Lot 16 - Compound 2 Unit, Hewish, Weston-super-Mare, Avon, BS24 6RN

  • Unconditional Online Auction Sale
  • Guide Price* : £9,000+
  • Bedrooms: 0

Lot 16 - Compound/Development Plot/ Business Hot Spot/ EV charging potential

Description

ONLINE AUCTION from 20th MAY - 22nd MAY

Currently comprising of a 20ft container situated on a yard (container included in sale) this is likely to appeal to those looking for a secure compound, builders yard, car storage/sales or for a siting of a structure to accommodate a barbers, dog groomers, tattooist or developers who may see potential for development for a residential house (subject to necessary planning).

There could also be scope for having 2/3 EV charging points, initial enquiries have been with the large amount of high traffic flows from the main road and it's close proximity to the M5 it would be a great setting for a EV charging station. Typically an EV charging point is worth £5,000 per annum per charger based on size and location the site could generate between £10,000 and £15,000 per annum in rent for the EV charging points and offer a long term investment subject to planning.

The compound is located in a central village location of Hewisham but located 2 minutes off J21 of the M5 and the compound yard is set on the main trunk road of Bristol Road. A high traffic flow count for business opportunity and also great links to the West Country and Bristol and Weston Super Mare.

Plot size approximate measurement for guide -
32 meters length..   10m width (widest  part)

Tenancies

To be sold with vacant possession

Owner occupier for your own use. We have also had a local builder enquire for storage and depot for a rental of £825pcm. The scope for investment is high, alongside a owner occupier basis or development potential.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.

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As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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