Freehold yard currently let at £550 pcm, offering a gross annual yield in excess of 10%.
A level and fenced parcel of land measuring approximately 13.25m x 7.5m with allocated parking space. The site currently houses a 2 birth static caravan measuring 10.84m x 3.70m (external measurements). The caravan is currently let at £550 pcm, although will be sold with vacant possession, offering a gross annual yield of in excess of 10%. We understand the caravan has been in continued use for circa 15 years and has mains electric supply, water and drainage. The yard also enjoys access to the communal washroom and laundry block (by way of annual licence).
Situation and Directions
The property is ideally situated for the A4 Keynsham bypass making it ideal for access to both Bristol (7 miles) and Bath (8 miles). The towns of Keynsham, with its train station, and Saltford are within a few minutes. From the A4 Keynsham bypass coming from Bristol towards Bath, turn left at the Waitrose roundabout. Continue past Waitrose and turn right through the railway arch and follow the road. Upon entering the industrial estate bare left and take the second right. Parking space 6 is on the left.
Please note the yard is currently occupied and all viewings are strictly by accompanied appointment. This is a parcel of land close to the River Avon. You view the property at entirely your own risk and extreme care should be taken around the river.
Services and charges
The property benefits from mains electricity and private water and drainage. 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, as well as use of the shower block and laundry room.
EPC Rating : TBC
Council Tax Band: TBC
Local Authority: Bath and North East Somerset Council
Lease Years Remaining: TBC
Annual Service Charge: TBC
Annual Ground Rent: TBC
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.
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.