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NEXT AUCTION - THURSDAY 9TH DECEMBER 2.30PM - Click here to view

Lot - 10 Albert Street, Newark on Trent, NG24 4BJ Auction Lot £50,000+ - Auction Estates

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The Nottingham Racecourse


09 December 2021

10 Albert Street, Newark on Trent, NG24 4BJ

Guide Price: £50,000+


Key Features

  • Freehold town centre property with vacant possession
  • Would suite a wide variety of uses including residential conversion (STP)
  • Total floor area circa 1,000 sq ft
Draft Details Only

Freehold town centre two storey property, previously occupied by a charity, with potential for conversion to residential (subject to planning

• Close to Asda Supermarket, Travel Lodge & Bus station
• A few minutes walk from Newark Old Market Square
• Former charity premises (Think Children)
• Two storey building beneath a pitched pantile roof
• Fully stripped out ready for conversion (subject to consent)
• Would suit a range of commercial or residential uses (STP)
• Ground floor approx 50 sqm (500 sq ft)
• First floor approc 50 sq m (500 sq ft)
• An ideal project for owner occupiers and builders

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 with vacant possession

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