Garage, 25 Minster Court, Nottingham, NG5 2BW
£3,500+
Residential
Key Features
- An opportunity to acquire a freehold single lock up garage located within the Mansfield Court Development with a total size circa 143 sq ft
- Potential income of £50 to £65 per month
- Use for commuter parking, storage or rental
Part of the
26 October 2023
auction
The Nottingham Racecourse
at
2.30PM
An opportunity to acquire a freehold single lock up garage located within the Mansfield Court Development
- A single freehold lock up garage (no. 25)
- Located within Mansfield Court Development
- Occupying a prominent position off Mansfield Road (A60)
- Situated less than one mile from Nottingham City Centre
- A short walk from the extensive variety of City amenities
- Easily accessible location with ample space for storage
- Width - 2.52 m
- Depth - 5.26 m
- Height - Approx. 2.2 m
- Total size circa 143 sq ft
- Potential income of £50 to £65 per month
- Use for commuter parking, storage or rental
- Ideal for own use & investors
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 with a term of 999 years