Nottingham Road, Ilkeston, DE7 5RE

SUMMARY SOLD BY MODERN METHOD OF AUCTION.

Opportunity to acquire this semi-commercial property, offering a flexible retail space to the ground floor and spacious residential accommodation above. Requiring completion of the refurbishment works already started. Ideal for owner occupiers or investors.

DESCRIPTION A fantastic opportunity to acquire this semi-commercial property, offering a flexible retail space to the ground floor and spacious residential accommodation above. Requiring completion of the refurbishment works already started, the property presents excellent potential for an owner-occupier, investor or developer to create a versatile live-work space or investment opportunity.

The ground floor is an ideal space to suit a wide range of business ventures (subject to any necessary consents).

The first and second floor comprises a self-contained flat with three generous bedrooms, an open-plan kitchen/living/dining room and a bathroom, offering comfortable living accommodation.

This is an ideal purchase for investors seeking dual-income potential or business owners looking for the convenience of living above their premises, with excellent scope to maximise rental yield.

Auctioneer's Comments  This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

To The Front  Featuring a double-glazed shop frontage with entrance door. A side ginnel provides access to the rear of the property and the apartment above.

Business Premises  Spacious area with the double-glazed front glazing and a rear aspect window, partially refurbished with doorway to a rear entrance hallway.

Entrance Hallway  Having a side aspect door to the rear and access to a guest cloakroom.

Guest Cloakroom  Having a low-level WC.

Flat

Kitchen/Dining/Living

Open-plan kitchen, dining and living area, partially refurbished. The kitchen is fitted with a range of wall and base units incorporating a stainless-steel sink and drainer, integrated oven and hob with extractor hood over. Offering ample space for both dining and comfortable living arrangements, the room benefits from an abundance of natural light provided by two front-aspect double-glazed windows.

Hallway  Hallway providing access to a bedroom, bathroom and the staircase rising to the second floor. Also giving access to the apartment's private entrance staircase.

Bedroom  Having a rear aspect double-glazed window.

Bathroom  Partially tiled bathroom with three piece-suite including a panelled bath, handwash basin and a low-level WC.

Bedroom  Located on the second floor. Having two front aspect double-glazed windows.

Bedroom  Located on the second floor. Having a rear aspect Velux window and a storage area.

To The Rear  Rear yard area with an original outbuilding and a garden shed with external staircase to the flat above.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Potential buyers are advised to recheck the measurements before committing to any expense. 5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.