property
DRAFT DEATAILS
For sale by auction - Thursday 4 September 2014
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
22 bedroomed residential care home
9 reception rooms
Over 7000 sq ft in total
Redevelopment potential in the form of apartments or student accommodation subject to planning permission
Car park
Pleasant outlook over Corporation Oak and the Reservoir
EPC Rating: C
An excellent opportunity to acquire a substantial property previously run as a 22 bedroomed Residential Care Home. The property also offers re-development potential in the form of apartments or student accommodation and is situated close to existing student halls.
The property has a pleasant outlook with superb views over the Reservoir.
The building has been used as a care home business for in excess of 25 years and is now up for sale as the current owners have retired. Subject to the necessary registration the property offers a ready made care home business and the furniture and kitchen equipment can be included in the sale.
Tenure
Freehold. Vacant possession on completion.
Joint Agents
Rex Gooding Estate Agents -
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on the fall of the hammer.
