6 bedroom Mixed Use in Nottingham

371 - 373 Alfreton Road, Nottingham, Nottinghamshire NG7 5LT
  • Lot No: 77
  • Property Type: Mixed Use
  • Contract Type: Unconditional with Variable Fee

Guide Price* £185,000+ plus fees

Result Sold Prior to Auction

Property Description

A substantial mixed use property offering a ground floor retail unit and 2 large duplex flats. A pair of 3 storey properties forming a combination of one commercial property and 2 flats above. The ground floor shop is trading as a general convenience store and is let at £800 pcm / £9600 per annum. The two flats offer a total of 6 bedrooms and require refurbishment. Well situated in a popular and convenient location with plenty of local amenities, great transport links and Nottingham University close by. Possible scope for HMO /Student accommodation, subject to any required consents. Ground Floor Shop - Let at £800 pcm / £9600 per annum. Flat 371a- Two Bedroom Duplex Flat - Vacant Flat 373- Four bedroom Duplex Flat - Vacant

Ground Floor Shop

Being in good order with L shaped accommodation with serving counter and rear store room.<br>Basement - offering useful storage and currently housing Freezers.


317a - 2 Bed Flat

Hallway, Cloaks /w.c, Landing, Lounge 4.00m x 3.77m, Kitchen 4.80m x 2.11m, Bathroom, Second Floor Landing, Bedroom One 4.00m x 2.89m, Bedroom Two 4.00m x 3.76m


373- 4 Bed Flat

Hallway, Lounge 4.80m x 3.92m, Kitchen (unfitted) 3.20m x 2.20m, Landing, Bedroom One 3.95m x 3.75m, Bedroom Two 21.2m x 3.77m, <br> Bathroom, Second Floor Landing, Bedroom Three 3.95m x 3.75m, Bedroom Four 3.95m x 2.95m


Outside

Small yard space to rear.


Mobile Phone Coverage

O2, EE, Three and Vodafone are available in this location.


Satellite and Cable TV Availability

BT and Sky are available in this location.


Broadband (estimated speeds)

Standard 23 mbps. Ultrafast 1800 mbps.


NOTES TO BUYERS

Buyers are referred to the Prohibition Order within the legal pack.<br>We have not been provided with Tenancy Agreement and cannot therefore confirm the rental figure referred to in our marketing. <br>Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 24th April 2025

Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

371 - 373 Alfreton Road, Nottingham, Nottinghamshire NG7 5LT