TO BE SOLD BY ONLINE AUCTION (UNLESS SOLD PREVIOUSLY BY PRIVATE TREATY) ON THURSDAY 25TH AUGUST 2022.
A mixed commercial/residential investment opportunity to be sold with part vacant possession and subject to a tenancy in respect of the flat.
An opportunity for the investor to purchase a mixed residential/commercial investment opportunity. The premises comprise a ground floor lock up shop previously trading as a tattoo parlour but suitable for a variety of other uses. In addition to the shop there is a treatment room, kitchen and WC accommodation on the ground floor.
The self contained flat is accessed via foothpath leading from Bowne Street at the rear and is let under a tenancy with a passing rental of ?400 per calendar month exclusive.
Outram Street is a good, tertiary trading location forming the principal highway out of Sutton town centre heading towards Mansfield.
The shop has potential for future letting or, alternatively, conversion to residential use subject to obtaining all necessary planning consents.
5.33 maximum x 4.21 (17'5 maximum x 13'9 )
With wash hand basin.
2.35 x 1.87 (7'8 x 6'1 )
With a pedestal wash hand basin.
Equipped with WC and wash hand basin.
1.54 x 4.36 (5'0 x 14'3 )
With door to rear yard.
The flat comprises:
With staircase giving access to the first floor accommodation.
2.94 x 3.0 (9'7 x 9'10 )
With electric heater and archway leading to:
2.32 x 3.4 (7'7 x 11'1 )
With electric heater.
2.38 x 2.4 (7'9 x 7'10 )
Equipped with stainless steel sink unit, ceramic hob and oven and working surface.
Equipped with a shower cubicle with electric shower, wash hand basin and WC.
3.39 x 4.0 (11'1 x 13'1 )
With double glazed window and electric heater.
To the rear of the premises there is a small, level yard.
Tenure is freehold subject to tenancy in respect of the flat and with vacant possession in respect of the ground floor retail premises.
Mains water, electricity and drainage are available and connected.
Arranged with pleasure by the sole selling auctioneers.
The property will be sold by Online Auction (unless sold previously by Private Treaty). Full information regarding the Online Auction process is available on our website www.wabarnes.co.uk. In order to bid on this Lot interested parties must follow the registration procedures.
An indication of the sellers current minimum acceptable price at auction. The guide price or a range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual but not always the case that a provisional reserve range is agreed between the seller and auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time upto the day of auction in the light of interest shown during the marketing period, a guide price is issued. The guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall or as a single figure. The reserve price would not normally be higher than the guide price. A guide price is different to a reserve (see below). Both the guide price and reserve price can be subject to change upto and including the day of the auction.
This is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
According to the Valuation Office 74 Outram Street has a rateable value of ?4,450.
Council Tax Band according to Ashfield District Council for 74a is A.
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