49 Chilwell Road, Beeston, Nottingham, Nottinghamshire NG9 1EN

An excellent mixed use investment property with huge development potential to renovate & convert the upper floors. Ground floor barber shop in situ for a number of years and currently on a 5-year lease paying £9k per annum in rent.

This seldom available property is nestled within the thriving high street of Beeston Notts, is within a highly sought after area with a wide range of shops, local amenities and transport links with the Tram on its doorstep.

The property comes with parking and has a vacant 1st floor flat requiring some cosmetic upgrading but also offering development potential to convert the open loft space (STPP) and could become either 2 flats or a 3-bedroom flat, further enhancing the rental potential of the property.

Viewings are available to fully appreciate the opportunity on offer, please contact our offices for details.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% inc. VAT of the purchase price (subject to a minimum of £6,000 inc. VAT)

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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding 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.