Next auction Thursday 17th October 2.30PM

2A Station Street, Long Eaton, Nottingham, NG10 1GJ



Sold
£50,000
Sold
£50,000
Sold
£50,000
Guide price

£50,000


Property Type

Commercial


Key Features

  • Newly converted coffee shop in Long Eaton town centre
  • Let and producing £7,680 +vat per annum
  • Ideal for investors

Part of the 27 February 2020 auction
Nottingham Racecourse at 2.30PM

Newly converted coffee shop in Long Eaton town centre, let and producing £7,680 +vat per annum

  • Ground floor, rectangular shaped unit let to 'Two Guys Deli'
  • Approx 768 sq ft (Source: VOA)
  • Large Window display
  • High ceilings throughout & spacious
  • Ideal for investors
  • Town centre location
  • Close to M1 motorway & Nottingham City

Please contact Auction Estates on 0115 7844 600

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

Long Leasehold for a term of 999 years from 2016 - subject to an occupational tenancy. This property is let to Two Guys Deli at £7,680 +vat per annum

TBC

Email: mm@bannerjones.co.uk
Telephone: 01623 6750800

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