Richmond Road, St George, Bristol

Guide Price £90,000 - For Sale

  • For Sale By Public Auction
  • Tuesday 3rd November 2020
  • Remote Online, Proxy & Telephone Auction
  • Legal Packs via our website

REMOTE BIDDING FORM

Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

A fantastic opportunity to purchase a substantial garage/workshop, situated in a popular residential location in St George. The property previously benefited from full planning consent for the erection of a new, 2-bedroom end of terrace house, which has since lapsed. An ideal opportunity for builders, developers or those seeking a workshop or live/work unit.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 3rd November 2020 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWING -

By appointment

SUMMARY -

3 NOVEMBER AUCTION - SUBSTANTIAL WORKSHOP - LAPSED PLANNING FOR 1 2-BED HOUSE

DESCRIPTION -

A substantial garage/workshop of approximately 880 sq ft with an additional mezzanine level. Planning consent was granted in 2014 for the demolition of the existing building and the erection of a new 2-bedroom end of terrace house. This planning consent has now lapsed but could be re-instated, subject to consents. The property may also suit a live/work unit, subject to planning approval.

LOCATION -

The property is situated on Richmond Road, a popular residential street in St George. Easy access is provided to a wide range of local amenities on Church Road and excellent transport links are provided to the city centre.

EXISTING ACCOMMODATION -

The existing property is arranged to provide a ground floor garage/workshop (approx. 880 sq ft) with secure roller shutter door to the front, shower and toilet facilities and a small rear courtyard. There is a full length mezzanine area providing additional floor area with limited height.

PLANNING -

Full planning consent was granted on 24 July 2014 for the demolition of the existing single storey structure, to enable the erection of an end of terrace two bedroom house with garden and associated works under Application No. 14/02003/F. This planning consent has since lapsed but could be re-submitted to the Council for renewal.

GROSS DEVELOPMENT VALUE (GDV) -

If planning consent is obtained for the same scheme as approved in July 2014, we would place the value of the finished house in the region of £320,000.

SOLICITOR -

Samantha Grimwood, Clarke Willmott
Telephone: 0345 209 1312
Email: samantha.grimwood@clarkewillmott.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, TELEPHONE & ONLINE REMOTE BIDDING -

The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which 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 a cheque/bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.

PRELIMINARY DEPOSITS -

The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:

£1,000 - £50,000: £2,000
£51,000 - £150,000: £5,000
£151,000 and above: £10,000

If your bid is successful, the balance of the deposit monies and Buyer's Premium (£1,200 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you.

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Maggs & Allen use all reasonable endeavours 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.