GUIDE PRICE £20,000-£30,000 An opportunity to purchase a detached garage/store (approx. 228 sq ft) with an additional parcel of land and parking space. The site is situated on Broncksea Road off Gloucester Road North and would be ideal for parking, storage with the possibility of residential redevelopment, subject to obtaining the necessary planning consents.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 24th April 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWING -
The site is open for inspection at all times.
SUMMARY -
SOLD FOR £30,000 - LAND, STORAGE AND A PARKING SPACE IN HORFIELD
DESCRIPTION -
A freehold parcel of land comprising a detached garage/store (approx. 228 sq ft), a parking space fronting Broncksea Road and an additional parcel of land to the side of the store. The property would be ideal for parking and storage and may offer potential for redevelopment, subject to consents.
LOCATION -
The site is situated on Broncksea Road off Gloucester Road North in Horfield. Excellent transport links are provided to the city centre and motorways via the A38 and a wide range of amenities are available locally.
GARAGE/STORE -
17'2" (5.22m) deep x 13'4" (4.06m) wide
TENURE -
Understood to be freehold.
LOCAL AUTHORITY -
South Gloucestershire Council.
COMPLETION -
Completion for this lot will be 6 weeks from exchange of contracts or sooner by mutual agreement.
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.
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
