£230,000

Retail premises for sale

  1. Property photo 1 of 1.

Guide price

£230,000

Retail premises for sale

Nottingham Road, Eastwood, Nottingham NG16

Local area information

Property location

Nearby amenities

  • Hall Park Academy 0.2 miles
  • Springbank Primary School 0.2 miles
  • Langley Mill 1 mile
  • Ilkeston 2.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Town Centre Location
  • Two Flats
  • Shop unit
  • A yard to the rear with brick store sheds
  • Local amenities and bus service to Nottingham City centre.
Summary

For sale via secure sale online bidding - terms and conditions apply.

We 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.

Please note we have not inspected this property.

Location

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.

Accommodation

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.

Flat A Accommodation

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.

"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."

Flat B Accommodation

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.

Tenure

Freehold. Title number NT65068

Rateable Value

The adopted rateable value is 5,500 as of 1st April 2023. Sourced from voa.

Council Tax

Council tax band A

EPC

Available upon request ( rating C & D )

Additional Information

For further information please contact our office on , or alternatively via e-mail on . With regards to viewing subject property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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. The deposit will form part of 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 payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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  1. Zoopla
  2. Commercial for sale
  3. Nottingham
  4. Eastwood
  5. Nottingham Road