Next auction Thursday 12th December 2.30PM

184 Carlton Road, Nottingham, NG3 2BB



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Guide price

£175,000+


Property Type

Investment


Key Features

  • An opportunity to acquire a long leasehold investment property comprising a modern retail unit fronting this busy section of Carlton Road in Nottingham City Centre
  • Total Current Rent Reserved: £12,000 pax (rising to £14,000 pax in 2025)
  • An ideal investment opportunity

Part of the 17 October 2024 auction
at 2.30PM

An opportunity to acquire a long leasehold investment property comprising a modern retail unit fronting this busy section of Carlton Road in Nottingham City Centre. Total Current Rent Reserved: £12,000 pax rising to £14,000 pax in 2025

  • Occupying a prominent position on Carlton Road
  • One of the main arterial routes into the City Centre
  • 10 minute walk to Motorpoint Arena & Hockley District
  • Close to Lidl & Falcon supermarkets
  • Adjacent to Post Office & newly opened Caprinos Pizza
  • 184 Carlton Rd let to Blissful Asia Massage
  • Lease ends 06/06/2031 - £12,000 pax (£14,000 pax in 2025)
  • Comprising: Reception, 3 x massage rooms, staff kitchen, W/C, storage room (854 sq ft)
  • All flats have been sold off on 999 year leases
  • An ideal investment opportunity

Please contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,800 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.

Long Leasehold subject to the existing lease of the retail shop. 184 Carlton Rd let to Blissful Asia Massage - Lease ends 06/06/2031 - £12,000 pax (£14,000 pax in 2025) Note all upper floors have been sold off on Long Leaseholds comprising 4 flats

Email: matthewmaiden@bannerjones.co.uk
Telephone: 01623 675805

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