38 Elmton Road, Creswell, Worksop, Nottinghamshire, S80 4JD
£175,000+
Commercial
Key Features
- An opportunity to acquire a spacious freehold commercial property measuring approximately 2,298 sq ft
- Located in the Derbyshire Village of Creswell
- Offered with vacant elements which offer scope for residential conversion
Part of the
25 April 2024
auction
The Nottingham Racecourse
at
2.30PM
An opportunity to acquire a spacious freehold commercial property measuring approximately 2,298 sq ft with vacant elements which offer scope for residential conversion. Kitchen showroom let and producing £10,800 pa.
- A spacious freehold commercial property
- Located in the Derbyshire Village of Creswell
- Situated in a popular and established residential area
- A short walk to Creswell Railway Station
- 10 minutes from J30 M1 (Dobbies Garden Centre)
- Close to a variety of local amenities: pubs & eateries
- GF vacant areas: Entrance hall, 2 x spacious office rooms, W/C, self contained back to brick rear extension measuring 438 sq ft
- GF occupied area: Kitchen showroom with return frontage (Let at £10,800 pa)
- FF vacant: Boardroom, 4 x office rooms, kitchen & W/C
- Property measures approximately 2,298 sq ft
- Off street car park with parking of up to 8 cars
- Benefits from a garden fronting Elmton Road
- Scope for potential conversion to residential
- Ideal opportunity for investors, developers & owner occupiers
Contact Auction Estates on 0115 7844 600
Fees
A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
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.
Freehold subject to the existing lease of the showroom (477 sq ft) producing an income of £10,800 pa. The rest of the property (1,821 sq ft) will be sold with vacant possession.
Refer to Legal Pack