Next auction Thursday 14th December 2.30PM

161/161A/161B Portland Road, Hucknall, Nottinghamshire, NG15 7SB



Sold
£80,000
Sold
£80,000
Sold
£80,000
Sold
£80,000
Sold
£80,000
Sold
£80,000
Sold
£80,000
Sold
£80,000
Guide price

£75,000 '+'


Property Type

Mixed Use

Bedrooms

2


Key Features

  • Town Centre Mixed Use Investment
  • Fully let and producing £12,900 pax
  • High yielding investment (17%)
  • Nail Bar shop at ground floor
  • First floor one bed flat
  • Second floor one bed studio
  • Close to a wealth of local amenities
  • Ideal investment opportunity

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

Fully let mixed use investment property comprising ground floor shop, a first floor flat and second floor studio - Total income £12,900

  • Fully let mixed use investment property comprising Ground Floor Shop, a first floor flat and second floor studio - Total income £12,900. * Set within an established retail parade adjacent to Pizza Hut Delivery * Comprising a ground floor shop let and trading as Classique Nail & Beauty * First floor self contained flat (let) * Second floor self contained studio flat (let) * Ideal investment opportunity

Contact Paul Giles on (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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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, subject to the occupational tenancies as shown in the table below

E

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Telephone: 0115 9304 994

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