property
DRAFT DETAILS
For Sale By Auction - Tuesday 20th March 2012
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30am
Residential Investment Property
Regulated Tenancy
Two Bedroomed Cottage Current Income £72.00 per week
RESIDENTIAL INVESTMENT
REGULATED TENANCY
A two bedroomed cottage of traditional construction, offered subject to a Regulated Tenancy under Rent Registration.
Accommodation:
The Auctioneers have not inspected the property, but believe it to comprise:
Ground Floor:
One Room and one Kitchen
First Floor:
Two Rooms, one Bathroom.
Outside
Stores and Garden.
TENANCY DETAILS:
The property is let on a Regulated Tenancy on a registered rent of £72.00 per week effective of 13 December 2011.
Viewing Arrangements:
External Viewing only.
Vendors Solicitors/Licensed Conveyancers
Tenure
Freehold, subject to tenancies.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits.
The sale of each lot is subject to a buyers contract handling fee of £495 (inc VAT) payable on the fall of the hammer.
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