Next auction Thursday 25th April 2.30PM

124 Bridge Street, Worksop, Nottinghamshire, S80 1HT



Sold
Prior
Sold
Prior
Guide price

£45,000+


Property Type

Investment


Key Features

  • Long leasehold retail unit in the heart of Worksop town centre
  • Total Current Reserved Rent of £4,984 pa
  • High Yielding Investment property (14.2% Gross Yield at Guide Price)

Part of the 14 December 2023 auction
The Nottingham Racecourse at 2.30PM

Long Leasehold retail unit in the heart of Worksop Town Centre opposite the Town Hall & the new Savoy Cinema development. Let at a Total Current Reserved Rent of £4,984 pa

  • Leasehold retail unit in the heart of Worksop town centre
  • Opposite Worksop Town Hall & the new Savoy Cinema Development
  • Situated close to the pedestrianised High Street & Retail Centre
  • A 5 minute drive from Worksop Railway Station
  • Less than 1 mile from A57/A60
  • Let to Devotion Ink Tattoo Studio on a 2 Year Lease
  • Total Current Reserved Rent of £4,984 pa
  • Ground Floor Sales Area 438 sq ft
  • Adjacent to Foyes Solicitors & The Royal Hotel
  • Ideal investment opportunity

Contact Auction Estates on 0115 7844 600

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.

Long leasehold with a term of 999 years from 16th November 2018 at a peppercorn rent (subject to an occupational lease)

Refer to Legal Pack

Email: holliewatkins@bannerjones.co.uk
Telephone: 01623 675800

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