Property Listing
Main > 4th September 2008 > 33 Station Road, Langley Mill, Nottingham. NG16 4DQ
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*** Sold at auction: £109,000 ***

Lot 20: 33 Station Road, Langley Mill, Nottingham. NG16 4DQ
Mixed commercial and residential investment opportunity
Guide Price: £85,000 +
Auction date - 4th September 2008, Pride Park, Derby.

The property comprises an end of terrace building with accommodation over two floors. The property is internally arranged to provide a shop on the ground floor currently operating as a hair dressing salon and a self contained flat to the rear. To the upper floor are two further self contained flats. The property is fully let and currently producing £11,872 p.a.

ACCOMMODATION:
Ground Floor: Hair dressing salon with wash hand basin and w.c. Flat comprising sitting room, kitchen, bedroom, w.c. and shower room.
First Floor: Flat comprising sitting room, kitchen, bedroom, w.c. and shower room, further flat comprising sitting room, kitchen, bedroom, w.c. and shower room.

TENANCY DETAILS:
The salon is currently let at a rent of £186 pcm (£2,232 p.a.) with the tenant holding over on a one year law society lease from 9.2.07. The ground floor flat is currently let on an AST from 4.7.08 at £325 pcm (£3,900 p.a.). One of the first floor flats is let at £55 pw (£2,860 p.a.) on an AST from 30.4.07 the other is let at £240 pcm (£2,880 p.a.) from 28.6.08. The property is currently full let.

TENURE: Freehold.

SUBJECT TO TENANCIES

VIEWING ARRANGEMENTS:
By arrangement with the auctioneers - 01332 242880.

For Sale by Auction: Thursday 4th September 2008

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com


PLEASE NOTE
These particulars, whilst believed to be accurate are not set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of presentation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by this company has tested any included equipment and can give no authority to make any representation or warranty in respect of the property.

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