LOT 5
Sold STC
Sold STC
Light Industrial
For sale by auction
26th February 2025
Unit 9C, Broadmead Lane Industrial Estate, Broadmead Lane, Keynsham BS31 1ST
Guide Price £95,000+++ (plus fees)
Price £95,000+++
• Freehold industrial unit
• Situated between Bristol and Bath
• Gross Internal Area 1,788 sqft/166 sqm (including mezzanine)
• 2 Parking spaces
• Vehicular access with remote controlled roller shutter door
• Recently decorated and rewired
• 3 phase electric supply
Description
Forming part of the old Keynsham Soap Factory, built circa 1881 alongside the river Avon, this is a mid-terrace, freehold industrial unit situated in the middle of the estate. Having recently been re-wired and decorated through this is a good sized industrial unit of 1,224 sqft/114 sqm with a mezzanine level of 564 sqft/52 sqm. The unit benefits from vehicular access by way of a remote controlled roller shutter door as well as separate personnel/visitor access. In addition there are two allocated parking spaces with more available by negotiation.
Accommodation
Gross Internal Floor area (including mezzanine): 1,788 sqft/166 sqm
Ground Floor 14.8m x 7.69m
Vehicular entrance with remote controlled roller shutter door, with open dimensions of 2.96m wide by 2.85m high. Additional personnel door to the side. Kitchenet and WC off. Steps to mezzanine.
Mezzanine Level: 14.8m x 3.54m
With sky lights over. Reducing ceiling heights. Potential to extend out over entire ground floor.
Outside
There is use of two allocated parking spaces
Tenure
Freehold. The property is subject to an estate charge of £500 per annum, fixed for 5 years. This includes water and drainage fees, site lighting and road maintenance.
Utilities
We are advised by the sellers that the following services are connected:
• mains 3 phase electric
Private water and drainage connections the cost of which is included within the annual Estate Charge.
Business Rates
Currently awaiting valuation but expected to qualify for Small Business Rate Relief.
VAT
Please note the sale price is subject to VAT at the prevailing rate.
Agents Note
Please note the property is situated within the flood zone 3 and on occasion has flooded.
Viewings
By appointment with City and Rural
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.
Bidders Registration closes on 25th February 2025
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
Local Authority: Bath and North East Somerset Council
Tenure: Freehold
Should you wish to make a pre or post auction offer, you must complete the form.
Before making your offer you should view the property, review the legal pack and know that if accepted you are entering in a binding contract of sale.
You will be required to pay a 10% deposit, the auctioneer’s admin fee and any search pack fees or buyer premiums as applicable.
Only once contracts have been exchanged will the property be withdrawn from the market.
Your offer will need to be your best bid and typically be at the top end or in excess of the guide price to be considered.
In some instances, it may not be possible to make a pre-auction offer.
Address of the Property you wish to make an offer on
Unit 9C, Broadmead Lane Industrial Estate, Broadmead Lane, Keynsham BS31 1ST
Should your offer be accepted, you will be required to transfer a 10% deposit and all buyers’ fees to the auctioneer.
If you have not viewed the property or the legal pack, your offer is likely to be rejected.