for sale by public auction
35 VICTORIA STREET, BURNHAM-ON-SEA, TA8 1AN
GUIDE PRICE £100,000—£125,000
FOR SALE BY PUBLIC AUCTION
FOR SALE BY PUBLIC AUCTION To be auctioned on Thursday 28th April 2016 at the Oak Tree Arena at Edithmead Highbridge Somerset TA9 4HA at 7pm.
AN OPPORTUNITY TO PURCHASE AN INVESTMENT PROPERTY. FULLY TENANTED LOCK UP SHOP UNIT TOGETHER WITH MAISONETTE/FLAT OVER EER BAND D-84 (SHOP) EER BAND F-34 (MAISONETTE)
**** GUIDE PRICE £100,000 - £125,000 ****
Ground floor shop unit currently tenanted* maisonette/flat comprising kitchen/diner* lounge* landing* two bedrooms* bathroom* storage room * Vehicular access to the rear with two areas of concrete hardstanding * Oil fired central heating.
Situated in Victoria Street, a good secondary commercial position close to Barclays Bank and the main post office and amongst a number of other independent retailers. The shop and accommodation have separate entrances and are separately leased. Burnham-on-Sea has a thriving town centre and in recent years both residential property and commercial units have let well with very few unoccupied properties through the town centre itself. The current income of £9,360.00 per annum represents a good return on your investment and we anticipate a good level of interest. DIRECTIONS From the roundabout at the junction of Love Lane and Oxford Street beside the Esso service station proceed along Oxford Street and next available right into Princess Street. Proceed to the end of Princess Street taking a right turn onto Victoria Street and the property will be seen on the right hand side just past Barclays Bank.
ACCOMMODATION (Measurements and directions are approximate) THE SHOP Rental £3,600.00 per annum and has been occupied by a hairdresser for the last 10 years although there is no lease in place. Window frontage of 12'8 (3.86m) to the pavement. The shop area is approximately 320 square feet arranged as a hairdressers.
RATEABLE VALUE £2750.00 RATES PAYABLE £
THE MAISONETTE/FLAT Rental £480.00 per calendar month on an assured shorthold tenancy. The maisonette is laid out over two floors with its own entrance to the : KITCHEN/DINER 18'10 x 9'6 (5.74m x 2.9m) :- Fitted out with a range of units. Oil fired central heating boiler and three double glazed windows. Turned staircase leads to the : LANDING/LIVING AREA 10'6 x 10'3 (3.2m x 3.12m) :- With double glazed window and radiator. BEDROOM 11'10 x 10'3 (3.61m x 3.12m) :- With double glazed window and radiator. BEDROOM 7'8 x 6'2 (2.34m x 1.88m) :- With radiator. BATHROOM 8'0 x 7'10 (2.44m x 2.39m) :- With suite of panelled bath, hand wash basin and low level w.c. Radiator and double glazed window. LOUNGE 12'0 x 11'0 (3.66m x 3.35m) :- Double glazed window and radiator. Off the inner landing is a pull down ladder accessing a loft store with window for natural light. OUTSIDE Vehicular access to the side of the property between Barclays Bank and No.35 leads through to the two areas of concrete hardstanding.
Auction Notes Conditions of Sale Unless otherwise stated, each Lot is sold subject to the current edition of the Law Society’s Standard Conditions of Sale and the General and Special Conditions of Sale for each lot. Auction Catalogue The details of each lot have been prepared based on information given by the vendor and their solicitor. There may be occasions where the person acting on behalf of the vendor does not know the property in detail. Therefore, potential purchasers must satisfy their own enquiries and should refer to the legal documents available at either the Auction Department or from the vendors’ solicitors. Legal packs These will be available to view at the Auction Department office. Alternatively they can be obtained from the vendors’ solicitors. There may be a charge payable direct to the solicitor. We recommend that each potential purchaser take independent legal advice on the content of the packs. Potential purchasers are deemed to have made all the necessary enquiries and purchase with full knowledge of the content of the legal packs. Registration of Interest Berryman's Estate Agents encourage potential purchasers to register their interest in specific lots. This will enable the Auction Department to inform you of any amendments made to that lot during the lead up to the auction day. Tenure and Possession Unless stated otherwise, the tenure of each lot is freehold and vacant possession will be given upon completion. Questions The vendors’ solicitors are usually available for questions prior to the start of the auction. However, there may be occasions when they are unable to attend. Therefore, it is advisable that any queries have been answered before the date of the auction. Members of the Berryman's staff will be on hand and will be able to answer questions concerning the procedure. They will not be able to answer any legal questions. No further questions will be permitted once the auction has started. Buyers Lot Charge A Buyers Lot Charge will be applied to each lot,including those bought prior to and post auction, details of which are found within the general remarks for each lot. This is to be paid at the fall of the hammer. Cheques are to be made payable to Tamlyns (the auctioneers on the night).
