Next auction Thursday 15th August 2.30PM

51 West Gate, Mansfield, Nottinghamshire, NG18 1RU



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Guide price

£90,000+


Property Type

Commercial


Key Features

  • Freehold town centre A1 retail unit measuring circa 754 sq ft let at £12,000 pa
  • Located close to Specsavers, Bonmarche, CEX, Costa and the Four Seasons shopping centre
  • Ideal for owner occupiers & investors

Part of the 10 December 2020 auction
at 2.30PM

Freehold town centre A1 retail unit measuring circa 754 sq ft benefiting from an income of £12,000. Located adjacent to Specsavers, Bonmarche, CEX and the Four Seasons shopping centre

  • Freehold A1 retail unit measuring circa 754 sq ft
  • Located in Mansfield Town Centre
  • Close to Four Seasons shopping centre
  • Nearby operators - CEX, Bonmarche, Specsavers, Costa
  • Retail shop frontage off West Gate
  • GF - open plan retail unit with rear door onto loading area
  • GF - 532 sq ft
  • FF - w/c, kitchen and storage
  • FF - 222 sq ft
  • Property benefits from mains drains water and electrics
  • Currently let to 888 Vapour at £12,000 pa
  • Let until 30 November 2020 on a protected tenancy
  • Current fit out to a good specification
  • VAT is applicable on the purchase price
  • Ideal opportunity for owner operators and investors
  • Red line for illustration purposes only

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.

Freehold Subject to 3 year lease until 30 November 2020 at a rent of £12,000 pa to 888 Vapour (not in occupation)

E

Email: catherine.sharpe@freeths.co.uk
Telephone: 08450779647

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