Office
For sale by auction
25th September 2024
Wellsway House, 9 Wellsway, Keynsham, Bristol BS31 1HS
Guide Price £450,000 (plus fees)
Price £450,000
- For sale by livestream auction on 25th September 2024
- Office Building of 256 sqm/2,758 sqft
- Well maintained with air con to all principal offices
- Parking to front and rear
- Good rental potential
- Suitable for a variety of different uses subject to planning
- Potential for residential dwelling/HMO/ flat conversion
- Not in commercial use for more than 3 months
Description
A well maintained Victorian end of terrace office building offering 256 sqm/2,758 sqft over two floors with parking to the front and rear. The property offers 6 office spaces, all with air conditioning (not tested).
Originally a large house, the property offers potential for residential conversion and has not been in commercial use for more than 3 months. Situated between Bristol and Bath, with good public transport links to both, the property makes an ideal House of Multiple Occupancy or flat conversion. Alternatively it could make a large family home.
A private driveway to the side provides access to the rear parking as well as access to neighbouring properties.
Location
• Situated just off B3116 Bath Road. Convenient access to Avon Ring Road.
• Keynsham High Street offers a range of local amenities.
• Keynsham Railway Station 0.6 miles away.
• Bath University 9.1 miles. Bristol University Enterprise Campus 8.3 miles.
• Conservation area
Accommodation
Ground floor: Approached via a porch to the side of the property leading to a central hallway. 1 large office to the front, originally 2 rooms. 2 further offices, staffroom and kitchen, WC, utility room and uninspected boiler room.
First floor: Large landing. 1 large office to the front, originally 2 rooms. 2 further offices. 2 x WC. Storage cupboard built into half landing staircase.
Outside
To the front of the property is parking for 1-2 cars.
To the side a driveway provides vehicular access to the rear of the property and is subject to various rights of way.
To the rear is parking for 5-6 cars.
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
• 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.
Planning
Application Number: 23/04509/CDCOU
Prior approval request for change of use of office premises (use class e) to 4no. flats (use class c3).
Application Refused on 26/01/2024
Application Number: 23/03502/FUL
Installation of two new windows and a change to a glazed door in the ground floor.
Application Permitted on 14/11/2023
Business Rates
Current rateable value (1 April 2023 to present) £21,250.
This is the rateable value for the property. It is not what you pay in business rates or rent. The local council uses the rateable value to calculate the business rates bill.
Possession
Vacant Possession upon completion.
Completion
20 working days.
Viewings
Viewing schedule to be announced. Please register interest.
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 24 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: D
Local Authority: Bath and North East Somerset Council
Tenure: Freehold
_t202408151009.jpg)
_t202408151009.jpg)
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.
