Stillhouse Lane, Bedminster, Bristol BS3 4EB

Guide Price £235,000 - For Sale

  • For Sale By Public Auction
  • Thursday 18th February 2021
  • 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

REDEVELOPMENT OPPORTUNITY A two storey mixed-use premises that is currently arranged to provide a ground floor workshop with a 2/3 bedroom flat above and an additional large single storey garage/workshop to the side. The property offers excellent scope for redevelopment and plans have been produced for the demolition of the existing buildings and the erection of a new three storey building comprising three flats. The immediate area has undergone significant redevelopment in recent years and this is one of the few remaining sites still in a commercial use. A superb opportunity for builders, developers and investors.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 18th February 2021 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWING -

By appointment

SUMMARY -

MIXED-USE BUILDING WITH HUGE POTENTIAL FOR REDEVELOPMENT

DESCRIPTION -

A mixed-use property that is currently arranged to provide a workshop/store on the ground floor, a 2/3 bedroom flat in need of refurbishment on the first floor and an additional and extensive single storey garage/workshop to the side. The property offers potential for demolition and the erection of a new block of flats and plans have been produced for such a scheme comprising three flats (1 x 1-bed maisonette, 1 x 2-bed maisonette and 1 x 3-bed flat). There is also great potential to create a live/work unit, subject to consents.

LOCATION -

The property is situated on Stillhouse Lane in Bedminster and provides easy access to the city centre as well as a range of local amenities on Bedminster Parade and West Street. The majority of similar buildings on Stillhouse Lane have been demolished and replaced with modern blocks of flats, which sets an excellent precedent for redevelopment.

ACCOMMODATION -

Please refer to floorplan for approximate room measurements and internal layout.

GROUND FLOOR -

Comprising a main workshop with additional rear store, a sizeable single storey garage/workshop and stairs to the first floor flat.

FIRST FLOOR -

Comprising 2/3 bedrooms, a kitchen/diner and bathroom.

PLANNING -

Although no formal planning applications have been submitted, plans have been produced for a scheme to demolish the existing buildings and erect a three storey building comprising three self-contained flats (1 x 1-bed maisonette, 1 x 2-bed maisonette and 1 x 3-bed flat).

LOCAL AUTHORITY -

Bristol City Council.

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Rating: G

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.