange a viewing.
Front access door, ceiling light point, built in storage cabinets, original quarry-tile flooring, staircase leading to first floor landing, doorway leading through to rear store.
Access to front shop unit, quarry-tile flooring, window to side elevation, under stair storage cupboard, sectional office with doorway leading through to additional rear store.
Light, access through to side store, access to toilet.
Window to side elevation, high level flush WC, wall hung vanity wash hand basin.
Staircase to first floor landing, side access door.
Light, staircase to ground floor storage, access to additional upstairs rear store and front store.
Ceiling light points.
Two windows to front elevation, staircase to ground floor main shop, shelving, built-in cupboard to chimney recess.
These sales details are awaiting vendor approval.
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 under an 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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.
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