SOLD FOR £156,500 - A exciting opportunity to purchase a 3-storey freehold property, situated in a prominent position on Church Road in Redfield. In need of complete renovation, 138 Church Road offers excellent scope to add value and would suit continued commercial use as well as offering scope for residential conversation subject to consents. An ideal opportunity for investors and developers.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 14th September at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
SOLD FOR £156,500 - 3-STOREY FREEHOLD PROPERTY IN NEED OF RENOVATION
DESCRIPTION -
A exciting opportunity to purchase a 3-storey freehold property, situated in a prominent position on Church Road in Redfield. In need of complete renovation, 138 Church Road offers excellent scope to add value and would suit continued commercial use as well as offering scope for residential conversation subject to consents. An ideal opportunity for investors and developers.
LOCATION -
Situated in a prominent position on Church Road in Redfield, providing easy access to Bristol city centre.
ACCOMMODATION -
Please refer to floorplan for approximate room measurements and internal layout.
GROUND FLOOR -
Comprising a large retail space, kitchen and WC.
FIRST FLOOR -
Comprising two large ancillary rooms.
SECOND FLOOR -
Comprising a further storage room.
TENURE -
The property is to be sold on a freehold basis, please refer to the legal pack for confirmation.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: C
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,250 plus VAT (£1,500 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 bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
PRELIMINARY DEPOSIT -
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 (£1,500 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.
