Cross Street, Kingswood, Bristol

Guide Price £75,000 - For Sale

  • For Sale By Public Auction
  • Thursday 29th July 2021
  • Remote Online, Proxy & Telephone Auction
  • Legal Packs via our website

GUIDE PRICE: £75,000 - £85,000 An exciting opportunity to purchase a substantial detached garage/workshop of approximately 905 sq ft, situated in a quiet residential location in Kingswood. The property benefits from road frontage, 3 phase power and an up and over garage door providing vehicular access. The property previously benefited from planning consent for external alterations including raising the roofline to create a more modern workshop unit. There may also be scope for residential redevelopment, subject to obtaining the necessary planning consents.

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.

VIEWING -

By appointment

SUMMARY -

SUBSTANTIAL DETACHED GARAGE/WORKSHOP WITH POTENTIAL (APPROX. 905 SQ FT)

DESCRIPTION -

A detached single storey garage/workshop unit, situated in a predominantly residential location in Kingswood. The property has previously been used as a workshop/storage unit and provides spacious accommodation of approximately 905 sq ft, an up and over garage door with road frontage and dropped kerb and two further doors on the side elevation leading to a narrow strip of land. An ideal opportunity for those seeking a workshop or store that may also offer scope for residential redevelopment, subject to consents.

LOCATION -

The property is situated to the rear of 2 Cross Street in Kingswood, fronting Seymour Road. Easy access is provided to a wide range of shops and local amenities on Kingswood High Street and excellent transport links are provided to the City Centre and A4174 Ring Road.

PLANNING -

Planning consent was granted in October 2015 for alterations to the external of the building to include raising of roofline with a new pedestrian access and gate under Application No. PK15/3550/F (now lapsed). There were also planning applications in 2015 for residential redevelopment that were refused at the time. However, an alternative residential scheme may be suitable, subject to consents.

LOCAL AUTHORITY -

South Gloucester Council.

SERVICES -

The property benefits from a 3 phase electricity supply.

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.

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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.

Floorplan for Cross Street, Kingswood, Bristol