172 St Johns Lane, Bedminster, Bristol, BS3 5AR

Guide Price £150,000 - For Sale By Auction - LOT 29

TWO STOREY COMMERCIAL PROPERTY WITH POTENTIAL FOR CONVERSION

  • For Sale By Public Auction
  • Tuesday 18th June 2019
  • County Cricket Ground, Bishopston BS7 9EJ
  • Legal Packs via our website

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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The above is offered for indicative purposes only and should not be relied upon. Rates will vary lender to lender and subject to the customer’s specific circumstances. Fee’s may also apply.

Property Details

A freehold two storey end of terrace property arranged as a ground floor shop of approximately 800sqft with additional first floor ancillary storage of approximately 575sqft. The property offers potential for conversion to residential accommodation subject to obtaining necessary consents. Situated in a predominantly residential position on St Johns Lane in Bedminster, offered for sale with vacant possession.

FOR SALE BY AUCTION -

This property is due to be auctioned on the 18th June 2019 at The Grace Room, The Bristol Pavilion, County Ground, Nevil Road, Bishopston, Bristol at 7pm.

VIEWING -

Tuesdays & Thursdays 10.00am - 10.30am

SUMMARY -

TWO STOREY COMMERCIAL PROPERTY WITH POTENTIAL FOR CONVERSION

DESCRIPTION -

A fantastic opportunity to purchase an end of terrace period property offering potential for conversion to a house or 2 flats, subject to obtaining necessary planning consents. Currently arranged as a shop with first floor ancillary accommodation, the property is situated in a popular residential location within close proximity to Victoria Park and Bristol Temple Meads train station. This property offers great scope for builders, developers and investors.

LOCATION -

Situated in a prominent position on St Johns Lane linking Bedminster with Victoria Park and within close proximity to Totterdown.

ACCOMMODATION -

Please refer to floor plan for approximate room measurements and internal layout.

GROUND FLOOR -

Comprising an extended ground floor shop with rear access.

FIRST FLOOR -

Comprising two ancillary storage rooms, WC and kitchen.

ADVERTISING HOARDING -

In addition there is an advertising hoarding to the side elevation which which is let to Primesight Limited for a term of 5 years from 01/04/2016 at a rent of £600 per annum.

ENERGY PERFORMANCE CERTIFICATE -

Rating: E

SOLICITOR -

Mr P Hogan
Henriques Griffiths
18 Portland Square
Bristol BS2 8SJ
Tel: 0117 909 8451
Email: phogan@henriquesgriffiths.com

BUYER'S PREMIUM -

Please be advised that all purchasers are subject to a £1,000 plus VAT (£1,200 inc VAT) buyer's premium payable upon exchange of contracts.

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*GUIDE PRICE -

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.

RESERVE PRICE -

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.

PROXY BIDDING -

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 £1,200 inc VAT) is required by the auction department no later than 4pm on the day of the auction.

ATTENDING 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.

DEPOSIT & BUYER'S PREMIUM PAYMENTS -

Forms of acceptable payment:

* Cheque
* Bankers Draft
* Debit Card Payment

For card payments:
Please ensure that you advise your bank of the potential payment prior to the auction.

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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.