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SOLD STC

Wine Street, Devizes

Key features

  • For Sale By Online Auction
  • Thursday 15th February 2024
  • Lot 22
  • Guide Price £150,000+

Description

LOT 22
FOR SALE BY ONLINE AUCTION
THURSDAY 15TH FEBRUARY 2024
GUIDE PRICE £150,000+

Commercial investment in the town centre comprising retail shop with offices above producing a combined £18,525 per annum. The property is located only a short distance from the High Street.

The property is Grade II listed and the shop and offices have separate accesses from the street.

The ground floor/basement is let to H&J Comms Ltd on a 5 year lease commencing August 2022 and now on a rolling contract at a rent of £10,725 per annum.

The first, second & third floors are let to Kennet Financial Services until 31 July 2030 at £7,800 per annum.

Situation & Description - Commercial investment in the town centre comprising retail shop with offices above producing a combined £18,525 per annum. The property is located only a short distance from the High Street.

The property is Grade II listed and the shop and offices have separate accesses from the street.

The ground floor/basement is let to H&J Comms Ltd on a 5 year lease commencing August 2022 and now on a rolling contract at a rent of £10,725 per annum.

The first, second & third floors are let to Kennet Financial Services until 31 July 2030 at £7,800 per annum.

Viewings - To arrange a viewing, contact: Devizes office on

There will be numerous pre-arranged open house viewing slots lasting for 30 minutes and you can book in by contacting the Auctioneers.

If you have any concerns with viewings, please contact the relevant Strakers office and we would be happy to discuss them with you and hopefully put you at ease.

Online Auction - In order to bid at Strakers Online Auctions, you will first need to create an account by providing your contact details. You will be asked to read and accept our Online Auction Terms and Conditions. In order to bid online, you will be required to register a credit or debit card for the bidder security deposit. Strakers are required by law to carry out an online anti-money laundering check on all persons wishing to bid. In general terms, you are strongly advised to view the property and take professional advice as to its condition and suitability.

When the auction opens at 8am the day of the auction, you will be able to place bids in line with the pre-determined bid increment levels, using the bid increase (+) and decrease (-) buttons provided. It is recommended you check your web browser will allow you to bid in good time as some browsers' security can block the ability to bid. We recommend using Google Chrome when possible.

We offer property for sale by immediate, unconditional contract. This means that the fall of the electronic gavel constitutes an exchange of contracts between the buyer and seller. Both parties are legally bound to complete the transaction usually within 20 working days following the close of the auction but this will be confirmed within the legal documentation.

Reserve & Guide Price - Generally speaking 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. Virtually every property will be offered subject to a Reserve (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.

Legal Pack - You can download or pre-register for the legal packs via our website by using the ‘Menu’ at the top of the page and selecting ‘Auctions’, then ‘Current Auction’. This will produce a lot list. Find the lot of interest and click ‘View Legal Documents’. You will need to sign-up by entering your email address and creating a password the first time you use this, your log-in will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.

+ Fees - If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above.

Disclaimer - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

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Wine Street, Devizes

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Wine Street, Devizes

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Distances are straight line measurements from the centre of the postcode
  • Melksham Station6.8 miles
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About the agent

Strakers, Devizes

6/7 Market Place, Devizes, SN10 1HT

Strakers success in Devizes is built on very firm foundations stretching over many years since current Chairman, Gordon Straker, first set out in Estate Agency in the town. "Whilst Devizes has grown and changed over the years many of its traditions haven't, it has retained a delightful heart making it an extremely popular choice for people to live in" comments Guy Straker,"Our heritage in the town is really special, carrying it forward is both challenging and very rewarding"

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Disclaimer - Property reference 32826466. 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 Strakers, Devizes. 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.

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 Strakers, Devizes on 01380 717092.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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