An immaculate, large car showroom of approximately 6,778 sq ft with additional forecourt, yard and canopy. We would anticipate a current market rent of £60,000pa for the site in it's current condition. The property would suit a variety of other commercial uses and may offer potential for residential development, subject to consents. A superb opportunity for commercial investors and developers looking to acquire a site in a prominent position. 8 WEEK COMPLETION AVAILABLE
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 29th July 2021 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
SUBSTANTIAL CAR SHOWROOM IN PROMINENT TRADING POSITION
An extremely well-presented car showroom of approximately 6,778 sq ft in an ideal position on Badminston Road, Chipping Sodbury. The property is in excellent condition internally with space to comfortably present over 20 cars in the main showroom and forecourts to the front, side and rear offering further capacity. The property benefits from various sales offices on the ground floor and additional office and conference rooms on the first floor with eaves storage. The front forecourt offers excellent space to present stock with security bollards to the front and pavement lighting.
The property would be ideally suited as a car sales retailer however offers scope for various other uses, subject to consents. We would anticipate a market rent of approximately £60,000pa.
8 WEEK COMPLETION AVAILABLE
The property is located on Badminton Road in Chipping Sodbury, offering excellent access to Bristol via the A432 and also connecting to the Bath Road.
Please refer to floorplan for approximate room measurements and internal layout.
SHOW ROOM + FIRST FLOOR -
Comprising a main showroom, two WC's, a kitchenette, 3 sales office's and a store room on the ground floor with a main office, conference room with shower room/WC and eaves storage on the first floor.
Measuring approximately 5337 sq ft (596 sq m)
SIDE COVERED AREA -
A secure covered area to the side of the property providing vehicle access to the rear.
Measuring approximately 1648 sq ft (153 sq m)
Comprising a secure front forecourt with shared canopy, and rear forecourt.
The approximate measurements are as follows:
Front Forecourt - 4147 sq ft (385 sq m)
Canopy - 600 sq ft (55 sq m)
Rear Forecourt - 1264 sq ft (117 sq m)
Offered for sale on a freehold basis with vacant possession.
ENERGY PERFORMANCE CERTIFICATE -
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.
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.