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138-140 Derby Road, Nottingham, NG7 1LR



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Guide price

£290,000+


Property Type

Commercial

Bedrooms

12


Key Features

  • Located a short distance from Old Market Square.
  • Full planning for erection of a 3 Storey 12 bed HMO.
  • Nottingham City Council Planning Ref : 20/01401/PFUL3

Part of the 28 April 2022 auction
The Nottingham Racecourse at 2.30PM

A vacant two storey former antiques shop in Nottingham City centre, a short distance from both University City Campuses & QMC Hospital, with planning consent for a new build 12 bedroom HMO

  • Previously occupied by Acanthus Antiques & Collectables.
  • Located a short distance from Old Market Square.
  • Situated between Radford and Nottingham City Centre.
  • Currently provides:
  • GF: 2 Showrooms, retail zones and staff toilets.
  • 1F: Showroom and staff toilets.
  • Gross total area: 96m²
  • Full planning for erection of a 3 Storey 12 bed HMO.
  • Nottingham City Council Planning Ref : 20/01401/PFUL3
  • GF: DDA compliant open plan kitchen diner with accessible wc.
  • 1F: 5 bedrooms & 2 shower rooms.
  • 2F: 3 bedrooms, 1 en suite room, utility room & 2 shower rooms.
  • 3F: 1 bedroom, 2 en suite rooms, a shower room & plant room.
  • May be suitable for a wide variety of uses STP.
  • An ideal investment opportunity.

Please 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.

Freehold with vacant possession

Refer to Legal Pack

Email: lt@edwardsclegg.com
Telephone: 0115 922 4537

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