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NEXT AUCTION – THURSDAY 12TH AUGUST 2.30PM - Click here to view

Lot - 32, 32A, 32B Turney Street, Nottingham, NG2 2LG Auction Lot £225,000+ - Auction Estates

Next Auction

The Nottingham Racecourse


12 August 2021

32, 32A, 32B Turney Street, Nottingham, NG2 2LG

Guide Price: £225,000+


Sold
£290,000

Key Features

  • Freehold investment property
  • Comprising two flats, an office & secure yard
  • Located close to the Embankment & Trent Bridge
Draft Details Only

Freehold mixed residential & commercial investment property set within a good sized plot offering scope for redevelopment STP.

• Located close to the Embankment & Trent Bridge
• Situated in an up and coming area of the Meadows
• Flat 32- a spacious 1 bed flat with rear courtyard
• Double bedroom, shower room, spacious kitchen/diner
• Flat 32A- a first floor 2 bed flat
• 1 double bedroom, lounge, bathroom & kitchen/diner
• Office (32B) extends to approximately 1,000 sqft
• Providing good quality office & storage rooms plus WC
• Good sized block paved courtyard with security gates
• Scope for redevelopment subject to planning
• Local Authority: Nottingham City Council
• Close to city centre, West Bridgford & Trent Bridge
• A rare opportunity to acquire a freehold property
• Suitable for investors, builders or as a flip project

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 to AST's on Flat 32 & 32A with a combined rental income in the region of £1,000pcm (£12,000 pa).

The commercial offices & yard (3B) will be offered with full vacant possession

Refer to Legal Pack

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