Next auction Thursday 20th February 2.30PM

Miall Court, Miall Street, Nottingham, NG7 2AJ



Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Sold
£680,000
Guide price

£570,000+


Property Type

Commercial


Key Features

  • An opportunity to acquire a freehold Industrial Estate investment comprising a block of 6 units totaling 4,678 sq ft
  • Set on a site of 0.43 acres
  • Total Current Rent Reserved of £46,550 pax

Part of the 12 December 2024 auction
Trent Bridge Cricket Ground at 2.30PM

An opportunity to acquire a freehold Industrial Estate investment comprising a block of 6 units totaling 4,678 sq ft on a site of 0.43 acres. Total Current Rent Reserved of £46,550 pax

  • Freehold industrial estate investment
  • Just off Ilkeston Road (A609) close to Nottingham City Centre
  • Within an established industrial estate location
  • Secure metal fences around the site
  • Approximately 15 minutes from J26 of the M1
  • Circa 20 minutes (13 miles) from East Midlands Airport
  • Situated 1.25 miles West of Nottingham City Centre
  • A short walk to Faraday Road Tram Stop
  • Site area 0.43 acres (0.21 Ha)
  • Comprising a purpose built block of 6 industrial units
  • Each unit benefits from its own yard space
  • Tenants include car repair & MOT
  • Total Gross Internal Floor Area circa 4,678 sq ft
  • Ample loading, parking and circulation space
  • Potential asset management opportunity

Contact Auction Estates on 0115 7844 600

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 producing a rent of £45,955 pa. Refer to Legal Pack for tenancy information

Refer to Legal Pack

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