Next auction Thursday 20th February 2.30PM

The Old Mill, Kinoulton Road, Cropwell Bishop, Nottinghamshire, NG12 3BE



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Guide price

£250,000+


Property Type

Commercial


Key Features

  • Freehold office building on the Canalside Industrial Park
  • Total Floor Area approximately 2,886 sq ft
  • Proving offices, stores, WC and kitchenette

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

A rare opportunity to acquire an attractive Freehold Office Building in the Vale of Belvoir. Comprising a former Mill providing open plan office accommodation over three floors with 4 allocated parking spaces in the dedicated car park

  • Picturesque location fronting the Canal off Kinoulton Road
  • Situated on the popular Canalside Industrial Park
  • Close to the sought after village of Cropwell Bishop
  • Cropwell Bishop has local shops and a modern Co-Op store
  • Easy access to A46/A52 connecting Nottingham/Leicester/M1
  • East Midlands Airport approx 35 minutes by car (21 miles)
  • Comprising a 3 storey former Mill with single storey section
  • Ground floor offices, kitchen, WC and stores circa (1,208 sq ft)
  • First floor open plan offices circa (840 sq ft)
  • Second floor open plan offices circa (840 sq ft)
  • Total Floor Area approximately 2,886 sq ft
  • Polished timber floors, exposed beams & painted brickwork
  • 4 allocated parking spaces within the dedicated car park

Strictly by Prior Appointment with Auction Estates on (0115) 7844600

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. The property is currently subject to a lease to G-Partners (Company No. 04164019) which expires in June 2022 at a reserved rent of £18,000 pax. ERV circa £29,000 PAX

Refer to Legal Pack

Email: iant@cleggssolicitors.com
Telephone: 0115 977 5801

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