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£300,000

Nottingham Road, Eastwood, Nottingham, NG16

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£300,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£1,370 per month

Minimum deposit amount:

£15,000
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Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid ?300,000. Offered for sale by freckleton brown is this substantial commercial unit with frontage along the busy Nottingham Road and Queens Road North. This is an ideal conversion to smaller retail units or multiple flats. The unit is on three storeys and benefits from large glass frontage display windows with entrances from Nottingham Road and Queens Road North, all windows and doors have roller shutters. The ground floor sales shop extends to approximately 1050 Sq ft with separate kitchen facilities, separate w/c. The central staircase leads to the first floor which has a shop area of approximately 1216 sq ft with changing rooms, a further storage area and office with access to the fire escape, staircase leading to the second floor. The second floor comprises of three office/storage rooms. To the rear of the property there are three garages each with a car parking space.
The unit has A1/A2 Retail and Financial/Professional services use.

The second commercial unit has a display window onto the busy Nottingham Road and having the benefit of roller shutters. The units comprises of a main trading area of approximately of 310 sq ft with a rear storage area of approximately of 77 sq ft.. There is rear access and a w/c. Please call our office to book an appointment.
The unit is A1/A2 Retail and Financial/Professional services.
This is an ideal conversion into multiple flats (subject to any planning consent).

Sales Area 18.08m (59'4') x 5.05m (16'7' )MAX
Display windows on the busy Nottingham Road and Queens Road North customer door from Nottingham Road and Queens Road North. Laminate floor covering, access to the kitchen, ground floor storage/changing room and w/c.

Additional Photo
Additional Photo
Kitchen 3.71m (12'2') x 1.47m (4'10')
With window and stainless steel sink unit.

Storage/Changing Room
W/C
Having window, low flush w/c/ and wash hand basin.

First Floor/Sales Area
Having windows to the front elevation and windows to the side elevation. Three Changing rooms and w/c. Laminate floor covering. Access to stoor/office.

Additional Photo
W/C
Having window, low flush w/c and wash hand basin.

Store/Office 3.73m (12'3') x 3.66m (12'0')
Windows to the front elevation, access to the inner hall.

Inner Hall
Staircase to the first floor, access to office.

Office 3.71m (12'2') x 3.66m (12'0')
Office room, with access to the fire escape.

Second Floor
Store Room 2.62m (8'7') x 1.85m (6'1')
Store Room 3.66m (12'0') x 1.83m (6'0')
Store Room 4.88m (16'0') x 3.76m (12'4')
Store Room 4.95m (16'3') x 3.43m (11'3')
Second Commercial Unit 8.43m (27'8') x 3.35m (11'0')
Display window to the front elevation on to Nottingham Road Access, customer door to the front elevation. Access to the storage area.

Storage 4.57m (15'0') x 3.12m (10'3')
Rear Lobby
Access to w/c and fire door to the rear elevation. Staircase leading to the first floor storage area.

First Floor/Storage Area
Storage Area

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.


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Stamp Duty tax
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Mortgage and legal costs:
£999
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