Skip to main content
Popular
Total views:  500+
Guide price
£135,000

Mixed use for sale

Station Road, Sandiacre, Nottingham
Auction
Mixed use
4 beds
Added > 14 days

Features and description

  • Tenure: Freehold
  • To be sold by public auction 30/1/25
  • Three storey terraced building
  • 84 sqm of ground floor commercial use
  • 106 sqm of residential accommodation over two floors self contained
  • Tenant in situ
  • Rent of £12,000 pa
  • Busy thoroughfare
  • Freehold
  • Close to local amenities

Video tours

TO BE SOLD BY PUBLIC AUCTION* ON 30/1/25
A substantial three storey terraced building, mixed use, commercial/residential investment. freehold SUBJECT TO TENANCY AGREEMENT. Three/four bedroom self contained residential accommodation offers future potential.

TO BE SOLD BY PUBLIC AUCTION* 30/01/25.

An opportunity has arisen to purchase this substantial three store mixed use residential/commercial building being sold AS A GOING CONCERN INVESTMENT WITH TENANT IN SITU AT A RENT OF £12,000 PA EX.

The accommodation is arranged over three floors with a self contained ground floor commercial unit, currently used as a restaurant and take away business, offering approximately 84sqm (904sqft) internal space. Restaurant and counter to the front, large commercial kitchen with storage room and WC. There is an internal staircase allowing access to the first floor accommodation which can also be reached via an external staircase to the rear.

The residential accommodation is arranged over the first and second floors with up to three bedrooms on the first floor, as well as a living room, kitchen and bathroom, with a double bedroom located on the second floor.

Situated on a busy thoroughfare in the small town of Sandiacre, adjacent to the larger towns of Stapleford and Long Eaton. The building is on a bus route linking Nottingham and Derby. There are the usual range of shops and facilities within the area, including a Lidl. The A52 and Junction 25 of the M1 motorway is approximately half a mile away.

Ground Floor Commercial Space - There is a small cellar under part of the ground floor.

Restaurant - 8.96 x 4.88 reducing to 3.69 (29'4" x 16'0" reduci - Full width shop frontage.

Commercial Kitchen - 7.25 x 4.40 (23'9" x 14'5") - Door to staircase to first floor accommodation and door to rear storage.

Rear Storage - 4.53 x 2.26 (14'10" x 7'4") - Door to rear lobby.

Rear Lobby - Door to rear yard and door to cloaks/WC.

Cloaks/Wc - Housing a two piece suite comprising wash hand basin and low flush WC.

Residential Accommodation -

Reception Room - 4.52 x 4.51 (14'9" x 14'9") - Two skylights and door leading to external staircase descending to rear yard. Door to landing. Stairs leading to the second floor.

Bathroom - 2.63 x 2.12 (8'7" x 6'11") - Three piece suite comprising wash hand basin, low flush WC, bath with electric shower over.

Kitchen - 2.64 x 2.37 (8'7" x 7'9") - Range of wall and base units with work surfacing, stainless steel sink unit, gas cooker point, double glazed window.

Bedroom - 2.89 x 1.89 (9'5" x 6'2") - Radiator, double glazed window.

Bedroom - 2.87 x 1.93 (9'4" x 6'3") - Radiator, internal window.

Bedroom - 4.94 x 3.68 (16'2" x 12'0") - Radiator, double glazed window to the front.

Second Floor Bedroom - 5.45 x 3.43 (17'10" x 11'3") - Radiator, double glazed dormer windows to the front and rear.

Outside - The property fronts the pavement. Access to the rear, shared rear service yard from Rutland Grove.

Auction - 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 auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers 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 Buyers 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.

TO BE SOLD BY PUBLIC AUCTION* ON 30/01/25
An opportunity has arisen to purchase this substantial three store mixed use residential/commercial building being sold with vacant possession

Property information from this agent

Visit agent website

About this agent

Robert Ellis - Stapleford
Robert Ellis - Stapleford
30-32 Derby Road Stapleford, Nottingham NG9 7AA
0115 691 0062
Full profileProperty listings
Established in 1988, we have facilitated the sale of over 30,000 properties around the West Nottingham and South Derbyshire villages and suburbs. Our team
possess a wealth of knowledge about the areas we cover, with many of them being part of the Robert Ellis family for over 10 years, and some over 20, so you
can be sure we always uphold our values in quality of service and customer satisfaction. We operate out of three towns, Long Eaton, Beeston and Stapleford
with high profile, easily recognisable dedicated sales and lettings branches in each town centre. These branches allow us to reach out to the nei... Show more
... Show more

See more properties like this

*Disclaimer and call rate information...