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Industrial Park for sale

Coachgap Lane Industrial Park, Langar, NG13 9HP

Sold STC 7.5 ac. | £200,000

Property Description

Commercial information

  • 7.5 acres (3 hectares)

Full description

Tenure: Freehold

For Sale by Public Auction on Thursday 20th October 2016 at 2.30pm (unless sold prior or withdrawn)
Coach Gap Lane Industrial Park
Coach Gap Lane
Langar
Nottinghamshire

Freehold Industrial Ground Rent Investment

Guide Price: 200,000 - 240,000

Tenure
Freehold, subject to occupational leases

Description
The property is situated within an established industrial location on the outskirts of the village of Langar at the northern end of the Vale of Belvoir, close to the A46 and A52 Trunk Roads.
The property comprises a site extending to approximately 3.047 hectares (7.53 acres), subject to nine long leasehold interests of varying lengths.
There are nine long leaseholds with a range of industrial buildings and one vacant, cleared site.
Producing an income of 10,250 with potential for further income from the vacant site.

Tenancy Schedule*

Please see attached.

* Tenancy Schedule correct at time of going to print and produced to the best of our knowledge. Potential purchasers are advised to make their own enquiries.



Solicitors
Freeths
Cumberland Court
Nottingham
NG1 6HH
Contact: Maxine Chenoweth
T: 0845 128 7961

VAT
VAT is not applicable on this property.

EPC Rating
Refer to legal pack.

Viewings
Viewing strictly by prior appointment. Please contact Jo Pearson on 0115 934 8024.

Note
Purchasers are to be made aware that an additional charge is to be collected on completion by the sellers to cover the costs incurred in the selling of the property. Details are contained within the legal pack.
Note
Savills have not undertaken a full inspection of the property as at the date of producing the catalogue. Interested parties are advised to make their own enquiries and to verify the information which is provided for guidance purposes only.

Ref: VK/JP

Guide Prices
Please note that guide prices either quoted or available separately should not be relied upon to reflect the value of the individual properties. They are indicative only and are subject to variation during the period of marketing the property. Eventual sales prices can be above as well as below guide prices quoted, with the final sales price dependent upon demand and completion during the Auction marketing period.


More information from this agent

Map & Street View

Disclaimer - Property reference CoachGap20Oct16. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Nottingham Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills, Nottingham Auctions on 0115 934 8080.


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