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Commercial property for sale

186, Wells Road, Knowle, Bristol

£450,000

Property Description

Key features

  • For Sale By Auction
  • Www.Hollismorgan.Co.Uk
  • 0117 973 65 65
  • Post@Hollismorgan.Co.Uk
  • Now Taking Lots May
  • Download Catalogue
  • March 28th 2012
  • All Saints Clifton

Full description

Hollis Morgan Auction - A pair of large semi detached houses with full planning for conversion into 7 flats, a 2 bedroom house and ground floor commercial unit

For Sale By Auction

*** WITHDRAWN ***
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00.

Viewings

Viewings by apppointment with Hollis Morgan
Hollis Morgan would be grateful if you could arrive promptly to inspect the properties during the specified times and allow a minimum of 15 minutes to view. If you are unable to make any of the set viewing times please contact the office and where possible we will arrange individual appointments.
Please note there will be NO SET VIEWINGS on the day of the auction - viewings only available by appointment.

Legal Packs

Adams-Remers LLP
Mr Philip Rowland
Trinity House
School Hill
Lewes
Sussex
BN7 2NN
Tel: 01273 480616
Fax: 01273 480618
DX 3100 Lewes1
philip.rowland@adams-remers.co.uk

Online Legal Packs

Please visit our website www.hollismorgan.co.uk and follow the RED links Download Legal Packs
For the first visit you will be required to register simply with your email and a password.
Having set up you account you can download legal packs or register to receive them if not yet available. You will also automatically be updated if any new information is added.

The Property

A pair of large Victorian semi detached properties, believed to be a former vicarage, currently arranged as a large ground floor retails unit, 1,400 sq ft, and advertised for 17,500 per annum. The upper floors comprise a four / five bedroom maisonette which has been let to the same tenant for the previous 15 years on an AST basis but will be sold with vacant possession. PLUS potential building plot / parking.

Parking

Four off street parking spaces to the front of the property.

Additional Land

We understand the property also includes a small parcel of land to the rear (right hand side of number 3 cemetery road). There has a been a separate development of modern properties adjacent to this and whilst it does not benefit from any planning this may have some long term potential.

Location

The property occupies a prominent road side position on Wells Road which runs south out of Bristol's City Centre. The property is situated approximately 1 km from Bristol Temple Meads train station which offers a direct train service to London and other major cities in the country. The A4 Bath Road lies a short distance to the North.

Planning Permission

The property now benefits from full planning permission to convert the upper floors and rear section of the building into Seven 1 and 2 bedroom flats and a 2 bedroom house.

Planning Details

Decision : GRANTED subject to condition(s)
APPLICATION NUMBER; 11/01726/F
Type of application: Full Planning
Site address: 186 Wells Road, Totterdown, Bristol, BS4 2AL
DESCRIPTION OF DEVELOPMENT: Conversion of upper maisonette into 4 no 1 and 2
bedroom flats. With associated roofworks. Demolition of
rear storage extension and the erection of 1no 2 bed
house and 3 no 2 bed flats.
Committee/delegation date: 01.08.11

Plans

Full plans including existing and proposed elevations are available to download with the auction legal pack.

Gross Development Value

Local Estate Agents Greenwoods have provided a breakdown of the re sale value of the individual flats as well as potential rental values. Full report is available to download with the legal pack.

Potential Sales Value

The total value of the development (excluding the commercial unit) will be circa

Potential Rental Value

The total rental income for the development (excluding commercial unit) will be circa

Greenwoods Estate Agents

Mr Phil Marsh
148a Wells Road
Knowle
Bristol
BS4 2AG
0117 977 7672
phil.marsh@greenwoodsproperty.co.uk

Retail Unit

We understand the retail unit is currently being marketed by Hootons on the following terms;
ACCOMMODATION
The approximate net internal area is as follows: Sales area 130.06 sq m (1,400 sq ft)
PROPOSAL
The shop is available by way of a new effectively full repairing and insuring lease for a term to be agreed.
RENTAL
17,500 per annum exclusive.
Please refer to legal pack for a copy of the sales particulars.

Works To Retail Unit

Please download the details of the Enabling works' carried out in 2011 by Cennett (sound proofing the shop etc) from the auction legal pack.

Hootons

Hootons
Howard House,
199A Whiteladies Road,
Clifton,
Bristol
BS8 2SB
Tel: 0117 933 9915
Fax: 0117 973 7301

Tenure

Freehold

Buyers Premium

Please be aware all purchasers are subject to a 250 + VAT buyers premium payable upon exchange of contracts.

Charity Of The Year

Hollis Morgan are supporting St Peters Hospice as the 2012 Charity of the year. We are delighted to announce than 10% of every buyers premium will be donated to this excellent local charity. For further details on their outstanding work in the community please visit www.stpetershospice.org.uk.

Buyers Guide To Auction

Available to download via our purpose built property website www.hollismorgan.co.uk

Auction Finance

Some properties may require specialist auction finance- please contact Hollis Morgan for access to expert advice and whole of market rates.

The Property Misdescriptions Act 1991
Although we endeavour to ensure the accuracy of property details produced and displayed, we have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are connected, in working order or fit for the purpose. Neither have we had sight of the legal documents to verify the Freehold or Leasehold status of any property. A Buyer is advised to obtain verification from their solicitor and/or surveyor. A Buyer must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Room measurements should not be relied upon for carpets and curtains. References to the Tenure of a Property and Management Company Details are based on information supplied by the Seller. The Agent has not had sight of the title documents. A buyer is advised to obtain verification from their solicitor.


More information from this agent

To view this property or request more details, contact:

Hollis Morgan, Clifton

9 Waterloo Street, Clifton, Bristol, BS8 4BT

0117 407 2247 Local call rate

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Disclaimer

Property reference 1110311A_10311. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hollis Morgan, Clifton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.