Next auction Thursday 25th April 2.30PM

Sutton Spice, 4 Mansfield Road, Sutton-in-Ashfield, NG17 4GR



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Guide price

£75,000+


Property Type

Commercial

Bedrooms

2


Key Features

  • Two storey mid terraced property
  • Ground floor lock up takeaway
  • Self contained flat at first floor assumed to be 2 bed

Part of the 21 June 2018 auction
Nottingham Racecourse at 2.30PM

A two storey mid terraced property comprising ground floor takeaway and separate first floor flat

  • Located on Mansfield Road
  • On the main junction leading to Outram Street
  • Two storey mid terraced property
  • Ground floor lock up takeaway
  • Ground floor - 592 sq ft (Source VOA)
  • Yard located to the rear of ground floor
  • Self contained flat with access from rear yard (off Lime Street)
  • Self contained flat assumed to be 2 bed
  • whole property let at £7,200 pa on an agreement for 10 years
  • Lease agreement was made in 2018
  • Property is yet to be internally inspected by Auction Estates

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 tenancy of the whole for 10 years from 2018 at a rent of £7,200 pa

TBC

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Telephone: 0115 9304 994

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