GUIDE PRICE £50,000-£60,000
A ground floor office with storage of approximately 243 sq ft arranged as open plan office with adjoining toilet facilities, storage and parking to the front. The property is situated in an excellent position on Shadwell Road in Bishopston, this property enjoys a prime location just a stone's throw from the bustling Gloucester Road. Offered for sale freehold with vacant position.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 19 September 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
SOLD FOR £74,000 - LARGE OFFICE, STORAGE & PARKING IN GREAT LOCATION
DESCRIPTION -
Office with separate storage area of approximately 243 sq ft arranged as open plan office with adjoining toilet facilities, storage and driveway providing off street parking to the front. Perfect as an office or suitable for a workshop. There is also potential for conversion to residential subject to consent. Also perfect for own business or as an investment. Very popular location off Gloucester Road.
LOCATION -
Situated in an excellent position on Shadwell Road in Bishopston, this property enjoys a prime location just a stone's throw from the bustling Gloucester Road. Known for its vibrant atmosphere and diverse range of independent shops, cafes, and restaurants, Gloucester Road is one of the most popular and lively areas in the city.
ACCOMMODATION -
Please refer to floorplan for approximate room measurements and internal layout.
OFFICE -
Open plan with adjoining toilet facilities, measuring approximately 163 sq ft
STORAGE -
Useful storage space of approximately 80 sq ft with double doors. Off street parking to front.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: E
TENURE -
Understood to be freehold.
LETTING - WHAT CAN MAGGS & ALLEN ACHIEVE FOR YOU? -
Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on 0117 9499000 or email lettings@maggsandallen.co.uk.
AUCTION OR BRIDGING FINANCE REQUIRED? -
Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on 0117 9734940 or email admin@maggsandallen.co.uk
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,500 plus VAT (£1,800 inc VAT) buyer’s premium payable upon exchange of contracts.
*GUIDE PRICE -
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. Each property will be offered subject to Reserve Price (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.
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.
PROXY, TELEPHONE & ONLINE REMOTE BIDDING -
The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
PRELIMINARY DEPOSITS -
The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:
£1,000 - £150,000: £5,000
£151,000 and above: £10,000
If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.
RENTAL ESTIMATES -
All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.
