This property is due to be auctioned on the 24th February 2020 at The Grace Room, The Bristol Pavilion, County Ground, Nevil Road, Bishopston, Bristol at 7pm.
ONE DOUBLE BEDROOM APARTMENT IN THE CENTRE OF BRISTOL
A well-presented first floor one double bedroom apartment located on Denmark Street in the centre of Bristol, just a short walk from the bars, restaurants and amenities on the Harbourside and nearby Park Street. The property is ideally suited to those working in the city centre or as an investment opportunity. The property is for sale with vacant possession although we would anticipate achieving a rental income in the region of £800 per calendar month.
Ideally located on Denmark Street in the city centre with many local amenities on your doorstep including Park Street and St Nicholas Market. Easy access is provided out of the city by several main arterial roads.
Please refer to floorplan for approximate room measurements and internal layout.
The property is arranged in an L-shape with an open-plan living/dining area with a modern fully fitted kitchen, one double bedroom, separate bathroom and storage cupboard.
The property is for sale on the residue of a 999 year lease dated 17 August 2010 registered under Title Number BL123295.
Tenants proportion: 11% or such other percentage as the Landlord may notify the tenant from time to time.
The ground rent payable is £100 per annum.
Ms B Kim, Stirling Ackroyd Legal
Tel: 0207 199 8942
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 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 £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.