Commercial Property
For sale by auction
1st January 2030
Unit 12B, Broadmead Lane Industrial Estate, Keynsham, Bristol BS31 1ST
Guide Price £225,000 + VAT (plus fees)
Price £225,000 + VAT
• Large mezzanine level with potential to extend
• Large forecourt/yard with potential to enclose
• Situated between Bristol and Bath
• Subject to VAT
Description
Forming part of the old Keynsham Soap Factory, built circa 1881, this is a mid-terrace freehold industrial unit situated on the north side of the estate set along side the river Avon. In total the property offers 286 sq. m./3,074 sq. ft. (including mezzanine) plus additional yard/forecourt area of approximately 160 sq. m. The ground floor is an open plan space with vehicular entrance. In addition there is a galleried mezzanine level with potential to further extend if additional space is required. The property is currently used for storage but has previously been used for vehicle repairs and wood working. The additional yard provides parking for at least 10 cars and offers potential to further extend the unit if required. The property is suitable for a variety of different uses.
Accommodation
Ground Floor – 195 sq.m/2,104 sq. ft. With vehicular access with roller shutter door. The opening is approximately 3.5m high by 3.5m wide. WC and stairs to Mezzanine level.
Mezzanine: 90.8 sq.m/977 sq. ft Built within the roof trusses this is a galleried mezzanine level with potential to extend further.
Ceiling height: 9m to apex of roof. Ground Floor to Mezzanine: 4.1m Mezzanine to Apex: 4.9m
Outside: To the front of the property is a large open fronted yard/forecourt of approximately 161 sq.m with the option to enclose to create a secure compound. There may be potential to further extend the existing building subject to necessary consents.
Services and charges
Three phase electric supply, water and private drainage are connected to the property. Annual estate charges for road maintenance apply based on 7% of the annual coast of the estate roads and 1.4% of Broadmead Lane. Drainage costs £120 per annum.
Business Rates
The rateable value with effect from April 20223 is £15,250.
Asbestos
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 and Rural Property Auctions Ltd has not tested or inspected for Asbestos however a full management report is available from the estate landlord.
VAT
The property is elected for VAT. The sale price will be therefore subject to VAT at the prevailing rate.
Agents Note
The property is situated in flood zone 1 and the has been known to flood. The current owner has installed floor barriers and pumps to mitigate this issue.
Additional Fees
Administration Charge
Disbursements
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.
