Next auction Thursday 12th December 2.30PM

On-Site Lodge, 9 Mansfield Road, Eastwood, NG16 3AQ



Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Sold
£218,000
Guide price

£165,000+


Property Type

Investment


Key Features

  • An opportunity to acquire a freehold detached multi-let office investment property in the heart of Eastwood Town Centre.
  • Total current rent reserved: £26,214 per annum (gross)

Part of the 14 December 2023 auction
The Nottingham Racecourse at 2.30PM

An opportunity to acquire a freehold detached multi-let office investment property in the heart of Eastwood Town Centre. Located opposite Morrisons with its own secure car park. Total current rent reserved: £26,214 per annum

  • Located in the heart of Eastwood Town Centre
  • Adjacent to a large pay and display car park
  • Opposite the entrance to Morrisons Supermarket
  • Close to the Langley Mill/A610 junction (B&Q)
  • A short distance from Ikea/Giltbrook Shopping Park
  • Comprising a detached two storey office building
  • Providing six office suites with WC/kitchens
  • Includes a good sized secure car park for tenants
  • Well presented throughout with scope to improve
  • Scope for alternative uses (STP)
  • Potential residential development (STP)
  • A high yielding investment opportunity

Contact Auction Estates on 0115 7844600

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 the existing tenancy agreements. The five suites are fully let with a total current rent reserved of £26,214 pa

Refer to Legal Pack

Your next steps...

For more property information
contact us