Wells Road, Knowle, Bristol

Guide Price £50,000 - For Sale

  • For Sale By Public Auction
  • Thursday 26th September 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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Property Details

SOLD FOR £55,000. An opportunity to purchase a parcel of land measuring approximately 804 sq ft that is currently occupied by two lock-up garages with an enclosed garden area above. The site is situated in a highly sought after residential location and offers potential for redevelopment, subject to obtaining the necessary planning consents. A speculative development opportunity in a fantastic location.

FOR SALE BY AUCTION -

This property is due to be auctioned on the 26th September 2019 at The Grace Room, The Bristol Pavilion, County Ground, Nevil Road, Bishopston, Bristol at 7pm.

VIEWING -

SOLD FOR £55,000

SUMMARY -

SOLD FOR £55,000

DESCRIPTION -

A speculative development opportunity comprising a parcel of land (approx. 804 sq ft) currently occupied by two lock-up garages with a garden area above. We suggest there is potential for the erection of a residential dwelling or the garages could be combined to create a larger workshop space, all subject to obtaining the necessary planning consents.

LOCATION -

The site is situated in a highly sought after residential location in Knowle, to the rear of 159 Wells Road and fronting Lilymead Avenue. A wide range of local amenities are available within close proximity on Wells Road and easy access is provided to the city centre and Bristol Temple Meads train station.

PLANNING HISTORY -

A planning application for the erection of a single storey bungalow on the site was refused in 2012 (Application No. 12/01571/F). However, we would suggest that the site may be suitable for an alternative scheme, subject to obtaining the necessary planning consents.

TENURE -

Understood to be freehold, please refer to legal pack for further information.

SOLICITOR -

Mr P Hogan, Henriques Griffiths
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.

*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.