1 November 2023: Wednesday 01 November 2023 - 9:00am
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    Key features

    • Freehold Office/Workshop Opportunity
    • Office, Workshop and Rear Yard
    • Established Mixed Use Location
    • Same Ownership for 45 Years
    • Suitable for Development (subject to planning)
    • No VAT

    Description

    The property comprises an site including offices, workshop and yard space.

    The site, totalling 3,303 sq ft (306.92 sq m) includes an office to the frontage to Lincoln Street, arranged over ground and first floors. There is a yard to the rear of the property with a further workshop to the rear of the yard, accessed via a side entry from Lincoln Street. This access forms part of the Freehold, but the adjacent property also enjoys access rights for their rear yard.

    The property is situated on a popular mixed-use street, with adjacent properties to the south comprising residential homes and estate housing opposite. To the north there is some further residential use as well as commercial use similar to the subject property.

    Additional information

    Tenure

    Freehold

    Planning

    We understand that the adjacent properties were formerly in a similar commercial use, but have recently been converted to provide residential accommodation. Therefore, whilst there is no extant planning consent for the property, we consider the property suitable for conversion to alternative uses, including residential (subject to obtaining the requisite consents)

    Notes

    Please note Savills Auctions have not inspected the property. Any drawings, plans, areas and photographs are for illustrative purposes only and purchasers should rely on their own enquiries.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      • Central Nottingham - 2.6 miles

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums