Lot 15 - Unit 1 & 2, Hewish, Weston-super-Mare, Avon, BS24 6RN
- Unconditional Online Auction Sale
- Guide Price* : £39,000+
- Bedrooms: 0
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Addendum
Guide price reduction
Lot 15 - Units for Investment
Description
ONLINE AUCTION from 20th MAY - 22nd MAY
Unit 1 and 2 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. The unit was operating as a successful Indian restraunt until of late.
Development opportunity also to go up one/two storey on the side to have more business space or to accommodate upper residential element - Subject to neccesary planning consents
VIRTUAL TOUR
Accommodation
Room 1: Large plan reception area with front door and reception and space for seating area formerly used as the front of house for the takeaway.
Room 2: Large kitchen area, all appliances are still in place and included in the sale (non-tested)
Room 3: Storage Area - Again has appliances and fridge freezers included in sale (non-tested)
WC Room - Toilet and Sink
Tenancies
To be sold with vacant possession - As mentioned above - an introduction of a wood fired pizza business would be interested in renting the premises of unit 1 and 2 for £1150PCM on a 3 year basis on a FRI lease.
Details can be given to the successful new purchaser if interested in renting the units out.
Tenure
Advised Flying Freehold - to be verified
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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
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Auction Finance
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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