Unit 3 Bradley Street, Sandiacre, Nottingham, NG10 5AH
£145,000+
Investment
Key Features
- A freehold commercial investment comprising a purpose built workshop
- Let to long term tenants holding over under the terms of a 2006 lease producing £7,000 pax
- Gross floor area approximately 1,170 sq ft
Part of the
17 April 2025
auction
Trent Bridge Cricket Ground
at
2.30PM
A freehold commercial investment comprising a purpose built workshop, let to long term tenants holding over under the terms of a 2006 lease producing £7,000 per annum exclusive.
- Set within a block of four single storey industrial units
- Just over a mile from Junction 25 of the M1 motorway
- Close to the A52 Nottingham/Derby Road
- Ideally placed for Stapleford, Long Eaton and Ilkeston
- Constructed in 1970's with brick elevations under a profile roof
- Roller shutter door, fire exit and tarmacadam forecourt parking.
- Workshop/Storage - 10.67m x 10.21m (1,170 sq ft)
- The unit has mains water, electricity (three phase) and drainage connected
- Offered For Sale on a freehold basis, subject to the tenancy
Contact Auction Estates on (0115) 7844600
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 tenancy. The original lease is dated 13th February 1990 between Maxwell Alfred Hopewell and C.F. Haines & Co Ltd. We are informed that a new lease dated 8th January 2007, for a term of five years from 22nd June 2007, between Maxwell Alfred Hopewell and G.F. Haines & Co Ltd was renewed to be co-terminal with the adjoining leases and subsequently assigned to Castle Tapes and Industrial Solutions. The current rent passing is £1,750 per quarter exclusive (£7,000 per annum) subject to the tenants liability to pay insurance rent.
Refer to Legal Pack
Email: hayley.barber@tallents.co.uk
Telephone: 01636 671881