SOLD FOR £37,000
A wider than average single lock-up garage with up and over door and new roof, situated in a prime location adjacent to Redland train station. The garage is currently let producing £150 pcm (£1,800 per annum) but vacant possession can be obtained, subject to one months' notice. The property would be ideal for parking/storage and will be of interest to local residents and garage investors.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 13 October 2022 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
SOLD FOR £37,000 - LOCK-UP GARAGE IN PRIME LOCATION NEXT TO REDLAND TRAIN STATION
A wider than average single lock-up garage with up and over door and a recently replaced roof. The garage is situated in the affluent area of Redland, adjacent to Redland train station providing regular trains to Bristol city centre in 10 minutes. The garage is on the end of the rank (far right hand side) and would be ideal for secure storage/parking and will be of interest to local residents and garage investors.
Situated just off South Road and accessed via a private lane, the garage is ideally positioned to serve any of the large houses and flats in the local area. Redland is amongst the most sought after and coveted locations in the city and offers a mix of suburban convenience with open green spaces such as Durdham Downs. Excellent amenities on the nearby Gloucester Road and Whiteladies Road provide a wide range of supermarkets, shops, restaurants and pubs.
GARAGE DIMENSIONS -
4.97m (16'4") - length
2.79m (9'2") - width
TENANCY DETAILS -
The property is currently let on a licence agreement producing £150 pcm. Vacant possession can be obtained, subject to one month's notice.
Completion for this lot will be 4 weeks from exchange of contracts of sooner by mutual agreement.
SITE PLAN -
The site plan is provided for indicative purposes only, please refer to the title plan within the legal pack for confirmation of the site boundaries.
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,200 plus VAT (£1,440 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 (£1,440 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.