44 High Pavement, Nottingham, NG1 1HW
£295,000+
Investment
Key Features
- Attractive 3 storey end of terrace period building located in the heart of the Lace Market
- Let to a dental studio on a 10 year lease from December 2012 at £15,400 pa (inc vat)
- Rent review has been served at £18,600 pa (inc vat)
Part of the
3 October 2019
auction
Nottingham Racecourse
at
2.30PM
An attractive three storey end of terrace period building in the heart of Nottingham's historic Lace Market, Grade II listed building.
- Attractive 3 storey end of terrace period building
- Located in the heart of Nottingham's Lace Market
- Let to a dental studio on a 10 year lease at £15,400 pa (inc vat)
- Rent review has been served at £18,600 pa (inc vat)
- Internally the property is configured for the tenants use
- Sub basement: not internally inspected by Auction Estates
- Basement: 360 sq ft
- Ground Floor: 445 sq ft
- First Floor: 444 sq ft
- Second Floor: 615 sq ft
- Attic: 168 sq ft
- Total net internal floor area: 2,032 sq ft
- Ideal opportunity for investors
Next viewing date: Tuesday 24th September at 1.00-1.15pm
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 a lease to a dental studio on the residue of a 10 year lease from 21st December 2012 at £15,400 pa (inc vat)
Email: cmathieson@jacksonlees.co.uk
Telephone: 0151 6479381