106 Burton Rd 374 sq ft Retail Property Nottingham NG4 3BG For Sale

A freehold mixed-use investment property offered for sale by auction, comprising a prominent vacant corner retail unit, a self-contained residential flat, a vacant shop/office unit, as well as land with 5 parking spaces.
The two-bedroom self-contained flat (106A) is let and subject to an Assured Shorthold Tenancy at £490 per calendar month, which is considered under-rented. The residential tenant has served one month’s notice and will vacate prior to the auction, offering the opportunity for full vacant possession.
A buyer’s premium of £1,800 including VAT is payable on each lot purchased (£720 including VAT where the purchase price is below £10,000). All properties are sold subject to a Reserve Price, typically within ±10% of the Guide Price, which is provided for guidance only and may change up to the auction date. The Conditions of Sale and auction conduct notes are deemed to have been read and understood by all bidders and are available from the auctioneers and vendors’ solicitors prior to the sale.