4 High Street, Hucknall, Nottingham, NG15 7HD
£125,000+
Mixed Use
2
Key Features
- An opportunity to acquire a freehold mixed-use investment property comprising ground floor retail unit and a self contained two bedroom apartment on the upper floor
- Producing a combined rent of £14,400 pa
- Ideal opportunity for investors
Part of the
12 December 2024
auction
at
2.30PM
An opportunity to acquire a freehold mixed-use investment property comprising a ground floor retail unit with a self contained two bedroom flat above. Fully let with a combined current rent of £14,400 pa.
- Freehold mixed-use investment property
- Located in the heart of Hucknall town centre
- Situated in a prominent position fronting High Street
- Close to Ashgate Retail Park
- Nearby occupiers: Greggs, Costa, Tesco Extra, B&M, etc
- Walking distance to Hucknall Train Station & Bus Station
- A 10 minute drive to J27 of the M1
- GF retail unit let to PAK Bargains at £6,000 pa
- Comprising: Retail area, store room, kitchen & toilets (449 sq ft)
- FF self contained flat let on an AST at £8,400 pa
- Comprising 2 x bedrooms, kitchen, lounge & a family bathroom
- Benefits from a self contained ground floor access to the rear
- Producing a combined rent of £14,400 pa
- Ideal opportunity for investors
Contact Auction Estates on 0115 7844 600
Fees
A buyer's premium of £1,800 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 existing lease on the ground floor unit at a rent of £6,000 pa. The upper floor flat is subject to an AST at a rent of £8,400 pa.
Refer to Legal Pack