Units 1 & 2, 155 Querneby Road, Nottingham, NG3 5HW
£30,000-£35,000
Investment
Key Features
- Two industrial lock-up storage units
- Subject to two occupational tenancies
- Suitable for residential development STP & vacant possession
- Located approximately 2.5 miles from Nottingham City Centre
Part of the
14 December 2017
auction
Nottingham Racecourse
at
2.30PM
Two industrial storage lock up units to the rear of Woodborough Road producing a combined income of £4,800 pa. Ideal for residential development STP and vacant possession.
- Two industrial lock-up storage units
- Subject to two occupational tenancies
- Combined income of £4,800 pa
- Unit 1 -Lease to Just the Tonic from 04.02.17 for 12 months
- Unit 2 -Lease to Yippee Productions from 13.02.15 for 12 months
- Unit 2 is currently holding over
- Suitable for residential development STP & vacant possession
- Located approximately 2.5 miles from Nottingham City Centre
- Close to wealth of local amenities including Sainsbury's & Aldi
FINAL VIEWING DATE: THURSDAY 7TH DECEMBER AT 12.30-12.45PM.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
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Telephone: 0115 9304 994