Lot - 103 & 103A Lowmoor Road, Kirkby-in-Ashfield, Nottingham, NG17 7BH Auction Lot £40,000 - Auction Estates

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Nottingham Racecourse

18 June 2019

103 & 103A Lowmoor Road, Nottingham, NG17 7BH

Guide Price: £40,000


Key Features

  • Mixed commercial and residential investment opportunity
  • First floor maisonette let producing £3,600 per annum with vacant ground floor retail unit
  • Located in Kirkby Town Centre close to a wealth of local amenities
Draft Details Only

Mixed commercial and residential investment opportunity. Part let producing £3,600 per annum (First floor maisonette let at £300 PCM) ERV when fully let £7,500.

• 103 is a ground floor vacant shop
• Shop measures approx 486 sqft (Source: VOA)
• Open plan rectangular sales area with kitchen & WC at rear
• Separate electric and water meter
• EPC: D
• 103A is a first floor self contained maisonette
• Let and producing £3,600 pa (£300 PCM)
• Comprising open plan kitchen/living area
• Double Bedroom & Shower/WC
• Separate gas, electric and water meter
• Maisonette is accessed via metal stairs at rear
• Garden area at rear
• This property includes parking at the rear
• ERV when fully let £7,500
• Short walk to wealth of amenities and town centre
• Ideal opportunity for investors or owner occupiers
• EPC: D


Interested parties should refer to the Special Conditions of Sale for confirmation of whether VAT is applicable to the sale price.


Next viewing date: Thursday 11th October at 4.00pm. Please arrive promptly for the viewing time in order to gain access.

Important Notices

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 Tenancy of the first floor maisonette let at £3,600 per annum. Let since 24.07.2011. Ground floor shop Vacant.


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