19 Portland Street, Newark, Nottinghamshire, NG24 4XF
£55,000
Commercial
Key Features
- Ideal investment with redevelopment potential or for owner occupier
- Current planning consent for retail at ground and offices above
- Access from Portland Street and enclosed yard to rear
Part of the
20 July 2017
auction
The Centenary Suite
at
2.30PM
Grade II listed period property with planning permission to convert back to residential dwelling
- * Ideal investment with redevelopment potential or for owner occupier * Current planning consent for retail at ground and offices above * Rateable Value £7,100 pa * Prominent location on the edge of town centre close to ASDA * Access from Portland Street and enclosed yard to rear * Ground Floor retail - 314 sq ft * Ground Floor ancillary stores and w/c - 67 sq ft * First Floor office - 240 sq ft * Second Floor office - 101 sq ft * Cellar with lighting and heating (not measured)
Contact Auction Estates 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 with vacant possession
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Telephone: 0115 9304 994