49 Watson Road, Worksop, Nottinghamshire, S80 2BA

  • Unconditional Online Auction Sale
  • Guide Price * : £91,000 Plus fees
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Sold for £100,000

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FOR SALE BY UNCONDITIONAL ONLINE AUCTION.
On behalf of Alexander Jacob Ltd


  • Ground Floor Former Cafe
  • Three Good Sized Bedrooms over Two Floors
  • Potential HMO Investment
  • Parking to Rear
  • EPC Rating: E

Property Description

FOR SALE BY UNCONDITIONAL ONLINE AUCTION.
On behalf of Alexander Jacob Ltd


Retail Unit with Accommodation

An Opportunity to complete the already expansive renovation of this property which once completed would provide retail Space to the Ground Floor that has been used as a cafe in previous years. To the 1st and 2nd Floors are a total of Three Good Sized bedrooms that would be ideal for a HMO investment. Most of the works for the rooms have been completed to a high standard.

The seller informs us that the car park which is included in the sale generates nearly £400pcm in rental

Viewing is Essential to appreciate what a great investment this property would provide.


Entrance Hall: 15’1” x 4’1”

Door leading into the property, wood effect laminated flooring, stairs leading to first floor accommodation and door leading into:


Room One: 30’4” into bay window x 14’3”

With wall and base units with work tops, sink and drainer, space and plumbing in place for appliances and for a new fitted kitchen, front facing window, tiled flooring, newly fitted lights, two central heating radiators, door leading out to the rear porch.


Room Two: 12’7” x 11’1”

Two side facing windows, tiled flooring, ceiling lights and door leading into:


Kitchen: 5’3” x 11’1”

With base units with work surface, stainless steel sink and drainer with mixer tap, splash back tiles, wall mounted Combi boiler, tiled flooring, ceiling light and door leading into the rear porch


Rear Porch

Side facing windows, tiled flooring, double doors leading out to the rear and door leading into


WC

Low level wc and wash hand basin


First Floor Landing:

Stairs leading to second flooring accommodation, ceiling lights and giving access into:


Room One: 14’3” x 14’2”

Front facing window and double panel central heating radiator


Room Three: 13’2” x 13’0”

Feature fireplace, rear facing window, down lights and double panel central heating radiator


Room Four: 12’6” x 11’2”

Side facing window, wall mounted Combi boiler, ceiling lights and door leading into


Room Five: 5’1” x 11’2”

Rear facing window, double panel central heating radiator, and plumbing in place for a shower room


Second Floor Landing:

Giving access into


Room One: 22’0” x 12’1”

Front facing sky light, built in storage cupboard space, double panel central heating radiator and window which leads out to the fire exist


Room Two: 10’9” x 7’1”

Side facing sky light, down lights, double panel central heating radiator and plumbing for shower room.


Outside:

Having allocated parking space to the rear of the property


Tenure
See Legal Pack

Legal Pack

The legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.


*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a 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 which is available to download on our SDL Auctions website.


Online Auction Registration

Every online bidder on SDL Auctions must first create an account on the online section of the SDL Auctions website - sdlauctions.co.uk/property-auctions/online/

This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction ‘Terms and Conditions’. Once you have done this you will be able to search, ‘watch’ lots and download legal documents.

After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.

In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.


Unconditional Online Auction Procedure

If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. At the end of the auction, you are charged 5% deposit (subject to a minimum fee of £5000) and exchange of contracts takes place. The deposit contributes towards the purchase price. By placing a bid, you are authorising the auctioneer to sign the auction contract on your behalf.

The sale of each Lot is subject to a Buyers Fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you £6,000 (using the payment details provided at the registration stage) if you are the successful bidder, as a payment towards the Buyers Fee and deposit. You will be required to pay any outstanding amounts (minimum of £5,000) immediately after the end of the auction, which can be paid by debit card or bank transfer.

Full terms and conditions are available on the SDL Auctions website - sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf


Joint Agent

Alexander Jacob Ltd



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