LOT 4
Sold Prior
Sold Prior
Shop
For sale by auction
25th September 2024
109a , High Street, Midsomer Norton, Somerset BA3 2DA
Guide Price £80,000 - £100,000 (plus fees)
Price £80,000 - £100,000
• Guide price £80,000 - £100,000+++
• Rare Freehold Property
• Vacant Possession
Description
Situated amongst the busy High Street of Midsomer Norton is this two storey semi-detached property. The property comprises a ground floor shop/retail area with the benefit of a WC. The first floor provides a kitchenette and separate storage area accessed by an internal staircase. Although requiring some minor improvements the property offers a Buy to Let Investment or an opportunity for a local business owner to acquire a rare freehold building.
Location
• Situated on Midsomer Norton High Street
• Access to local bus routes including direct to Bath & Frome
• Approximately 11 miles to Bath City Centre & Train Station
Accommodation
The property comprises of a good size retail area and WC on the ground floor with an office with kitchenette above and separate under roof storage. The property could be split into 2 separate offices/rooms on the Ground and First Floors subject to necessary consents.
The unit comprises (all measurements are approximate):
GROUND FLOOR
SHOP 8.30m X 3.88m
WC 2.04m x 1.11m
FIRST FLOOR
OFFICE 4.76m X 3.88m
STORAGE AREA 2.47m X 2.92m
Tenure
Freehold
Utilities
We are advised by the sellers that the following services are connected:
• Water
• Drainage
Your attention is drawn to the water and drainage search contained within the legal pack.
• Electric
• Gas
• Other
• Mobile and Broadband
Please visit the Ofcom mobile and broadband checker for availability of services.
Interested parties should satisfy themselves as to the suitability and availability of any services they may require.
Possession
Vacant Possession upon completion.
Completion
20 working days
Viewings
Please contact us on 01179 464949 to arrange a viewing
Legal Pack
The legal pack is a bundle of information, specific to this property which will include, but not limited to:
• Official Copy of Register of Title (Office Copy Entry)
• Local Authority Search
• Coal Mining Search
• Water & Drainage
• Environmental search
• Special Conditions of Sale
• Property Information Form
• Fixtures and Fittings Form
We recommend all elements of the legal pack are reviewed by your and your conveyancer before bidding. You are deemed to bid in full knowledge of the contents of the legal pack whether you have reviewed it or not.
Your attention is drawn to the Special Conditions of Sale within the Legal Pack, which detail other charges in addition to the sale price which you may be liable for. These costs may include, but not limited to, Search Fees, reimbursement of Sellers costs and Legal Fees as well as Transfer Costs.
The Legal Pack is available to download, free of charge, via the City and Rural Property Auctions website. By registering for Legal Pack you will be kept up to date of any changes that may occur in the build up to the auction.
Solicitors
Thatcher and Hallam
Island House, Midsomer Norton, BA3 2HJ
Bidders Registration closes on 24th September 2024
You must register to bid to take part in the auction. Registering to bid is very simple, you must visit the City and Rural Property Auctions Website and click on the register to bid button (this feature is not available on Rightmove or Zoopla).
Step 1 – complete the online bidding form (this is the same form if you wish to do telephone or proxy bidding).
Step 2 – Upload your ID and Proof of Address
Step 3 – Pay your security deposit of £6,500 (this places a hold on your debit card and no money will leave your account unless you are the successful purchaser).
Step 4 – you will receive a confirmation email you are ready to bid.
Good luck at the auction! Any outstand deposit balance must be transferred to us within 24 hours of the auction. If you are unsuccessful at the auction the hold on your debit card will be cancelled within 24 hours of the auction, although the exact date will be determined by the issuing bank.
Morgages and Bridging Finance
There is finance available for virtually every lot, whether that’s a from a high street mortgage lender or from a short-term bridging finance company. We have a team of specialist auction third party mortgage brokers and finance providers that know the ins and outs of auctions, particularly the timescales required to complete, that are on hand to help. Please contact City and Rural Property Auctions for further details. Please note we may receive introductory fees from the broker for this service.
Additional Fees
Administration Charge
Disbursements
EPC Rating: C
Local Authority: Bath and North East Somerset Council
Tenure: Freehold
Guide Prices & Reserves
Guides 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 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.
Additional Fees
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Plans, Maps and Photographs
The plans, floorplans, maps, photograph’s and video tours published on our website and in the catalogue are to aid identification of the property only. The plans are not to scale and should not be relied upon.
Consumer Protection Regulations 2008
City & Rural Property Auctions endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.
Anti Money Laundering Regulations.
Intending buyers will be asked to produce identification documentation either as part of the bidder registration process of if they make an acceptable pre-auction offer, we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Control of Asbestos Regulations
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. City & Rural Property Auctions have not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
