1-3 Raleigh Court, Ayr Street, Nottingham, NG7 4GA
POSTPONED
Commercial
Key Features
- An opportunity to acquire a freehold Industrial Estate investment
- Comprising a block of 3 units totalling approximately 3,400 sq ft on a site of 0.2 acres
- Total Current Rent Reserved of £31,100 pax
Part of the
20 February 2025
auction
Trent Bridge Cricket Ground
at
2.30PM
An opportunity to acquire a freehold Industrial Estate investment comprising a block of 3 units totalling approximately 3,225 sq ft on a site of 0.2 acres. Total Current Rent Reserved of £31,100 pax
- Located in the heart of Radford
- Situated just off Alfreton Road (A610)
- 0.5 miles from Nottingham Trent University
- A short walk to the heart of Nottingham City Centre
- Close to the Forest Tram Stop & the Park & Ride
- Located in the heart of Radford
- Situated just off Alfreton Road (A610)
- 0.5 miles from Nottingham Trent University
- A short walk to the heart of Nottingham City Centre
- Close to the Forest Tram Stop & the Park & Ride
- Unit 1 is let on a 6 month periodic tenancy at £10,100 pa
- Unit 1 measures approximately 990 sq ft
- Unit 2 is let on a 6 month periodic tenancy at £10,500 pa
- Unit 2 measures approximately 1,235 sq ft
- Unit 3 is let on a 6 month periodic tenancy at £10,500 pa
- Unit 3 measures approximately 1,000 sq ft
- Site benefits from a gated entrance
- Good sized yard to the front of the units measuring 4,394 sq ft
- An ideal asset management opportunity
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 tenancies Unit 1 is let on a 6 month periodic tenancy dated 18.06.2024 at £10,100 pa Unit 2 is let on a 6 month periodic tenancy dated 01.05.2004 at £10,500 pa Unit 3 is let on a 6 month periodic tenancy dated 01.03.2006 at £10,500 pa
Refer to Legal Pack