Next auction Thursday 15th August 2.30PM

Phoenix Works, Vernon Road, Nottingham, NG6 0BX



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Guide price

£500,000 +


Property Type

Land


Key Features

  • 1 Acre Roadside Development Site
  • 65m frontage to Vernon Road
  • Large areas of concrete yard for loading/circulation
  • Existing buildings extend to 16,729 sq ft
  • Close to a wealth of local amenities
  • Additional land & buildings available by seperate negotiation
  • Rare freehold opportunity
  • Ideal redevelopment opportunity (STP)

Part of the 13 December 2016 auction
Nottingham Racecourse at 2.30PM

1 Acre Roadside Development Opportunity (Subject to Planning). Existing industrial buildings of circa 17,610 sq ft

  • 1 ACRE ROADSIDE DEVELOPMENT OPPORTUNITY (STP). * 1 Acre Roadside Development Site (STP) * Existing Warehouse/Industrial Buildings of 16,729 sq ft * 65m frontage to Vernon Road * 2 miles east of Junction 26 of the M1 Motorway * 0.5 miles north of the A6514 (Nottingham's Outer Ring Road) * A short distance from the David Lane NET Tram Stop * Close to a wealth of local amenities * Vernon Road connects the Outer Ring Road to Bulwell town centre. Warehouse - a broadly rectangular shaped building of solid stone construction beneath a pitched roof. Roller shutter door access with a clear minimum eaves height of 4.27m. The warehouse is open plan with concrete floors with good levels of natural light from the windows and roof lights. The warehouse connects through to the main Workshop space which is broadly rectangular beneath multiple pitched roof sections. There is roller shutter door access from the yard area and staff canteen/WC's. There is a suspended ceiling with inset lights. Externally there is a large open hard surfaced yard to the front of the property off Vernon Road together with a side yard for additional parking or storage

By appointment only. Contact Paul Giles (0115) 78 44 600

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 full vacant possession upon completion

E

Email: lwareham@abg-law.com
Telephone: 0115 9476651

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