Units 1 To 6 Logan Square, Northern Court, Basford, Nottingham, NG6 0BJ
£500,000 to £550,000
Investment
Key Features
- Freehold Industrial Estate Investment
- Let and producing a rent of £40,350 pa
- Next block viewing: Friday 17th February at 12:30 PM, please arrive promptly (This is an external walk around the industrial site)
Part of the
23 February 2023
auction
The Nottingham Racecourse
at
2.30PM
Freehold Industrial Estate investment comprising a block of 6 units totalling 4,818 sq ft on an site of 0.54 acres. Let at a rent of £40,350 pa
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 £40,350 pa Refer to Legal Pack for tenancy information
Refer to Legal Pack
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Telephone: 0115 8765 729