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NEXT AUCTION - THURSDAY 18TH AUGUST 2.30PM - Click here to view

Lot - 56 Lincoln Street, Old Basford, Nottingham, NG6 0FX Auction Lot £68,000+ - Auction Estates

Next Auction

The Nottingham Racecourse


18 August 2022

56 Lincoln Street, Nottingham, NG6 0FX

Guide Price: £68,000+


Sold
£100,000

Key Features

  • Freehold three storey mixed use end of terrace property
  • Situated in Old Basford a short walk from David Lane NET Tram stop
  • Potential conversion opportunity (stp)
Draft Details Only

Freehold end of terrace 3 storey mixed use property comprising ground floor former shop and storage rooms to first and second floors a short walk from the David Lane NET Tram Stop

• Freehold mixed use property
• Situated in the heart of Old Basford
• A short walk from the David Lane NET Tram Stop
• Ground floor former shop (three rooms)
• Front sales area with 2 store rooms at rear (360 sq ft)
• First floor three rooms plus WC & shower (292 sq ft)
• Second floor 2 rooms (335 sq ft)
• In need of cosmetic refurbishment throughout
• Small area of land and derelict lean-to at rear
• May suit residential conversion STP
• Tram provides quick access to city centre and universities

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

Refer to Legal Pack

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