Auction House / Lincolnshire

  • For Sale By Unconditional Online Auction
  • Guide Price* : £125,000 - £145,000
  • Bidding Opens 31/03/2025 13:00

12 Leeming Street, Mansfield, Nottinghamshire, NG18 1NE

*ONLINE Unconditional Auction Opening 31 March 2025*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire

Description

Situation:
The property occupies a prime position in the heart of Mansfield town, being within the busy retail area of Leeming Street, leading into the market square. The area benefits from high footfall, and significant passing trade, whilst Mansfield itself it well served by the surrounding road network, and the cities of Sheffield, Nottingham, Derby and Leeds are within easy reach.

Description:
A wonderful, and rare opportunity to acquire this retail investment unit, in the heart of this busy town centre. The property boasts accommodation over 4 floors, and is currently occupied by an established tenant on a 12 year lease commencing on the 4th August 2014 at £17,000 per annum. This is a substantial unit with significant scope to further develop or utilise the space subject to planning and tenancy. Ideal for investors.

Accommodation:
Ground Floor:
Primary Retail Area and Kitchen
Café Area
Rear Storage and Preparation Area
WC

Lower Ground Floor
Cellar/Storage Areas

First Floor
Large Secondary Seating Area

Second Floor
2 Further Large Rooms
WC
Material Information
Tenure:
The property is freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.

Council Tax:
The property falls within Mansfield Council

Possession:
Subject to exisiting lease agreement.

Viewing:
Strictly by appointment with Auction House.

Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

Non-refundable £1,440 inc VAT payable on the fall of the virtual gavel.

Administration Charge

Non-refundable £1,440 inc VAT payable on the fall of the virtual gavel.

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* Guide | £125,000 - £145,000
  • Unconditional (Immediate Exchange)

Call the team on 01427 616436 for more information

Note

  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. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.