Telephone: 0117 973 4940
This property is due to be auctioned on the 25th September 2018 at The Grace Room, The Bristol Pavilion, County Ground, Nevil Road, Bishopston, Bristol at 7pm.
COMMERCIAL INVESTMENT/DEVELOPMENT OPPORTUNITY
A pair of adjoining commercial properties comprising two ground floor shops with ancillary accommodation on the first floor offering development potential, subject to consents. A potentially high-yielding commercial investment with potential to add value through the conversion of the upper floors.
The properties are situated in a prominent trading position on Church Road on the corner of Barnes Street. Excellent transport links are provided to the City Centre and M32. Other notable occupiers in the vicinity include Tesco Metro, Aldi, William Hill and a wide range of independent retailers and cafes.
Please refer to floor plan for approximate room measurements and internal layout of the ground floor. We were unable to gain access to the first floor at the time of inspection.
Comprising a ground floor barbers shop with additional storage and toilet facilities and access to the vacant ancillary accommodation on the first floor of both properties. This shop is let on a 3 year lease from February 2018 at a rent of Â£6,000 pa.
Currently trading as a pet shop with additional storage and toilet facilities, this shop will be sold with vacant possession upon completion. Please note that access to the first floor is currently via a hatch within 156 Church Road.
156 Church Road - G.
158 Church Road - D.
Ms K Bartlett
6-8 Fountain Court
Bradley Stoke BS32 4LA
Tel: 01454 204 880
Please be advised that all purchasers are subject to a Â£1,000 plus VAT (Â£1,200 inc VAT) buyer's premium payable upon exchange of contracts.
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
If you are unable to attend the auction then you can submit a proxy bid. This will authorise a representative of Maggs & Allen to bid on your behalf up to a pre-set amount. The proxy bidding form is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and 2 cheques (one for the 10% deposit and one for the buyer's premium of Â£1,200 inc VAT) is required by the auction department no later than 4pm on the day of the auction.
If you are intending to bid and are successful, the following will be required:
* Proof of identity (valid passport or photo driving licence).
* Proof of address (bank statement, recent utility bill, council tax bill or tenancy agreement).
* 10% deposit payment.
* Buyer's premium payment.
* Details of your solicitor.
Forms of acceptable payment:
* Bankers Draft
* Debit Card Payment
For card payments:
Please ensure that you advise your bank of the potential payment prior to the auction.
Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.