Next auction Thursday 17th April 2.30PM

122-124 Outram Street, Sutton-in-Ashfield, Nottinghamshire, NG17 4FT



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Guide price

£125,000+


Bedrooms

4


Key Features

  • A freehold mixed use property ideal for builders and investors
  • Full planning permission & partially converted
  • Potential ERV when fully let circa £33,000+

Part of the 12 December 2024 auction
Trent Bridge Cricket Ground at 2.30PM

A freehold mixed use investment property with planning permission for a ground floor shop, 3 X one bedroom flats & yard with two storey garage block to the rear. ERV when fully let circa £33,000+

  • Freehold mixed-use investment property
  • ERV when fully let circa £33,000+
  • Full planning permission granted, reference: V/2023/0503
  • Located in the heart of Sutton in Ashfield
  • A mixed residential and retail location
  • A short walk to Idlewells Shopping Centre, ASDA, etc
  • Close to a wide variety of local amenities
  • Within catchment area for both primary & secondary schools
  • Close to bus stops going to town centre & surrounds
  • Partially converted, to provide:
  • GF: Doubled fronted shop (425 sq ft) with kitchenette/WC
  • GF: 1 X one bedroom Flat (partly converted)
  • FF/SF: 2 X one bedroom Flats (partly converted)
  • Outside: Rear yard & 2 storey garages/storage
  • Potential to convert garages into 4th Flat (STP)
  • An ideal project for a builder/investor

Contact Auction Estates on (0115) 7844600

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: pe@edwardsclegg.com
Telephone: 0115 9224537

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