Sold

GUIDE PRICE SOLD PRIOR

51-53 Fore Street

Bridgwater, Somerset, TA6 6PY

Lot 11

Sold prior to auction, for an undisclosed amount
Freehold development opportunity comprising ground floor offices (vacant) with 1 x 2 bedroom and 1 x 3 bedroom flats above (1 let, 1 vacant). To the rear is a detached, 2 storey workshop (approx. 2,274 sq ft) and a yard. The site extends to 0.18 acres.
Description/Location

The offices (1430 sq ft) are vacant and ready for occupation. Potential for a variety of commercial uses or conversion to flats subject to planning. On the first floor are two refurbished flats. The 2 bed flat (800 sq ft) is let on an AST currently producing £6000 pa although we estimate market rent is £7800. Rental value of the 3 bed flat (1097 sq ft) is £9000 pa. To the rear is a concreted yard leading to the 2 storey workshop which has potential for conversion to a dwelling/s subject to planning.

Tenure

Freehold

Local Authority

Viewing

Gibbins Richards Bridgwater 01278 444488

Accommodation

Ground floor: Refurbished offices comprising front office area, rear office, training room, 2 x w.c's, kitchen - in total 1,430 sq.ft. First floor: 1 x 2 bedroom flat (800 sq.ft.) comprising living room, kitchen, 2 bedrooms, bathroom. 1x 3 bedroom flat (1,097 sq.ft.) comprising entrance hall, living room, kitchen, 3 bedrooms, bathroom Outside: Courtyard laid to hard-standing (approx 185' x 82'), large 2 storey workshop with development potential.

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*Guide Price & Reserves

Generally speaking 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. 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.

Property Information
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