32 & 32A Station Road
Ref: Lot 5
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UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
32 & 32A Station Road, Sandiacre, Nottingham, Nottinghamshire, NG10 5BG
For Sale by online Auction, bidding opens Thursday 25th April at 10:00am. A well-proportioned mid terrace situated in a prominent location across the road from the extremely busy Lidl Supermarket, the building is over three floors, there is a retail unit to the ground floor and a self-contained flat above, currently rented on a room basis. Both properties are currently fully tenanted and are producing £22,200 per annum.
For Sale by online Auction, bidding opens Thursday 25th April at 10:00am. A well-proportioned mid terrace situated in a prominent location across the road from the extremely busy Lidl Supermarket, the building is over three floors, there is a retail unit to the ground floor and a self-contained flat above, currently rented on a room basis. Both properties are currently fully tenanted and are producing £22,200 per annum.
Description
The ground floor retail unit is currently rented at £750pcm, to an electronic cigarettes retailer. The usage on this property is: A1/A2 Retail & Financial/Professional Services.
Disclaimer:
Internal photos were taken before the current commercial tenants moved in
32 Station Road (Retail unit)
Current rateable value: £3,250
EPC: D (76)
Tenure: Freehold
The self-contained flat is entered from the rear of the property, the flat was modernised to a high standard a couple of years ago, the property is currently rented to two individual tenants on a room let basis. The property comprises of: Bedroom One, Bathroom, Shared kitchen, Bedroom two with its own en-suite. The vendor currently cover the bills. The rent achieved are:
Room 1: £500pcm
Room 2: £600pcm
32a Station Road (Self-contained flat)
EPC: D (65)
Council tax rating: A
Tenure: Freehold
Viewings
32 & 32A Station Road, Sandiacre, Nottingham, Nottinghamshire, NG10 5BG. Please note the following dates and times are for a 30-minute block viewing, please visit our website to book your slot or turn up on your selected date.
Monday 22nd April 2024 12:30-13:00
Buyers Premium
* Plus 3% Buyers Premium plus VAT
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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