For Sale By Auction | 12:00, 12 September 2017 | Lot 35

The Old Galaxy Cinema, Derby Road, Long Eaton, Nottingham, Nottinghamshire, NG10 1LU

*Guide | £295,000+ (plus fees)

  • Residential Development
  • 72 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 12/09/2017

Auction Time

12:00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Vacant Cinema Offered with Potential for Redevelopment with a Development Scheme in Place to Provide Two Retail Units to the Ground Floor with 22 x One Bedroom Flats and 25 x Two Bedroom Flats Over the Five Upper Floors (subject to obtaining all relevant consents).

The property comprises a mid terrace cinema arranged over ground and two upper floors. Existing Accommodation Ground Floor Three Screen Cinema Ancillary Storage Areas First Floor Floor Space - Not Inspected Second Floor Floor Space - Not Inspected

Tenure

Freehold

Location

The property is occupies a a prominent position on Darby road amongst other local shops and amenities. The open spaces of West Park are within easy reach. Transport links are provided by both Long Eaton rail and Attenborough rail stations.

Overflow

Proposed Accommodation Ground Floor Retail Unit 1 (86.3 sq m) Retail Unit 2 (318.2 sq m) First Floor 5 x 1 Bedroom Flats 5 x 2 Bedroom Flats Second Floor 5 x 1 Bedroom Flats 5 x 2 Bedroom Flats Third Floor 5 x 1 Bedroom Flats 5 x 2 Bedroom Flats Fourth Floor 6 x 1 Bedroom Flats 4 x 2 Bedroom Flats Fifth Floor 1 x 1 Bedroom Flat 6 x 2 Bedroom Flats

Viewing Details

No viewings available. Please contact Charles Thomas at charles@auctionhouselondon.co.uk / 0207 625 9007

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.