2A Elm Avenue, off Mansfield Road, Nottingham, Nottingham, NG3 4GF
£85,000+
Commercial
Key Features
- Freehold former community centre building
- Fronting Mansfield Road close to NTU City Campus
- In need of comprehensive refurbishment throughout
Part of the
20 October 2022
auction
The Nottingham Racecourse
at
2.30PM
Extensive freehold former Community Centre building fronting Mansfield Road, one of the main arterial routes into Nottingham City Centre, close to NTU city campus and Victoria Shopping Centre.
- Former East England Chinese Association Community Centre
- Providing accommodation over five floors
- Formerly an office building with different room sizes throughout
- GF: 2 x office rooms, kitchen & w/c
- Ground floor circa 518 sq ft
- FF: 2 x office rooms
- First floor circa 507 sq ft
- SF: 3 x office rooms & w/c
- Second floor circa 499 sq ft
- TF: office room & shower room
- Third floor circa 273 sq ft
- Basement: open plan office rooms, access to outside & w/c
- Basement circa 439 sq ft
- Total floor area circa 2,236 sq ft
- In need of comprehensive refurbishment throughout
- Potential for change of use to residential (STP)
- Off street parking for one car
- CASH BUYERS ONLY
- No internal inspections
No viewings due to pigeon infestation
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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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Telephone: 0115 981 9214