LAND & GARAGES WITH POTENTIAL FOR REDEVELOPMENT
A parcel of land occupied by a range of lock-up garages/storage units (2 x single garages, 1 x double garage and a larger storage unit/garage). The site is situated in a popular residential location in Brislington and offers potential for residential development, subject to obtaining the necessary planning consents. Alternatively, the garages and units offer a superb storage solution for investors or business owners.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 22 May 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
LAND & GARAGES WITH POTENTIAL FOR REDEVELOPMENT
DESCRIPTION -
A parcel of land in a popular residential location in Brislington, currently occupied by a variety of secure lock-up garages and storage units - including 2 single garages, 1 double garage, and a larger storage unit.
This versatile site offers fantastic potential for residential development (subject to the necessary planning permissions), making it a prime opportunity for developers. Alternatively, the existing garages provide an ideal storage solution for investors, tradespeople, or local business owners seeking secure and accessible space in a thriving residential area.
LOCATION -
The site is situated at the end of a rank of terraced houses on Sandringham Road. A wide range of local amenities on the nearby Sandy Park Road and excellent transport links are provided to the city centre.
SITE PLAN -
The site plan is provided for indicative purposes only, please refer to the title plan within the legal pack for confirmation of the site boundaries.
PLANNING HISTORY -
An application for the demolition of the existing garages and the erection of two self-contained flats was refused in January 2011 under Application No. 10/05174/F. Alternative redevelopment schemes may be suitable, subject to obtaining the necessary consents.
COMPLETION -
Completion for this lot will be 6 weeks from exchange of contracts or sooner by mutual agreement.
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.
