Next auction Thursday 20th June 2.30PM

Coventry Court Industrial Estate, Coventry Road, Bulwell, Nottingham, NG6 8PR



Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Sold
£670,000
Guide price

£500,000 to £550,000


Property Type

Investment


Key Features

  • Freehold Industrial Estate Investment
  • Fully let and producing a rent of £39,400 pa
  • Ideal investment opportunity with scope for asset management
  • Next block viewing: To be confirmed

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

Freehold Industrial Estate investment comprising a block of 4 units totaling 6,359 sq ft on an site of 0.75 acres. Fully let at a rent of £39,400 pa

  • Freehold industrial estate investment
  • Fronting the busy A610 close to Bulwell town centre
  • Located approx 2 miles from J26 of the M1
  • Circa 22 minutes (15 miles) from East Midlands Airport
  • Situated 4 miles North-West of Nottingham City Centre
  • Within 0.4 miles of Bulwell Train Station
  • Site area 0.75 acres (0.3 Ha)
  • Comprising a purpose built block of 4 industrial units
  • Tenants include car repair/MOT, printers, IT products
  • Total Gross Internal Floor Area circa 6,359 sq ft
  • Ample loading, parking and circulation space
  • Includes an area of land situated behind the units
  • 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 the existing tenancies producing a rent of £39,400 pa Refer to Legal Pack for tenancy information

Refer to Legal Pack

Email: null
Telephone: 0115 8765 729

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