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NEXT ONLINE AUCTION – THURSDAY 9TH JUNE 2.30PM - Click here to view

Lot - 41-43 Stockwell Gate, Mansfield, NG18 1LA Auction Lot £95,000+ - Auction Estates

41-43 Stockwell Gate, Mansfield, NG18 1LA

Guide Price: £95,000+


Sold
Prior

Key Features

  • Freehold town centre investment property
  • Fully let and producing £15,000 PAX
  • Close to new 100 bed hotel & restaurant development
Draft Details Only

Freehold town centre retail investment property, fully let and producing £15,000 PAX

• Town centre location, off market square
• Directly opposite B&M
• Close to 100 bed hotel & restaurant development
• Comprising a two storey retail property
• Reported to be Let to the Lighthouse Charity Shop
• GF sales area 1,542 sq ft (Source VOA)
• FF stores and staff room 1,343 sq ft (Source VOA)
• Total floor area circa 2,886 sq ft (Source VOA)
• Benefits from rear loading bay
• High yielding investment property
• Not internally inspected by Auction Estates

VAT

Interested parties should refer to the Special Conditions of Sale for confirmation of whether VAT is applicable to the sale price.

Viewings

Please contact Auction Estates on 0115 7844 600

Important Notices

Fees

A buyer's premium of £1,440 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 on a reported 10 year lease from 5th January 2015 at £15,000 PAX. Let to Valley Cids T/A Lighthouse Charity Shop.

TBC

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