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NEXT AUCTION - THURSDAY 24TH FEBRUARY 2.30PM - Click here to view

Lot - 21 Appleton Gate, Newark, NG24 1JR Auction Lot £150,000+ - Auction Estates

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The Nottingham Racecourse


24 February 2022

21 Appleton Gate, Newark, NG24 1JR

Guide Price: £150,000+


Key Features

  • Freehold mixed use property benefitting from full strip out ready for conversion
  • Ground floor shop and upper floor residential accommodation
  • Situated in the heart of Newark
Draft Details Only

Freehold town centre mixed use redevelopment opportunity fully stripped out ready for conversion comprising a shop at ground floor and two floors of accommodation above with full planning for conversion to 3 self contained flats

• Town centre location off Market Place, close to car parks
• Opposite new National Civil War Centre & Palace Theatre
• Grade II listed & Conservation Area
• Ground floor shop 750 sq ft
• Sales area, prep room, kitchen & store
• External rear yard & bin store
• Two former flats above, stripped out ready for conversion
• Full planning for conversion of uppers to 3 flats
• Newark and Sherwood District Council Ref: 20/00903/FUL
• First floor, four rooms (860 sq ft)
• Second floor, two rooms (663 sq ft)
• Total Floor Area approx 2,273 sq ft
• Ideal investment property

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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