Property Information
Address:
12-14 , Church Road, Lawrence Hill, Bristol, BS5 9JA
, BS5 9JA
Price: Property no longer available.
Size: SOA
Primary Category: Office
All Categories:
Office,
Property Ref/Movehut: MH607053
Property Ref/Agent: 27967568/city-of-bristol/bristol/church-road-1
*Please use the agent ref when calling the agent directly.
Property description
Property Details
SOLD PRIOR. A substantial freehold investment property comprising two ground floor shop units, four 1 bedroom flats, a three storey unconverted outbuilding to the rear and a large basement/cellar.
The shops are each let producing £7,200 per annum and the flats and outbuilding are offered for sale with vacant possession.
A fantastic opportunity to purchase a potentially high-yielding investment with excellent transport links to the city centre.
FOR SALE BY AUCTION -
This property is due to be auctioned on the 26th July 2018 at The Grace Room, The Bristol Pavilion, County Ground, Nevil Road, Bishopston, Bristol at 7pm.
VIEWING -
SOLD PRIOR
SUMMARY -
SOLD PRIOR
DESCRIPTION -
A mid-terraced mixed-use investment property arranged as two ground floor retail units, four 1 bedroom flats, a three storey unconverted outbuilding and a large cellar/basement.
The property further benefits from an internal courtyard between the main building and the outbuilding.
LOCATION -
The property is situated in a prominent trading position on Church Road in Lawrence Hill.
Excellent transport links are provided to the city centre and the M32 via Easton Way.
ACCOMMODATION -
Please refer to floorplan for approximate room measurements and internal layout.
Ground Floor -
Comprising two self-contained retail units with their own toilet facilities, a central communal hallway providing access to the first and second floor flats and a partially covered internal courtyard which gives access to the rear outbuilding.
First Floor -
Comprising two self-contained 1 bedroom flats.
Second Floor -
Comprising two self-contained 1 bedroom flats.
Basement/Cellar -
Accessed via the communal hallway, the basement level spans the full width of the building underneath the two retail units.
Outbuilding -
To the rear of the main building and internal courtyard is a three storey outbuilding which offers potential for residential conversion, subject to obtaining the necessary planning consents.
TENURE/LEASE DETAILS -
The property is to be sold on a freehold basis subject to the leases of the ground floor shops.
Each shop is let producing £7,200 per annum (£14,400 per annum in total) and copies of the leases will be available in the legal pack.
The flats and rear outbuilding will be sold with vacant possession.
ENERGY PERFORMANCE CERTIFICATES -
Energy Ratings: TBC
SOLICITOR -
Mr S Soper
Powells Law
7-13 Oxford Street
Weston super Mare
North Somerset
BS23 1TE
Tel:
Email:
BUYERS 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 BIDDING -
If you are unable to attend the auction then you can submit a proxy bid. This will authorise a representative of Maggs & Allen to bid on your behalf up to a pre-set amount. The proxy bidding form 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 2 cheques (one for the 10% deposit and one for the buyer's premium of £1,200 inc VAT) is required by the auction department no later than 4pm on the day of the auction.
ATTENDING THE AUCTION -
If you are intending to bid and are successful, the following will be required:
* Proof of identity (valid passport or photo driving licence).
* Proof of address (bank statement, recent utility bill, council tax bill or tenancy agreement).
* 10% deposit payment.
* Buyer's premium payment.
* Details of your solicitor.
DEPOSIT & BUYER'S PREMIUM PAYMENTS -
Forms of acceptable payment:
* Cheque
* Bankers Draft
* Debit Card Payment
For card payments:
Please ensure that you advise your bank of the potential payment prior to the auction.
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Maggs & Allen use all reasonable endeavors 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.
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