Lot 59
    Mixed Use
    34 Beech Avenue
    New Basford, Nottingham, Nottinghamshire, NG7 7LL
    Sold for £148,000
     
    Number 1
    A Commercial and Residential Investment Producing £25,392 per annum

    Description

    The property comprises a mid terrace building arranged as a ground floor shop with a four bedroom maisonette above that is let on a room by room basis.

    Tenure

    Freehold

    Location

    The property is situated on a predominantly residential road among the shops and amenities of Beech Avenue. The open spaces Hedley Villas Park are also within close proximity. Transport links are provided by Nottingham rail station.

    Accommodation & Tenancy Schedule

    Floor Accommodation Tenancy Current
    Annual Rent
    Basement
    Ground
    Office Area, Storage
    Shop Area, Kitchen, WC
    Let on a 5 year commercial lease agreement commencing 28 Dec 2018. £12,000
    First Front Room AST at £260 pcm £3,120
    First Communal Kitchen & Shower Room with WC and wash basin
    First Rear Room AST at £300 pcm £3,600
    Second Front Room AST at £276 pcm £3,312
    Second Rear Room AST at £280 pcm £3,360
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    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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