Flat / Apartment
For Sale By Auction - Thursday 6th February 2014
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Mixed use investment property
Ground floor retail unit and residential accommodation above
Popular village location
Planning application submitted for change of use to residential
EPC Rating: Tbc
A detached two storey mixed use investment property comprising a ground floor retail unit with large sales area and further storage area to the rear with a two /three bedroomed self contained apartment above with its own access to the rear, situated in the village of Burbage which is approximately 1 mile from Hinckley Town Centre and is within easy reach of the motorway network.
Occupying a substantial plot offering scope for further development, subject to the necessary planning consents. Please note an application has been made to convert the property to two separate self contained three bedroomed apartments. A decision to this application is still pending. The property is being sold with vacant possession and the sale does not include the fixtures and fittings in the retail area.
The accommodation comprises:
Ground floor retail area - 990 sq ft with a further 420 sq ft of storage . There is also a w.c and utility area.
To the first floor there is a self contained apartment which currently comprises:
Two / three bedrooms
Open plan living accommodation
Fitted kitchen
Bathroom / w.c
Outside
Off road parking to the front for several vehicles and to the rear there is a substantial garden.
Tenure
Freehold. Vacant possession on completion.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
