Next auction Thursday 15th August 2.30PM

Prime Mixed-Use Development Site on London Road, Nottingham, NG2 3BQ



Lot No.
17
Lot No.
17
Lot No.
17
Lot No.
17
Lot No.
17
Lot No.
17
Guide price

Postponed


Property Type

Land


Key Features

  • A rare opportunity to acquire a Landmark mixed-use development site in a prominent location on London Road, the main arterial route into Nottingham City Centre.
  • Full Planning Permission for a nine storey mixed use development with integral car parking.
  • No S106 contributions & no affordable housing

Part of the 20 June 2024 auction
Trent Bridge Cricket Ground at 2.30PM

A rare opportunity to acquire a Landmark mixed-use development site in a prominent location on London Road, the main arterial route into Nottingham City Centre. Full Planning Permission for a nine storey mixed use development with integral car parking.

  • Occupying a prominent position off London Road
  • Situated between the City Centre & West Bridgford
  • Forms part of a significant regeneration area
  • Close to the new Waterside Apartments & Trent Bridge Quays
  • A short walk from Trent Bridge, Forest & County stadiums
  • Proximity to a wide variety of high end amenities
  • Nottingham Train Station & transport hub situated close by
  • Set 1.3 miles South of Nottingham City Centre
  • Within catchment of Nottingham University & NTU
  • Nottingham has over 50 regional & national headquarters
  • Comprising a Brownfield site extending to 0.61 acres
  • Part of an island site between London Road & Meadows Way
  • Benefiting from excellent visibility & vehicular access
  • Currently made up of a hand carwash & car sales pitch
  • Full Planning Permission (REF: 20/02756/PFUL3)
  • PP for a nine storey mixed use development
  • Architects drawings can be provided on request
  • No S106 contributions & no affordable housing
  • Scope for a wide range of uses (STP)
  • An opportunity for developers & investors alike

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, Auction Estates, and Vendors Solicitors 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 auction. Prospective Purchasers are advised to check with the auctioneers, Auction Estates, before the sale that the property is neither sold or withdrawn. The Purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Whilst Auction Estates make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of the properties in our auction and cannot therefore guarantee the safety and security of viewers. Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry to such sites is entirely at the viewers' risk.

Freehold - Title numbers NT20662, NT424307 & NT427778 Site is subject to 2 informal tenancy agreements, refer to legal pack.

Refer to Legal Pack

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