Next auction Thursday 25th April 2.30PM

8-10 Strelley Road, Aspley, Nottingham, NG8 3AP



Unsold
Unsold
Unsold
Unsold
Guide price

£150,000 - £200,000


Property Type

Mixed Use

Bedrooms

4


Key Features

  • Three storey mixed use freehold reversion property in the heart of Aspley
  • Freehold subject to a 99 year ground lease from December 1935 at a current rent of £34.50 pa (expiring December 2034)
  • Currently let to AF Blakemore & Sons Ltd

Part of the 27 April 2023 auction
The Nottingham Racecourse at 2.30PM

Three storey mixed use retail and residential freehold reversion property in the heart of Aspley, subject to a short leasehold interest.

  • Located in a popular retail parade
  • Surrounded by national and regional operators
  • Close to Asda supermarket and the new library
  • Busy thoroughfare between City Centre & J26 M1
  • Good transport links to the City and surrounding areas
  • Aspley is a densely populated residential suburb
  • Off street forecourt parking to the shop fronts
  • GF: comprises a self contained convenience store
  • GF: Go Local Extra, approx floor area 1,515 sq ft
  • FF & SF: 2 x spacious two bedroom flats
  • Flat 8A: NIA approx 1,066 sq ft
  • Flat 10A: NIA approx 1,001 sq ft
  • Benefits from a self-contained rear service yard to the rear
  • Strategic long term investment 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 a 99 year ground lease from 25/12/1935 at a current rent of £34.50 pa (expiring 24/12/2034) with no rent review. Currently let to A F Blakemore & Sons Limited

Refer to Legal Pack

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Telephone: 0115 8765 729

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