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Land For Sale £370,000
Derby Road, Stapleford, Nottingham NG9


Description
** modern method of auction **

** commercial unit with tenant in situ-leased shop ** gusto's cafe **

** opportunity to modernise upstairs **

** 1 halls road at rear - 2 bedroom house in need of renovation- potential to turn into 3 storey property **

** shop and halls road on one title **

** shared access at rear for other shops/properties **

Leaders Estate agents are delighted to be able to offer this unique opportunity postioned with the heart of Stapleford's high street.

Within the property is a commercial unit which currently has a lease in place. Above the shop is a further two floors with the opportunity to convert these- planning permission needs to be sought to do so.

At the rear of the property, is a property that is in need of full modernisation. It currently stands as a two bedroom house, however the current seller was looking into converting it into a three storey, three bedroom home.

For further information in regards to the property, we advise contacting the office who can place you through to the auction specialist to discuss further.

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

Follow the link for more information:
        
zoopla.co.uk

  
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