An exciting opportunity to purchase a freehold period property located on the corner of Etloe Road & Queen Victoria Road in Westbury Park. The property comprises a ground floor commercial unit along with a rear two storey annexe measuring approximately 1,400 sq ft in total. The former shop is arranged as a front reception area with three adjoining offices, large workshop, garage & WC. There is also a rear two storey annexe arranged as a ground floor kitchen unit with further office space on the first floor. The size and location of the property present an excellent residential development opportunity, subject to consents. 8 WEEK COMPLETION AVAILABLE
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 9th December 2021 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
FREEHOLD DEVELOPMENT OPPORTUNITY - GROUND FLOOR RETAIL UNIT & TWO STOREY REAR ANNEXE
An exciting freehold development opportunity comprising a ground floor former retail unit with a two storey annexe and garden to the rear. The existing accommodation comprises a front reception area, three adjoining offices, a large workshop, garage & WC. To the rear is a two storey annexe arranged as a ground floor kitchen with further office space on the first floor.
The whole property measures approximately 1,400 sq ft and offers potential for conversion to residential accommodation, subject to obtaining the necessary planning consents.
Please note that the first floor flat has been sold off on a long leasehold basis and is not included in the sale.
8 WEEK COMPLETION AVAILABLE
The property is situated in a prominent position on the corner of Etloe Road and Queen Victoria Road in Westbury Park. A wide range of local amenities are within walking distance on North View & Henleaze Road. Durdham Downs are also within easy reach.
Please refer to floor plan for approximate room measurements and internal layout.
GROUND FLOOR RETAIL UNIT -
Comprising a shop with three separate office spaces along with a workshop and garage.
REAR ANNEXE -
To the rear of the main building is a two storey annexe, which is arranged as a kitchen/utility room on the ground floor with office space on the first floor.
The property benefits from a generous rear garden.
FLOOR PLAN -
Please refer to floor plan for approximate internal layout. Due to the irregular dimensions of the property the floor plan should be used for indicative purposes only.
The property is offered for sale on a freehold basis, however this excludes the first floor flat which has been sold off on a 999 year lease.
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.