property
DRAFT DETAILS
For Sale By Auction - Thursday 12th September 2013
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Substantial detached public house with large car park
0.2 acre site
Potential for redevelopment of the whole site
Excellent opportunity
Sensibly priced at £55,000+
EPC Rating: tbc
Occupying a popular and convenient location, the Dean Brook Inn is a substantial public house and car park on a site area of approximately 0.2 acres or thereabouts and the ground floor footprint of the pub extending to approximately 3,000 sq ft or thereabouts, and is therefore considered suitable for a wide variety of uses.
The property itself could either be converted for an alternative use, or indeed the whole site could be redeveloped for an alternative use including residential or care home or similar (subject to planning consent). The existing use class of the property is A4 drinking establishment and therefore planning consent is not required to change the current use to A1 shops, A2 financial and professional services, or A3 restaurants and cafes.
The property is situated just under three miles north east of Manchester City Centre in the established residential area of Moston where a good range of amenities are available locally including shops, schools and leisure facilities. The nearby A60 and M40 provide swift onward travel and Moston railway station is within 2 miles of the property.
Tenure
Leasehold. The pub is held on a 10,000 year lease from 1863. The car park is held on a 99 year lease from 1981.
Vacant possession on completion.
Note:
To comply with the Estate Agents Act 1979, interested buyers/purchasers are informed that the vendor is an associated company of Graham Penny Auctions Ltd.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 £500 (plus VAT) payable on the fall of the hammer.
