Sold prior to auction, for an undisclosed amount

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For development - substantial first and second floor office space with consent for conversion to flats, vacant.

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Description/Location

The property is situated at the junction of Fishponds Road and New Station Road, planning was granted by Bristol City Council Ref: 15/05377/COU on 24/11/2015. The current scheme provides 2 x 2 bedroom flats, we believe there is an opportunity for a planning gain creating 4 x 1 bedroom flats subject to planning. Energy Rating: G/157

Tenure

Leasehold, new 125 year lease from completion

Local Authority

Bristol City Council, City Hall, College Green, Bristol. BS1 5TR

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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.