Next auction Thursday 25th April 2.30PM

20 Balderton Gate, Newark, Nottinghamshire, NG24 1UW



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Guide price

£350,000+


Property Type

Commercial


Key Features

  • Substantial three storey brick built detached former Municipal offices
  • Total gross internal floor area approximately 12,443 sq ft
  • Surrounded by residential, offices and cinema complex

Part of the 28 February 2019 auction
Nottingham Racecourse at 2.30PM

Substantial Grade II Listed former Municipal offices in the heart of Newark town centre

  • Three storey brick built detached former Municipal offices
  • Total gross internal floor area approximately 12,443 sq ft
  • GF offices - circa 6,191 sq ft
  • FF offices - circa 4,523 sq ft
  • SF staff facilities - circa 1,729 sq ft
  • Not measured by Auction Estates
  • Surrounded by residential, offices and cinema complex
  • Fronts Balderton Gate, return frontage to London Road car park
  • Various period features throughout the building
  • Suitable for a variety of uses subject to planning
  • Ideal opportunity for owner occupiers, investors and developers

Final block viewing: Thursday 21st February at 9.30am.

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 with vacant possession

Email: natalia.delgado@elliotmather.co.uk
Telephone: 01623 655666 / 01157 043388

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