Lot - 105 & 105A Lowmoor Road, Kirkby-in-Ashfield, Nottingham, NG17 7BH Auction Lot £42,000 - Auction Estates

Next Auction

Nottingham Racecourse


13 December 2018

105 & 105A Lowmoor Road, Nottingham, NG17 7BH

Guide Price: £42,000


Key Features

  • Mixed commercial and residential investment opportunity
  • Part let with first floor maisonette producing £3,960 per annum and ground floor vacant retail unit
  • Within Kirkby Town Centre and Includes 2 parking spaces at the rear
Draft Details Only

Mixed commercial and residential investment opportunity. Part let producing £3,960 per annum (Maisonette let at £330 PCM) with vacant ground floor retail unit. ERV when fully let £7,860.

• 105 is a ground floor vacant shop
• Shop measures approx 562 sqft (Source: VOA)
• Open plan rectangular sales area with kitchen & WC at rear
• Separate electric and water meter
• EPC: D
• 105A is a first floor self contained maisonette
• Let and producing £3,960 pa (£330 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
• Well maintained garden area at rear
• This property includes parking at the rear
• ERV when fully let £7,860
• Short walk to a wealth of amenities and town centre
• Ideal opportunity for investors or owner occupiers

VAT

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

Viewings

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 £3,960 per annum. Let since 20.11.2017. Ground floor shop Vacant.

D

By continuing to browse this website you agree to our use of cookies

Accept