Next auction Thursday 20th February 2.30PM

Media Site, Highbury Road, Bulwell, Nottingham, NG6 9BB



Lot No.
32
Lot No.
32
Lot No.
32
Lot No.
32
Lot No.
32
Lot No.
32
Lot No.
32
Lot No.
32
Lot No.
32
Lot No.
32
Lot No.
32
Lot No.
32
Guide price

£85,000+


Property Type

Investment


Key Features

  • Investment property comprising a prominent roadside site with two digital display boards
  • Total current rent reserved of £9,000 pa
  • A high yielding investment opportunity

Part of the 20 February 2025 auction
Trent Bridge Cricket Ground at 2.30PM

An opportunity to acquire an investment property comprising a prominent roadside site with two digital LED display boards individually let and producing £9,000 per annum. Scope for additional use of the site, subject to consents

  • Prominent media site fronting the busy Highbury Road (B682)
  • Main road location between Bulwell & Nottingham
  • Approximate 70m frontage to Highbury Road
  • Bus Stop central to the site frontage
  • Site area approximately 0.05 acre
  • Two new digital media boards (each 6.4m wide x 3m tall)
  • Each board is let on a new 12 year lease from 2024
  • Total current reserved of £9,000 per annum
  • Scope for further utilization of the site, subject to planning
  • A high yielding investment opportunity

Viewing from Highbury Road at any time.

Fees

A buyer's premium of £1,800 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 the existing tenancies. Let on two new 12 year leases with a Total Current Rent Reserved of £9,000 per annum. Refer to legal pack for full details.

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