Commercial Development in NG16

King Street, Eastwood, Nottingham, Nottinghamshire, NG16 3DA

Brochure

Tenure: Freehold

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Starting bid£80,000

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Key Information

Parking: Allocated

Property features

Investment Oppotunity
Possible Redevelopment
Recently rendered external front of the property
Garage
Town Centre Location
Roof recently replaced

Commercial Development in NG16

Being sold via Secure Sale online bidding. Terms & Conditions apply.

An opportunity has arisen to purchaser this commercial unit located in Eastwood town centre ideal for a conversion to flats, house of multiple occupancy or continue the use as a commercial unit. The property has double glazed windows with security bars, gas central heating and an alarm system. The unit comprises of an entrance, three large work space rooms, kitchen rear entrance with fire escape and two wc's to the ground floor. Integral access to the garage is via room two. Three large office/work rooms a located on the first floor. Outside there is a path from the fire exit and access to the garage is via King street. Viewing is strongly recommended to see the potential this investment purchase has to offer.

Full Description
Entrance
upvc door access top the first room.

Room One 5.61m (18'5") x 4.75m (15'7")
Having double glazed window with security bars, lighhting, central heating radiator.

Room Two 4.57m (15'0") x 3.05m (10'0")
Lighting, central heating radiator, open plan to room three.

Room Three 7.32m (24'0") x 3.81m (12'6")
Skylight windows, access to the garage and access to the rear hall.

Rear Hall
Access to the fire escape and two cloak/wc rooms.

Cloaks One
Low flush wc and wash hand basin.

Cloaks Two
Low flush wc.

Kitchen 4.60m (15'1") x 3.86m (12'8")
Double glazed window with security bars, central heating radiator, wall mounted boiler, sink unit with side drainer inset into work surfaces, a range of base units. Staircase to the first floor.

Room Four 4.65m (15'3") x 3.76m (12'4")
Double glazed window with security bars, central heating radiator. Access to room five.

Room Five 4.78m (15'8") x 3.73m (12'3")
Double glazed window with security bars, central heating radiator. Access to room six.

Room Six 4.78m (15'8") x 5.03m (16'6")
Double glazed window with security bars, central heating radiator.

Garage 5.61m (18'5") x 3.05m (10'0")
Access from king street with roller garage door, power and lighting. Courtesy door leads to the property.

Description

An opportunity has arisen to purchaser this commercial unit located in Eastwood town centre ideal for a conversion to flats, house of multiple occupancy or continue the use as a commercial unit.

Location

Located in Eastwood town centre.

Tenure

Freehold - Title number NT374114

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

Please log in to view and download the legal pack files.

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