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Lot - 576 Mansfield Road, Sherwood, Nottingham, NG5 2FS Auction Lot £125,000+ - Auction Estates

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Nottingham Racecourse


18 June 2020

576 Mansfield Road, Sherwood, Nottingham, NG5 2FS

Guide Price: £125,000+


Sold
£130,000

Key Features

  • Freehold mid-terrace commercial property located on main arterial route into Nottingham City Centre
  • Opportunity to convert upper floors to self contained residential (STP) with access from the rear
  • Ideal opportunity for owner occupiers, developers and investors
Draft Details Only

Freehold mid-terrace commercial property with full vacant possession measuring a total of circa 2,206 sq ft over ground, first, second and third floors on busy arterial route into Nottingham City Centre

• Freehold mid-terrace commercial property
• Located on main arterial route into Nottingham City Centre
• GF - Open plan shop circa 506 sq ft (VOA)
• LGF - To rear of trading area - kitchen, bathroom, w/c
• FF - Open plan office/store
• SF - Two office/store rooms
• TF - Converted attic space
• Total floor area circa 2,206 sq ft
• Small external yard to the rear
• Opportunity to convert upper floors to residential (STP)
• Access to self contained upper floors could be created at rear
• Benefits from new roof covering
• Ideal opportunity for owner occupiers, speculators and investors

VAT

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

Viewings

FINAL viewing date: Tuesday 3rd December at 11.15am

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 with full vacant possession

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