Bidding When bidding for a lot, please make your bid clear to the auctioneer or his clerk. The auctioneer will be happy to take bids in smaller increments, for example £250 and multiples thereof. The auctioneer will call the bidding three times, giving you the opportunity to place a final bid. Fall of the Hammer On the fall of the hammer, the successful bidder is under a binding contract to purchase that property. The purchaser must then present himself or herself to the auctioneer’s clerk, giving their name, address, solicitor’s details and a form of identification.
Deposit A deposit of 10% of the purchase price will be payable to the vendors’ solicitor at the fall of the hammer. Cash will not be acceptable and Berryman's do not have the facilities to take payment by credit or debit card. Lotting The vendors reserve the right to amalgamate, subdivide or withdraw any or all of their property. Proxy and Telephone bidding Berryman's do accept bids by proxy or by telephone. Should you require any further information, please contact the Auction Department.
Important Notice These particulars are set out as a general outline only for the guidance of potential purchasers and do not constitute an offer or contractor part of the same. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, warranties and other details are given without responsibility and any potential purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Any photographs and plans are contained within the catalogue to identify the property to potential purchasers. They do not show the extent of the property and must not be relied upon to be to scale. It should not be assumed that each lot has the necessary planning consents, building regulations or other consents. The vendors reserve the right to sell their property prior to auction. Please contact Berryman's prior to the auction to check the availability of each lot. General Remarks Viewing Strictly by arrangement with the auctioneers 01278 793700. Block viewings may be advertised. Services Potential purchasers are advised to make their own enquiries as to the availability of any services. Completion Completion by 19th May 2016 or earlier by arrangement. Local Authority Sedgemoor District Council Tel: 08454 082540 Buyers Lot Charge £300.00 inclusive of VAT per lot. Solicitor: James Gass of Holley and Steer, Tregunter, 1 Berrow Road, Burnham-on-Sea, Somerset TA8 2ET Tel: 01278 788991
www.garyberryman.co.uk
01278 793700
Commercial House, 46 High Street, Burnham-on-Sea, Somerset TA8 1PD
01278 793700
GUIDE PRICE £100,000—£125,000
FOR SALE BY PUBLIC AUCTION
FOR SALE BY PUBLIC AUCTION To be auctioned on Thursday 28th April 2016 at the Oak Tree Arena at Edithmead Highbridge Somerset TA9 4HA at 7pm.
AN OPPORTUNITY TO PURCHASE AN INVESTMENT PROPERTY. FULLY TENANTED LOCK UP SHOP UNIT TOGETHER WITH MAISONETTE/FLAT OVER EER BAND D-84 (SHOP) EER BAND F-34 (MAISONETTE)
**** GUIDE PRICE £100,000 - £125,000 ****
Ground floor shop unit currently tenanted* maisonette/flat comprising kitchen/diner* lounge* landing* two bedrooms* bathroom* storage room * Vehicular access to the rear with two areas of concrete hardstanding * Oil fired central heating.
Situated in Victoria Street, a good secondary commercial position close to Barclays Bank and the main post office and amongst a number of other independent retailers. The shop and accommodation have separate entrances and are separately leased. Burnham-on-Sea has a thriving town centre and in recent years both residential property and commercial units have let well with very few unoccupied properties through the town centre itself. The current income of £9,360.00 per annum represents a good return on your investment and we anticipate a good level of interest. DIRECTIONS From the roundabout at the junction of Love Lane and Oxford Street beside the Esso service station proceed along Oxford Street and next available right into Princess Street. Proceed to the end of Princess Street taking a right turn onto Victoria Street and the property will be seen on the right hand side just past Barclays Bank.
ACCOMMODATION (Measurements and directions are approximate) THE SHOP Rental £3,600.00 per annum and has been occupied by a hairdresser for the last 10 years although there is no lease in place. Window frontage of 12'8 (3.86m) to the pavement. The shop area is approximately 320 square feet arranged as a hairdressers.
