LOT
10
Sold Prior
A mixed investment opportunity to acquire a mid terrace leasehold premises situated in the heart of Southmead, comprising of a currently vacant commercial premises on the ground floor, with a two bedroom maisonette above with a courtyard garden area, which is currently let on a rolling AST and generating an income of £6,200 pae.
The property is situated within an established retail parade, amongst a variety of multiples including Lloyds pharmacy, McColls, Greggs, Iceland, Pizza Hut and Aldi, along with a host of local traders serving the surround residential area. Southmead is a suburb of Bristol and enjoys excellent road links to the M32 and A4, linking to the M4 & M5 respectively.
Vacant retail premises comprising of two retail zones, internal storage area, office and kitchen area.
First Floor: Entrance hall, kitchen and sitting room.
Second Floor: Landing, two bedrooms and bathroom.
Outside: Courtyard style garden area.
Please refer to the legal pack regarding length and conditions of the lease.
An internal inspection of the maisonette has not been carried out.
None Domestic Energy Efficiency Rating - C
10A Energy Efficiency Rating - D
Wendy Alexander
Strictly by prior appointment only with Chappell & Matthews 0117 973 8734. 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.
10 & 10a Arnside Road, Bristol BS10 6AT
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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.
You will also pay a Buyers Administration Charge, to the auctioneers of 1.35%+VAT of the purchase price subject to a minimum fee of £1,800 + VAT (unless otherwise stated in the property description in the catalogue or addendum).
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).
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