Flat / Apartment
For Sale By Auction - Friday 28th March 2014
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Ideal investment opportunity
Ground floor vacant shop with two bedroom flat above.
Flat currently tenanted generating £3000 per annum
Situated close to Stapleford Town Centre
EPC Rating: TBC
Ideal investment opportunity. Situated close to Stapleford Town Centre and close to amenities is this freehold ground floor vacant shop with residential accommodation above.
The auctioneers have not inspected the upper floor accommodation but believe it to comprise:
First Floor:
Kitchen
Lounge 12ft 10 x 13ft 9
Bathroom/w.c. 4ft 11 x 7ft 7
Second Floor:
Bedroom 12ft 10 x 13ft 9
Box Room 12ft 10 x 7ft 7
The flat is currently tenanted at £250 per month, generating £3000 per annum.
The shop is now vacant, having been formerly let to a hairdressers which generated £2400 per annum.
Tenure
Freehold. Subject to tenancy.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 fee of £750 (inc VAT) payable on the fall of the hammer.
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