MIXED USE | £33,000 PA | SHIREHAMPTON

For Sale : GBP 300000

Details

Property Type
Commercial Property

Description

Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A

Key Features: • FOR SALE BY ONLINE AUCTION • WEDNESDAY 12TH FEBRUARY 2025 • VIDEO TOUR NOW ONLINE • DOWNLOAD FREE LEGAL PACK • LEGAL PACK COMPLETE • FEBRUARY LIVE ONLINE AUCTION • MIXED USE BLOCK • FULLY LET - £33,000 PA • FLATS | RETAIL UNIT | WAREHOUSES | DEVELOPMENT • EXTENDED 8 WEEK COMPLETION

Location: • Nearest Station: Shirehampton Station • Distance to Station: 0.2 miles

Agent Information: • Address: 9 Waterloo Street, Clifton, Bristol, BS8 4BT

Full Description: Hollis Morgan – FEBRUARY LIVE ONLINE AUCTION – FREEHOLD MIXED USE BLOCK producing £33,000 pa comprising MIXED USE FLAT | RETAIL plus WAREHOUSE with DEVELOPMENT potential stc.For Sale By Live Online Auction - ADDRESS | 130 - 132 Nibley Road, Shirehampton, Bristol BS11 9XNLot Number 32The Live Online Auction is on Wednesday 12th February 2025 @ 17:30Registration Deadline is on Monday 10th February 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer.Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Property - A mixed use Freehold portfolio of properties ( circa 2800 Sq Ft ) located in the middle of this established rank with rear access;Ground Floor Retail UnitFirst Floor FlatWarehouses to rearAll sold subject to existing tenancies. We are informed No management fees or monthly chargesTenure - FreeholdCouncil Tax - AEPC - TBCUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - A mixed use portfolio of properties ( circa 2800 Sq Ft ) located in the middle of this established rank with rear access;Ground Floor Retail Unit ( Freehold ) First Floor Flat ( Freehold ) Warehouses to rear ( Rear of 130 Freehold | Rear of 132 Nibley Leasehold ) All sold subject to existing tenancies. We are informed No management fees or monthly chargesTenure - FreeholdCouncil Tax - AEPC - TBCUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackSchedule Of Income - 130 Nibley Road/Chip Shop - £1000 per month - 9 years left on lease 130a Nibley Road - £950 per month - 2 years 3 months left on AST lease The Rear Workshop X 2 - £800 per month - 10 months left on leaseTotal - £33,000 paPlease refer to online legal pack for copies of leases etcLocation - Nibley Road is situated in a quiet residential neighbourhood located within the popular suburb of Shirehampton. The local High Street is within walking distance and offers an abundance of local amenities ranging from independent retailers, larger national services as well as everyday services. The A4 Portway provides excellent transport links both back into Bristol City Centre or out toward the M5 Motorway Network. In addition Shirehampton Railway Station is less than a mile away which also provides a direct link into the city.Solicitors & Completion - Heather Jones Wards Solicitors Heather. EXTENDED COMPLETION Completion is set for 8 weeks or earlier subject to mutual consent.Rental Appraisal - What rent can we achieve for you?The Bristol Residential Letting Co. are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of;130 -132, Nibley Road, 2 bed flat - £1100pcm - £1200pcm.If you would like to discuss more detail on the potential for rental, you can call me on or email ( ) for a no obligation discussion. I am always happy to advise investors on maximising their investment.Important Auction Information - VIEWINGSPlease submit a viewing request online and we will contact you to organise an appointment.We will send you an email and text to confirm the appointment time and the full property address.Viewings are supervised by a member of the Hollis Morgan Auction team who will meet you at the property.ONLINE LEGAL PACKSDigital Copies of the Online legal pack can be downloaded Free of Charge.Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List.Press the GREEN button to "Download Legal Packs" For the first visit you will be required to register simply with your email and a password.Having set up your account you can download legal packs or if they are not yet available, they will automatically be sent to you when we receive them.You will be automatically updated by email if any new information is added.There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when no further information is due to be added.*** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot in the build up to the sale.BUYER’S PREMIUMPlease be aware all purchasers are subject to a £1,500 + VAT (£1,800 inc VAT) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.GUIDE PRICEAn indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.RESERVE PRICEThe seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.PRE AUCTION OFFERSSome vendors are willing to consider offers prior to the auction.Pre auction offers can ONLY be submitted by completing the online PRE AUCTION OFFER FORMThe form can be found on the Hollis Morgan website on the individual auction property listing.Please note offers will not be considered until you have inspected the COMPLETE LEGAL PACK once it has been released.There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when our client’s solicitor informs us no further information is due to be added.In the event of an offer being accepted the property will only be removed from the online auction and viewings stopped once contracts have successfully EXCHANGED subject to the standard auction terms and payment of the buyer’s premium (£1,800 Inclusive of VAT) to Hollis Morgan.Contracts can be exchanged via the solicitors or at the Hollis Morgan offices by appointment only.REGISTRATION PROCESSThe registration process is extremely simple – visit the Hollis Morgan auction website and click on the “Register to Bid” button.The “Register to Bid” button can be found on the auction home page or on the individual lot listings.Please note this function is not available on Rightmove or Zoopla.Stage 1 – Complete the Online Bidding FormStage 2 – Upload your certified IDStage 3 – Invitation to bidStage 4 – Pay your security deposit (£6,800)You are now ready to bid – Good luck!If your bid is successful, the balance of the deposit monies must be transferred to our client account within 24 hours of the auction sale.If you are unsuccessful at the auction your holding deposit will be returned within 48 hours.SURVEYS AND VALUATIONSIf you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction, please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton.AUCTION FINANCE & BRIDGING LOANSSome properties may require specialist auction finance- please contact Hollis Morgan for access to expert advice and whole of market rates from our independent brokers.Hollis Morgan may receive introductory fees for this service from the broker.AUCTION BUYER’S GUIDE VIDEOWe have short video guides for both buying and selling by Public Auction on the Hollis Morgan Website. If you have any further questions regarding the process, please don’t hesitate to contact Auction HQ.2025 CHARITY OF THE YEARHollis Morgan is supporting Uncle Pauls Chilli Charity empowering socially disadvantaged people with barriers to learning &/or disabilities based in Butcombe, North Somerset, our land overlooks the Mendip Hills and Blagdon lake. There are three main areas of focus at Uncle Paul’s Chilli Charity Education, Wellbeing and Social Prescribing – visit for more details or the Hollis Morgan Charity Page of our website.AUCTION PROPERTY DETAILS DISCLAIMERHollis Morgan 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 Hollis Morgan 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.BrochuresMIXED USE | £33,000 PA | SHIREHAMPTON Brochure

Location

Address
MIXED USE | £33,000 PA | SHIREHAMPTON
City
MIXED USE | £33

Features And Finishes

FOR SALE BY ONLINE AUCTION, WEDNESDAY 12TH FEBRUARY 2025, VIDEO TOUR NOW ONLINE, DOWNLOAD FREE LEGAL PACK, LEGAL PACK COMPLETE, FEBRUARY LIVE ONLINE AUCTION, MIXED USE BLOCK, FULLY LET - £33,000 PA, FLATS | RETAIL UNIT | WAREHOUSES | DEVELOPMENT, EXTENDED 8 WEEK COMPLETION

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Hollis Morgan Auctions Bristol & West Country, Bristol
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Hollis Morgan Auctions Bristol & West Country, Bristol
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MIXED USE BLOCK FULLY LET - £33 000 PA
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