Next auction Thursday 20th June 2.30PM

Unit 1-3 Hubert Court, Hubert Street, Radford, Nottingham, NG7 5AJ



Sold
£300,000
Sold
£300,000
Sold
£300,000
Sold
£300,000
Sold
£300,000
Sold
£300,000
Sold
£300,000
Sold
£300,000
Sold
£300,000
Sold
£300,000
Sold
£300,000
Sold
£300,000
Guide price

£145,000 to £165,000


Property Type

Commercial


Key Features

  • Freehold industrial investment (three units)
  • Fully let producing a rent of £13,200 pa
  • Ideal for investors

Part of the 23 February 2023 auction
The Nottingham Racecourse at 2.30PM

Freehold Industrial Estate investment comprising a block of 3 units (1,587 sq ft) on a site of 0.11 acres. Fully let at a rent of £13,200 pa

  • Freehold industrial investment comprising 3 units
  • Located in the heart of Radford
  • Adjacent to Radford Road, close to Alfreton Rd
  • Good road communications to J26 M1
  • A few minutes drive from Nottingham City Centre
  • Unit 1 (534 sq ft) let at £4,000 pa
  • Unit 2 (534 sq ft) let at £5,200 pa
  • Unit 3 (519 sq ft) let at £4,000 pa
  • Total Gross Internal floor area 1,587 sq ft
  • Forecourt loading/parking
  • Each unit has roller shutter & pedestrian door
  • Potential asset management opportunity

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 existing tenancies producing a rent of £13,200

Refer to Legal Pack

Email: christina.price@nottinghamcity.gov.uk
Telephone: 0115 876 4378

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