11 Ambergate Road, Nottingham, Nottinghamshire, NG8 3GD
Lot No. 7
Ideal opportunity to acquire this virtual freehold semi-commercial property located in NG8, comprising of a running business on the ground floor and a rear entrance to the flat with a spacious lounge, modern kitchen, bathroom, 3 large bedrooms, rear garden, garage with extra storage and multiple car parking space via a private rear entrance. This property boasts investors with recent extension to the Post office. Sitting in a prime location with dense customer loyalty and surrounding schools and amenities is generating £4000 weekly income from the shop and a lot more from the Post Office with potential to achieve more, making this the perfect addition to an investment portfolio or a self run business. The business is currently rented at £725pcm and the flat at £800pcm which is in need of an urgent rent review. Unconditional Sale- The Purchaser shall pay a 5% deposit (subject to a minimum of £5,000) upon the fall of the hammer. In addition a 3% Buyers Premium + VAT (Minimum Fee £5000 + Vat) and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.
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