LOT
4
Sold for £214,000
A prominently located commercial premises currently tenanted and trading as a successful Indian restaurant, generating an income of £17,500 pae. The restaurant has 60 covers with bar area, commercial kitchen and storage areas, with two bedroom staff accommodation above. To the rear of the property is a kitchen garden area with storage facility, a large car park and outbuilding, offering the potential for further development, subject to any requisite consents, upon which interested parties must make and rely upon their own planning enquiries of South Somerset District Council.
Henstridge has a shop/post office, primary school, church, village hall, restaurant and two pubs. The local economy is centred around a range of local businesses, some within the village and others on the Marsh Lane trading estate and local airfield. Templecombe railway station is approximately 3.2km to the north with regular services to Exeter, Yeovil and London Waterloo. There are regular bus services running half hourly to Wincanton and Yeovil. Sherborne, Wincanton (and the A303), Gillingham and Shaftesbury are all circa 10 miles as the crow flies and Yeovil 12 miles.
Entrance hall, restaurant and bar area, public and staff wc's, commercial kitchen and storage area.
Accessed externally landing, shower room and two bedrooms.
Large car parking area with detached outbuilding, kitchen garden with additional storage facility.
Non Domestic Energy Efficiency Rating - C
Wendy Alexander
Strictly by prior appointment with Palmer Snell Wincanton 01963 34174. General enquiries Countrywide Property Auctions 01395 275691.
GUIDE PRICES & RESERVE PRICES
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
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.
The Indiana Restaurant, Shaftesbury Road, Henstridge, Somerset BA8 0PP
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An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
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.
A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.
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