40 & 40A Lincoln Street, Old Basford, Nottingham, NG6 0FX
£195,000+
Commercial
Key Features
- Four self contained office units (each two storey)
- Potential for conversion to alternative uses
- Two units nearing internal completion, two to a shell specification
Part of the
26 February 2026
auction
Nottingham Racecourse
at
2.30PM
An opportunity to acquire four self contained units (offices with potential for conversion), two requiring minimal work to complete and two in shell condition. ERV when fully let as offices circa £30,000 pax (potentially higher with alternative uses)
- Situated in a mixed residential and commercial area
- Close to the NET Tram Stop off Vernon Road
- A short distance from the Outer Ring Road and J26 M1
- Front building: 2 x two storey self contained units, each:
- GF: office room, rear kitchen & stairs to FF
- FF: Two office rooms and bathroom
- Shared driveway to gated rear yard
- Self contained single storey storage building
- Rear building: 2 x two storey self contained offices
- To a shell specification with new roof/windows (no stairs)
- Offering scope for conversion to alternative uses
- Adjacent to a flat conversion scheme and other residential
- Suitable for office or live/works units (STP)
- Close to a wealth of local amenities
- Plans for indicative purposes only of potential layout
Contact Auction Estates on 0115 7844600
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 with vacant possession
Refer to Legal Pack
Email: pe@edwardsclegg.com
Telephone: 0115 9224537