Nottingham Road, Nottingham, Eastwood, NG16 3AP

Key Features

Summary

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £230,000. freckleton brown are delighted to offer for sale this investment opportunity comprising of a commercial unit and two flats. The property is located on the main shopping area of the busy Eastwood town centre which is well served by local amenities and bus service to Nottingham City centre. The building is fully let and current rental income is £20,640 per annum. The accommodation comprises of a shop unit to the ground floor, a one bedroom first floor flat and a two bedroom second floor duplex flat. Yard to the rear with brick store sheds. Viewing is strongly recommended.

Full Description

Ground Floor Shop Unit
Having window to the main high street and door to the front elevation.

Entrance To Flat A and Flat B
Side entrance with upvc door and double glazed window to the rear elevation. Access to flat A and flat B.

Open Plan/Lounge/Kitchen 5.33m (17'6") x 3.51m (11'6")
Double glazed window to the front elevation, central heating radiator. Open plan access to the kitchen area. The kitchen area comprises of a stainless steel sink unit with mixer taps and side drainer inset into roll edge work surfaces, a range of base and wall units . Built in oven hob and extractor hood. Tiled splash back areas.

Bedroom 3.66m (12'0") x 3.43m (11'3")
Double glazed window to the front elevation. Central heating radiator.

Bathroom 2.84m (9'4") x 1.90m (6'3")
Frosted double glazed window. White suite comprising of panelled bath with shower over, pedestal wash hand basin and low flush wc.

Emtrance/Landing
Door leading form the communal entrance hall. Staircase leading to the landing. Landing giving access to the lounge, kitchen two bedrooms and shower room.

Lounge 3.66m (12'0") x 3.66m (12'0")
Double glazed window to the front elevation. Central heating radiator.

Kitchen 2.87m (9'5") x 2.49m (8'2")
Double glazed window to the rear elevation. Stainless steel sink unit with mixer taps and side drainer inset into roll edge work surfaces, a ranger of base ad wall unit. Built in oven hob and extractor hood, plumbing for automatic washing machine.

Bedroom One 3.66m (12'0") x 3.43m (11'3")
Double glazed window and central heating radiator.

Bedroom Two 2.84m (9'4") x 1.90m (6'3")
Double glazed window and central heating radiator.

Shower Room
Comprising of shower cubical with shower over, wash hand basin with storage below and low flush wc.

Outside
Yard to the rear with brick store sheds.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.