Lot 240 - This lot is for sale by auction as lot 240 on Thursday 14th February 2019.
Four Leasehold Self-Contained Flats. Each Flat subject to an Assured Shorthold Tenancy. To be offered Collectively
Total Current Gross Rent Reserved
£25,020 per annum (equivalent)
Tenure
Leasehold. Each flat is held on a lease for a term of 99 years from 1st June 2012 (thus having approximately 92 years unexpired). Please refer to the legal documentation for further information.
Location
The property is located on the south side of Stockwell Gate, to the west of its junction with Rosemary Street. A good selection of shops and amenities is available in Mansfield town centre, with retail outlets including Marks & Spencer, Dorothy Perkins and Debenhams. A large indoor shopping centre known as Four Seasons houses over 50 retailers, whilst Mansfield is also a market town with a 700 year old market tradition. Mansfield Rail Station affords regular services to Nottingham. The A60, A38 and M1 Motorway (Junction 28) are within reach. Mansfield Community Hospital is to the west and the River Maun is to the south.
Description
The property comprises four self-contained flats situated within a detached purpose built block. The four flats will be offered collectively.
Accommodation and Tenancies
A schedule of Accommodation and Tenancies is set out below.
Seller’s Solicitor
David Morgan Jones Solicitors (Ref: Ms N Cannell).Tel: Email: Ncannell@davidmorganjones.Co.Uk
Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.
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