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3 bedroom commercial property for sale

MIXED USE FREEHOLD FOR UPDATING

Sold STC £250,000

Property Description

Key features

  • For Sale By Public Auction
  • Wednesday 29th November
  • All Saints Church, Clifton, BS8 2HY
  • Weekly Set Viewings
  • Download Online Legal Packs
  • FREEHOLD GEORGIAN PROPERTY
  • CURRENTLY PUBLIC HOUSE + ROOMS
  • SCOPE FOR FAMILY HOME
  • POTENTIAL FLAT CONVERSION / HMO
  • SOLD WITH VACANT POSSESSION

Full description

Hollis Morgan NOVEMBER AUCTION - A Freehold MIXED USE Georgian property ( 1967 Sq Ft ) arranged as Public House with RESIDENTIAL ancillary accommodation above - NOW IN NEED OF UPDATING.

For Sale By Auction - *** STILL AVAILABLE - PLEASE CONTACT NICK HEAL 0117 973 65 65 ***

LOT NUMBER 37
Wednesday 29th November
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

Extra Garden Now Included - Please note updated site map - extra garden now included with Duke of Sussex.
Refer to legal pack.

Extended Completion - Completion is set for 24th January 2018 or earlier subject to mutual consent.

Viewing - BY APPOINTMENT WITH NICK HEAL - 0117 973 65 65

Solicitors - Jonathan Wilson
Gregg Latchams
0117 906 9413
jonathan.wilson@gregglatchams.com
7 Queen Square, Bristol BS1 4JE

Online Legal Packs - Digital Copies of the Online legal pack can be downloaded Free of Charge.
Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List.
Follow the RED link to "Download Legal Packs" For the first visit you will be required to register simply with your email and a password.
Having set up your account you can download legal packs or if they are not yet available they will automatically be sent to you when we receive them.
You will be automatically updated by email if any new information is added.
*** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot in the build up to the sale.

The Property - A Freehold mid terraced Georgian property that has been converted into a public house with accompanying facilities on the ground floor and a further two floors of residential accommodation above.
Sold with vacant possession and tandem off street parking space at the front of the property and pedestrian access at the rear.

Location - This imposing Freehold property occupies a prominent position on the boarder with Montpelier and St Pauls. Nearby Lower Ashley Road is the main road leading from the M32 into the boroughs of St Pauls, St. Werburghs and Montpellier. As such, the property is less than 500 meters from the M32, which in turn provides direct access to the M4 and M5. The City Centre is within one mile, and the vibrant Gloucester Road, and Stokes Croft with its range of bars and cafes, are in close walking distance.

The Opportunity - CHANGE OF USE

The property would suit conversion to residential premises subject to change of use.

RESIDENTIAL CONVERSION - FAMILY HOME OR FLATS

The property now requires modernisation but has scope to create a large 4 + bedroom family home or conversion to flats in this highly sought after central location.

HMO / INVESTMENT

There is scope to create a student or HMO investment property subject to consents.

Epc - For full details of the EPC please refer to the online legal pack.

Buyer's Premium - Please be aware all purchasers are subject to a £750 + VAT (£900 inc VAT) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.

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.

Pre Auction Offers - Some properties may be available to buy prior to the auction. Pre auction offers can be only submitted by completing the OFFER FORM which can be downloaded with the online legal pack - please email the COMPLETED form to – olly@hollismorgan.co.uk. Please note offers will not be considered until you have VIEWED the property and the COMPLETE LEGAL PACK has been released. In the event of an offer being accepted the property will only be removed from the auction and viewings stopped once contracts have successfully EXCHANGED subject to the standard auction terms and payment of the buyer’s premium ( £1,200 ) to Hollis Morgan. Contracts can be signed either via the solicitors or at the Hollis Morgan offices subject to appointment.

Surveys And Valuations - If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton.

Bidding At The Auction - This property is for sale by public auction and if you intend to bid please bring the following:

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.
Buyers premium payment.
Details of your solicitor.

Paying The Deposit & Buyers Premium - We can only accept the following at the auction:

Personal or Company Cheque
Bankers Draft
Debit Card ( NOT CREDIT CARD )

Telephone And Proxy Bidding - If you cannot attend the auction (although we strongly advise you do) you can make a TELEPHONE or PROXY BID. This authorises the auctioneer to bid on your behalf up to a pre-set limit. Forms and relevant conditions are available to download with the online legal pack. A completed form, ID and two cheques (one for the 10% deposit and one for the Buyer's Administration Fee of £1,200) are required by the Auction Department at least two full working days before the auction.

Auction Buyers Guide Video - We have short video guides for both buying and selling by Public Auction on the Hollis Morgan Website. If you have any further questions regarding the process please don’t hesitate to contact Auction HQ.

Testimonials - We are very proud of what our past clients have say about us - please visit the Hollis Morgan website to read their testimonials.

Charity Of The Year - Hollis Morgan are supporting Bristol based “ Life for a Cure” as our 2017 Charity of the year which aims ‘a LIFE for a CURE’, to raise funds in support of finding the ‘Ultimate Vaccine’ for Meningitis B. We are delighted to announce that 5 % of every buyer’s premium will be donated to ‘a Life for a Cure’ which was founded as both a legacy to Ryan and to help raise awareness and valuable funds in search of the ultimate vaccine. This Bristol charity run purely on a voluntary basis is simply about working together to stop other amazing young lives being lost to meningitis. - to learn more about Ryans Story and this fantastic cause please visit there website. www.ryanbresnahan.org/ In 2016 we raised £4,000 for Bristol based housing charity “Home Start” to learn more visit the charity section of our website - www.hollismorgan.co.uk/charity/


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Disclaimer - Property reference 27317897. 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 - Commercial, Land, Development and Investment. 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.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hollis Morgan, Clifton - Commercial, Land, Development and Investment on 0117 973 6565.


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