Next auction Thursday 25th April 2.30PM

43 Appleton Gate, Newark, Nottinghamshire, NG24 1JR



Sold
Post
Guide price

£135,000-£140,000


Property Type

Mixed Use

Bedrooms

1


Key Features

  • Mixed use investment producing £15,790 pa
  • Ground floor let to an Estate Agent
  • Three self contained flats above

Part of the 14 December 2017 auction
Nottingham Racecourse at 2.30PM

Mixed use town centre investment property comprising 3 flats and an Estate Agency, fully let and producing £15,790 p.a.

  • Prominent & attractive Grade II listed building
  • Ground floor CPG Property Ltd let at £4,750 pa
  • Well appointed sales area with large glazed frontage
  • 3 self contained flats producing £11,040 p.a. with side entrance
  • Flat 1: kitchen, living room, shower room, bedroom
  • Flat 1: let at £295 pcm, EPC: G
  • Flat 2: kitchen/living room, bedroom, shower room
  • Flat 2: let at £250 pcm, EPC: C
  • Flat 3: kitchen, living room, 2 beds, bathroom
  • Flat 3: let at £375 pcm, EPC: D
  • Busy town centre location adj a Pay & Display car park
  • Close to the Civil War Museum, a short distance from Market Place

Contact Auction Estates on 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 subject to the Assured Shorthold Tenancies of the 3 flats and ground floor Estate Agency

C

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Telephone: 0115 9304 994

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