Lot - 260 Nottingham Road, Ilkeston, Derbyshire, DE7 5BD Auction Lot £55,000+ - Auction Estates

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Nottingham Racecourse

15 August 2019

260 Nottingham Road, Ilkeston, DE7 5BD

Guide Price: £55,000+


Key Features

  • Freehold mixed use investment property close to Ilkeston Town Centre
  • Fully let and producing £7,980 per annum
  • Ideal investment opportunity
Draft Details Only

Freehold, fully let mixed use investment property, let to a Recycle Shop at ground floor with s/c one bed flat above producing £7,980 per annum

• 260: Recycle shop let at £3,300 per annum (£275 PCM)
• Comprising retail area, storage area, kitchen & WC
• Full shop area measuring approx. 377 sq ft
• 260A: One bedroom self contained flat
• Let at £4,680 per annum (£390 PCM)
• EPC: F
• Close to Ilkeston Town Centre
• An ideal investment property
• Not yet fully internally inspected by Auction Estates


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


Final viewing date: Wednesday 12th June at 10.30am. 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 tenancies of both ground floor shop and flat above.


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