10-12 Lister Gate, Nottingham, NG1 7DD
£550,000+
Commercial
10
10
Key Features
- Freehold four-storey commercial property has planning permission for the conversion of the former EE Phone Shop into two self contained retail units & 10 students flats above
- Situated on the prime retail street of Lister Gate in the heart of Nottingham city centre
- Potential ERV upon completion of conversion of circa £160,000 pa
Part of the
17 April 2025
auction
Trent Bridge Cricket Ground
at
2.30PM
Situated on the prime retail street of Lister Gate in the heart of Nottingham city centre, this freehold four-storey commercial property has planning permission for the conversion of the former EE Phone Shop into two self contained retail units & 10 students flats above (Combined ERV of £160,000 pa)
- Prime location in the heart of Nottingham City Centre
- Adjacent to Greggs, Newlook and Flannels on Lister Gate
- Opposite one of the main entrances to Marks & Spencers
- A short walk to the Old Market Square & Tram Stops
- High levels of passing footfall
- Nottingham Trent and Nottingham University catchment
- At the entrance to the billion-pound Broadmarsh development
- Close to various multi-storey car parks
- Measuring approximately 4,535 sq ft spread over five floors
- Ground Floor former EE Phone Shop - 1,241 sq ft
- First Floor - 786 sq ft
- Second Floor - 893 sq ft
- Third Floor - 646 sq ft
- Basement - 969 sq ft
- Full planning: conversion 2 x retail units & 10 student flats above
- Local Authority: Nottingham City Council
- Planning Reference: 24/0048/PFUL3
- Potential ERV upon completion of circa £160,000 pa
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 with vacant possession
Refer to Legal Pack
Email: rebecca.toates@brownejacobson.com
Telephone: 0115 908 4862