Next auction Thursday 20th June 2.30PM

153, 153A & 153B Outram Street, Sutton-in-Ashfield, NG17 4FU



Sold
Prior
Guide price

£87,500+


Property Type

Mixed Use

Bedrooms

2


Key Features

  • Freehold investment property comprising a shop and 2 flats
  • Fully let, producing £13,200 pa
  • Next block viewing: CANCELLED

Part of the 20 October 2022 auction
The Nottingham Racecourse at 2.30PM

A freehold mixed use investment property comprising a ground floor shop and two self contained flats, fully let and producing £13,200 per annum.

  • In the heart of popular Sutton In Ashfield
  • Prominent position on Outram Street
  • A short distance from ASDA and main retail centre
  • Shop (GF front) measuring circa 183 sq ft (VOA)
  • No.153a (GF) Kitchen, bathroom, bedroom/lounge
  • No.153b (FF) kitchen, bedroom, shower room
  • Popular and established rental location
  • Ideal opportunity for investors
  • Close to a wealth of local amenities
  • Not yet internally inspected by Auction Estates

Contact Auction Estates on 0115 7844 600

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 existing tenancies: Shop: £325 pcm Flat 153a: £375 pcm Flat 153b: £400 pcm Total income: £13,200 pa

Refer to Legal Pack

Email: mm@bannerjones.co.uk
Telephone: 01623 6750800

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