Next auction Thursday 22nd February 2.30PM

207 Mansfield Road, Nottingham, NG1 3FS



Unsold
Unsold
Unsold
Unsold
Guide price

£150,000


Property Type

Mixed Use


Key Features

  • Freehold, subject to the occupational tenancies.
  • The ground floor shop is let at £6,600pa on a term of 5yrs which started on 17/08/2016
  • The two flats are both vacant

Part of the 20 July 2017 auction
The Centenary Suite at 2.30PM

Excellent investment opportunity: Comprising a shop (let), and 2 upper floor flats (both vacant)

  • * Ground floor linen/fabric shop trading as Doris Sweet Dream * Shared lounge area at ground floor leading to a communal staircase * Flat 1: 1 bedroom, lounge, kitchen & shower room/WC * Flat 2: Bedroom, lounge, kitchen & shower room/WC * Second floor: loft converted to 2nd bedroom

Refer to www.auctionestates.co.uk

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 occupational tenancy. The ground floor shop is let at £6,600pa on a term of 5yrs commencing on 17/08/2016. The two flats are both vacant.

TBC

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