Savills Property Auctions | Unit 4 Downside Yard, Station Approach, Melksham, SN12 8BN

February 2023: Tuesday 07 February 2023 - 9:00am

Return to catalogue Previous lot Next lot

Your Bid

Guide price TBA

Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA

Your Bid:

Watch Auction Register to bid Bid now Bid on additional lots Login to bid Register to bid

Floorplan

Remove from wishlist

Add to wishlist

Key features

Asset management potential in letting out the vacant unit and yard space
Suitable for owner occupiers
GIA 113 sqm (1,225 sq ft) and 4m height to eaves in the existing building
An approx. 209.96 sqm (2,260 sq ft) of external secured fence service yard
Located adjacent to the Melksham Main Line station

Description

The property comprises of a detached single storey industrial unit located within a secure fenced service yard.

The building has metal clad walls with a pitched roof incorporating roof lights, which has an eaves height of an approx. 4m (13ft). It has concrete floors and 3 phase electricity. To the front, there is a personnel door and hinged loading doors which have an approx. height of 4.16m and a width of 3.55m.

To the front of the property there is a yard which is approximately 2,260 sq ft.

There is no water supply and no provision for foul drainage from the property

Access to the property will be via a private road and the buyer will be required to contribute a fair proportion (to be determined by the Seller from time to time) to the cost of maintenance of the access road.

Additional information

Tenure

Freehold

Accommodation

Please note that the approximate areas have been supplied by the client.

Single storey steel portal shed - an approx. GIA 113 sqm (1,225 sq ft) and 4m height to eaves

External Yard an approx. 209.96 sqm (2,260 sq ft)

Tenancy

Vacant

Notes

Please Note that VAT is applicable on this property (Please refer to legal pack)

Please note that there is an overage clause (triggered by change of use*/redevelopment of the site) and a number of restrictive covenants connected to this property

*Use solely for transport related purposes or any use falling within B1,B2 or B8 of the town and country planning (use classes) amendment (England) Order 2005 are not chargeable events so Would NOT trigger overage payments (Please refer to the legal pack).

Please note that there will be additional costs associated with the purchase of this property including but not limited to the seller’s and other costs associated with the deed of covenant that will be required to be entered into as a prerequisite to registration (Please refer to the special conditions of sale)

The vendor has advised us that London and Continental Railways Limited will maintain a charge against the property to protect their overage obligations on the property

We would also advise any purchaser that they will be required to enter into a deed of covenant with London and Continental Railways Limited and that completion will be delayed until this has been effected. On approval/satisfactory sign off by the Seller and London and Continental Railways Limited (but not less than 30 working days from date of exchange) the purchaser will receive notice to complete within 10 working days.

We advise all interested parties to review the legal pack in full prior to bidding on this property

Please note the site areas provided are approximate. The photos and red line outlines are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

Contact

Melksham is a town on the River Avon in Wiltshire, England, an approx. 4.5 miles northeast of Trowbridge and 6 miles south of Chippenham.

The property is located adjacent to Melksham Main Line Station which can be accessed via Bath Road. The property is surrounded by other light industrial units.

Transport

Melksham Station - Great Western Services to Swindon and Westbury

Login to view legal documents

If no EPC rating appears please refer to the legal pack.

•Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

•The reserve price is the minimum price at which the property can be sold.

•Both the guide price and reserve price may be subject to change up to and including the day of the auction.

•For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

Please note that all prices listed, whether prior to or post auction, are subject to contract.

The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

Buying a property Common auction conditions Auction notices