Next auction Thursday 15th August 2.30PM

5 & 5A Station Road, Long Eaton, Nottingham, NG10 2DF



Unsold
Unsold
Unsold
Unsold
Unsold
Guide price

£85,000+


Property Type

Mixed Use


Key Features

  • Freehold mid-terrace mixed use property
  • Ground floor shop and first floor flat let at combined rent of £10,740 pa
  • Situated in the centre of Long Eaton a short walk from the High Street

Part of the 14 December 2023 auction
The Nottingham Racecourse at 2.30PM

Freehold mid-terrace mixed use property situated a short walk from Long Eaton High Street comprising ground floor shop and a first floor one bedroom flat with a Total Current Reserved Rent of £10,740 pa.

  • Freehold mid-terrace mixed use property
  • Situated a short walk from Long Eaton High Street
  • Close to the Long Eaton Train Station
  • Comprising ground floor shop and first floor flat
  • GF: shop circa 319 sq ft (VOA)
  • Let on 3 year lease to November 2028 at £5,400 pa
  • FF Flat: bedroom, bathroom, kitchen/living room
  • Flat is accessed via a metal staircase to the rear
  • Flat is let on an AST (holding over) at £445 pcm
  • Flat in need of refurbishment throughout
  • Ideal opportunity for investors

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 the ground floor shop let at £450 pcm (£5,400 pa) and the first floor flat being let on an AST (holding over) at a rent of £445 pcm (£5,340 pa).

Refer to Legal Pack

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