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Lot - 2B Station Street, Long Eaton, Nottingham, NG10 1GJ Auction Lot £50,000 - Auction Estates

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Nottingham Racecourse


27 February 2020

2B Station Street, Nottingham, NG10 1GJ

Guide Price: £50,000


Sold
£50,000

Key Features

  • Retail investment property let to a beauty salon, producing £7,250.04 +vat per annum
  • Fully refurbished to a high standard throughout
  • Town Centre location with parking close by
Draft Details Only

Retail investment property let to a beauty salon, producing £7,250.04 + vat per annum

• Fully refurbished ground floor shop
• Let to Beautique trading as a beauty salon
• Finished to a high standard throughout
• Rear staff room, kitchen & WCs
• Open plan sales area with large window display
• Scope to increase the income
• Total floor sales area approx 1,028 sqft (Source VOA)
• An ideal investment opportunity

VAT

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

Viewings

Please contact Auction Estates on 0115 7844 600

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

Long Leasehold for a term of 999 years from 2016 - subject to the occupational tenancy. The property is let to Beautique on a three year lease from March 2016 at £7,250.04 + vat per annum.

TBC

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