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Commercial Property for sale

Locking Road, Weston-Super-Mare

Guide Price* £50,000

Property Description

Full description

FOR SALE BY PUBLIC AUCTION(subject to Reserve, Conditions of Sale & unless sold meanwhile )at The Commodore Hotel, Beach Road, Sand Bay, Kewstoke, Weston-s-Mare BS22 9UZ on Wednesday 17th May 2017 at 7.00pm

Guide Price: £45,000/£50,000

*Guides 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. Each 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.

Purchasers Administration Fee: All purchasers will be required to pay the Auctioneers an administration fee of £150 plus VAT and produce two forms of identification

Located in a central location among a variety of Commercial users opposite Tescos and well placed for the High Street, Sea Front, Railway Station etc.

A double fronted vacant Lock up Shop 585 sq ft (55 sq m) approximately with storerooms behind. The property offers potential for a variety of uses (subject to obtaining any necessary consents)

Accommodation: - (with approximate measurements)

Shop: - 8.10m x 7.24m overall (26'7 x 23'9 overall) - 585 sq ft (55 sq m) approximately. Divided by the stairwell to the First Floor the Shop is in two intercommunicating halves with the potential to split into two (subject to obtaining any necessary consents). Storerooms and WC.

Tenure: - Freehold of the whole building, subject to the 99 year lease on the First Floor Flat from March 1988, subject to and with the benefit of a £10 Annual Ground Rent. The Leaseholder of the First Floor Flat to be responsible for the roof and walls above ground floor ceiling height.

Rateable Value: - £7,000

Epc Rating: - To Be Confirmed

Conditions Of Sale: - From the Solicitors:-

Powells Law
7-13 Oxford Street
Weston super Mare
BS23 1TE

Tel: 01934 623501
Ref: Bo Yee Fan

Stephen & Co Ltd trading as Stephen & Co for themselves as Agents for the Vendors or Lessors of this property give notice that these particulars are produced in good faith and are to act as purely a guide and therefore do not constitute any part of any contract. Stephen & Co. Ltd trading as Stephen & Co or any employee thereof do not have authority to make or give any warranty, guarantee or representation whatsoever in relation to this property.

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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 Stephen & Co, Weston-Super-Mare on 01934 621101.

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