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

Lot - 5 & 5a Station Street, Kirkby-in-Ashfield, NG17 7AQ Auction Lot £95,000+ - Auction Estates

Next Auction

The Nottingham Racecourse


18 August 2022

5 & 5a Station Street, Kirkby-in-Ashfield, NG17 7AQ

Guide Price: £95,000+


Sold
Prior

Key Features

  • Freehold mixed use town centre investment
  • Situated over 3 storeys with self contained access to both shop and flat
  • Fully let with a combined income of £11,474.64 pa
Draft Details Only

Freehold mixed use town centre investment property situated in the heart of Kirkby-in-Ashfield benefitting from a self contained shop at ground floor and self contained 1 bed flat above, let at £11,474.64 pa

• Freehold mixed use town centre investment
• Situated in Kirkby-in-Ashfield town centre
• Along the main retail parade
• Ground floor shop measuring circa 436 sq ft (VOA)
• Let to Zee Cosmetics & Fabrics Ltd
• First floor 1 bedroom flat over first and second floors
• FF: Landing, kitchen, lounge
• SF: Bedroom with en-suite shower room
• Small yard to the rear
• Fully let with a combined income of £11,474.64 pa
• Ideal opportunity for investors

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 subject to the tenancies at a combined rent of £11,474.64 pa (£956.22 pcm)

Refer to Legal Pack

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