10 Bridge Street, Worksop, Nottinghamshire, S80 1JQ
£300,000+
Investment
Key Features
- An opportunity to acquire a freehold ground floor retail investment property measuring 2,516 sq ft
- Located in the heart of Worksop town centre
- Current rent reserved of £30,000 pax
Part of the
20 June 2024
auction
Trent Bridge Cricket Ground
at
2.30PM
An opportunity to acquire a freehold retail investment property let to Greggs located in the heart of Worksop town centre. Current rent reserved of £30,000 pax
- Freehold town centre retail investment
- Worksop is a thriving market town (population: 39,000)
- Prime location on Bridge Street, in the heart of Worksop
- Close to JD Sports, Vodafone, B&M Bargains, Boots etc
- Priory Shopping Centre and car parks close by
- A 5 minute drive from Worksop Railway Station
- Less than 1 mile from A57/A60
- Let to Greggs on a 10 year lease from January 2022
- The subject of a high value fit-out by Greggs
- Total current rent reserved of £30,000 pa
- Layout: Sales area, 4 x store rooms, W/C & plant room
- Measuring 2,516 sq ft
- Ideal investment 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, Auction Estates, and Vendors Solicitors 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 auction. Prospective Purchasers are advised to check with the auctioneers, Auction Estates, before the sale that the property is neither sold or withdrawn. The Purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Whilst Auction Estates make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of the properties in our auction and cannot therefore guarantee the safety and security of viewers. Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry to such sites is entirely at the viewers' risk.
Freehold subject to the existing 10 year lease to Greggs commencing 19th January 2022 with a current rent reserved of £30,000 pax. Note all upper floors have been sold off on Long Leaseholds
Refer to Legal Pack