Ground & First Floor, 21 Walcot Buildings London Road, Bath, BA1 6AD
Mixed retail and residential property in Bath
Guide price*
£300,000+
Plus fees
Unsold
Lot information
Mixed Use
Auction details:
Wednesday 16th September 2020 @ 09:00AM
An Attractive Freehold Mixed Retail and Residential Property occupying a prominent 'A' road position close to Bath city centre
Property Description
The property comprises an attractive end of terraced building standing in a block of similar properties known at Walcot Buildings. The property comprises a ground floor retail unit with ancillary basement and self-contained first floor flat. The flat comprises a bathroom, rear room (formerly included a kitchen now removed) and two front rooms which could be configured to occupiers preferred options.Location
The property occupies a prominent position fronting the southern side of the main A4 London Road at its junction with Bedford Street. London Road serves as a main arterial route into Bath city centre, which lies just south of the property.Within the vicinity there is a mix of retailers, professional offices, commercial uses and residential. London Road is a busy route throughout the day and offers an excellent potential of passing trade together with the immediate catchment area for potential future trade.
The main city centre with its popular shopping amenities together with its famed attractions including Bath Abbey, The Royal Crescent, Pump Room and Assembly Rooms are just a short stroll from the property.
Energy Performance Rating
D & ETenure
Freehold – Vacant possession of the ground, basement and first floor will be available upon completion.The second and third floors have been sold by way of a 999 year Lease with effect from 2006 and is subject to a ground rent receivable by the Freeholder of £150 per annum, doubling every 25 years.
Value Added Tax
We understand that VAT is not chargeable on this transaction.Auctioneers Note
Please note offers will be considered prior to the Auction Sale.Remote Bidding Auction
This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details. This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.Viewings
Strictly by appointment with the Auctioneers.Accommodation
| Sq.m. | Sq.Ft. | |
|---|---|---|
| Ground Floor Retail: | 39.8 sq.m. | 421 sq.ft. |
| Basement: | 39.6 sq.m. | 426 sq.ft. |
| First Floor Flat: | Two Bedrooms, Bathroom, Lounge/Kitchen. | |
DISCLAIMER
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
LIVE-STREAMED AUCTION
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.
*DEFINITION OF GUIDE & RESERVE PRICE
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
COSTS AT AUCTION
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