RATEABLE VALUE £2750.00 RATES PAYABLE £
THE MAISONETTE/FLAT Rental £480.00 per calendar month on an assured shorthold tenancy. The maisonette is laid out over two floors with its own entrance to the : KITCHEN/DINER 18'10 x 9'6 (5.74m x 2.9m) :- Fitted out with a range of units. Oil fired central heating boiler and three double glazed windows. Turned staircase leads to the : LANDING/LIVING AREA 10'6 x 10'3 (3.2m x 3.12m) :- With double glazed window and radiator. BEDROOM 11'10 x 10'3 (3.61m x 3.12m) :- With double glazed window and radiator. BEDROOM 7'8 x 6'2 (2.34m x 1.88m) :- With radiator. BATHROOM 8'0 x 7'10 (2.44m x 2.39m) :- With suite of panelled bath, hand wash basin and low level w.c. Radiator and double glazed window. LOUNGE 12'0 x 11'0 (3.66m x 3.35m) :- Double glazed window and radiator. Off the inner landing is a pull down ladder accessing a loft store with window for natural light. OUTSIDE Vehicular access to the side of the property between Barclays Bank and No.35 leads through to the two areas of concrete hardstanding.
Auction Notes Conditions of Sale Unless otherwise stated, each Lot is sold subject to the current edition of the Law Society’s Standard Conditions of Sale and the General and Special Conditions of Sale for each lot. Auction Catalogue The details of each lot have been prepared based on information given by the vendor and their solicitor. There may be occasions where the person acting on behalf of the vendor does not know the property in detail. Therefore, potential purchasers must satisfy their own enquiries and should refer to the legal documents available at either the Auction Department or from the vendors’ solicitors. Legal packs These will be available to view at the Auction Department office. Alternatively they can be obtained from the vendors’ solicitors. There may be a charge payable direct to the solicitor. We recommend that each potential purchaser take independent legal advice on the content of the packs. Potential purchasers are deemed to have made all the necessary enquiries and purchase with full knowledge of the content of the legal packs. Registration of Interest Berryman's Estate Agents encourage potential purchasers to register their interest in specific lots. This will enable the Auction Department to inform you of any amendments made to that lot during the lead up to the auction day. Tenure and Possession Unless stated otherwise, the tenure of each lot is freehold and vacant possession will be given upon completion. Questions The vendors’ solicitors are usually available for questions prior to the start of the auction. However, there may be occasions when they are unable to attend. Therefore, it is advisable that any queries have been answered before the date of the auction. Members of the Berryman's staff will be on hand and will be able to answer questions concerning the procedure. They will not be able to answer any legal questions. No further questions will be permitted once the auction has started. Buyers Lot Charge A Buyers Lot Charge will be applied to each lot,including those bought prior to and post auction, details of which are found within the general remarks for each lot. This is to be paid at the fall of the hammer. Cheques are to be made payable to Tamlyns (the auctioneers on the night).
Bidding When bidding for a lot, please make your bid clear to the auctioneer or his clerk. The auctioneer will be happy to take bids in smaller increments, for example £250 and multiples thereof. The auctioneer will call the bidding three times, giving you the opportunity to place a final bid. Fall of the Hammer On the fall of the hammer, the successful bidder is under a binding contract to purchase that property. The purchaser must then present himself or herself to the auctioneer’s clerk, giving their name, address, solicitor’s details and a form of identification.
Deposit A deposit of 10% of the purchase price will be payable to the vendors’ solicitor at the fall of the hammer. Cash will not be acceptable and Berryman's do not have the facilities to take payment by credit or debit card. Lotting The vendors reserve the right to amalgamate, subdivide or withdraw any or all of their property. Proxy and Telephone bidding Berryman's do accept bids by proxy or by telephone. Should you require any further information, please contact the Auction Department.
Important Notice These particulars are set out as a general outline only for the guidance of potential purchasers and do not constitute an offer or contractor part of the same. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, warranties and other details are given without responsibility and any potential purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Any photographs and plans are contained within the catalogue to identify the property to potential purchasers. They do not show the extent of the property and must not be relied upon to be to scale. It should not be assumed that each lot has the necessary planning consents, building regulations or other consents. The vendors reserve the right to sell their property prior to auction. Please contact Berryman's prior to the auction to check the availability of each lot. General Remarks Viewing Strictly by arrangement with the auctioneers 01278 793700. Block viewings may be advertised. Services Potential purchasers are advised to make their own enquiries as to the availability of any services. Completion Completion by 19th May 2016 or earlier by arrangement. Local Authority Sedgemoor District Council Tel: 08454 082540 Buyers Lot Charge £300.00 inclusive of VAT per lot. Solicitor: James Gass of Holley and Steer, Tregunter, 1 Berrow Road, Burnham-on-Sea, Somerset TA8 2ET Tel: 01278 788991
www.garyberryman.co.uk
01278 793700
Commercial House, 46 High Street, Burnham-on-Sea, Somerset TA8 1PD
01278 793700
