Next auction Thursday 17th October 2.30PM

5 Garages & 2 parking spaces at Hardwick Avenue, Rainworth, Mansfield, NG21 0EA



Sold
£28,000
Sold
£28,000
Sold
£28,000
Sold
£28,000
Sold
£28,000
Sold
£28,000
Sold
£28,000
Guide price

£20,000+


Key Features

  • 5 freehold garages and 2 freehold parking spaces
  • Garages are currently under license agreements with a combined rent of £2,000 pa
  • Situated within a quiet cul-de-sac

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

5 freehold garages and 2 freehold parking spaces on a quiet cul-de-sac in Rainworth benefitting from a combined income for the 5 garages of circa £2,000 pa

  • Freehold block of 5 garages and 2 parking spaces
  • Situated on a quiet cul-de-sac in Rainworth
  • Surrounded by a wealth of residential property
  • Block of garages to the left comprises 3 garages
  • Block of garages to the right comprises 2 garages
  • The middle garage in the right hand block not part of sale
  • There are two freehold parking spaces included
  • Current combined income for the garages of £2,000 pa
  • Scope to significantly increase garage rents
  • May suit a wide variety of alternative uses STP

External viewings at anytime from Hardwick Avenue No internal viewings to be provided

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 subject to Licenses of 5 garages with a combined income of £2,000 pa

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

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