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    Key features

    • To be offered on Wednesday 29 July
    • Freehold Mid terrace property
    • Georgian Grade II listed
    • Arranged over basement ground and three upper floors
    • Comprising basement storage, three first floor office suites, a ground floor office/retail unit and three self contained flats
    • Reversion of flat 3 in 6 years
    • Freehold of Ralph Allen's Town House and Courtyard subject to a 999 year lease(Grade I listed)
    • Popular trading location for local and national businesses'
    • Investment let at £24,075.00 per annum (10.7% GIY on guide price)

    Additional information

    Tenure

    Freehold

    Accommodation

    Basement - Storage unit let

    Basement storage & ground floor office/retail unit let 280 sq ft

    First floor - Office Suites let 880 sq ft

    Second floor self contained flat - Sold on lease

    Second and third floor self contained flat - Sold on lease

    Third floor self contained flat - Sold on lease

    Ralph Allen's Townhouse and Courtyard - Freehold subject to a 999 year lease

    Tenancy

    Basement storage - Let from 19/08/2024 to 12/05/2027 - let at - £565.00 per annum

    Basement and Ground floor office/retail - Let from 06/06/2012 to 05/06/2024-let at - £9,350 per annum(holding over)

    First Floor office suites- Let from 13/05/2019 to 12/05/27 - let at - £14,150 per annum

    Flat 1 second floor flat- sold on lease from 04/03/2010 to 03/03/2135 - £ 0.00 ground rent

    Flat 2 second and third floor flat sold on lease from 25/12/1994 to 24/12/2119 - £10.00 ground rent

    Flat 3 Third floor flat - sold on lease from 28/02/2002 to 27/02/2032 - £0.00 ground rent

    Ralph Allen's Townhouse and Courtyard - subject to a new 999 year lease

    Rent

    £24,075 pa
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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Located on the junction of York Street.

      Vibrant trading location Close to other local and national traders.

      The High street and Broad street are also close by along with a good selection of cafes bars and restaurant's.

      Recreational facilities can be found at Parade Park and The Recreation Ground which are both within easy reach.

      Nearby road communications are via the A4 A39 A36.

      Transport

      National Rail - Bath

      Legal documents

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      EPC rating

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

      Guide prices and common auction conditions

      •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.

      Addendums