Sold Prior £170,000

FOR SALE BY AUCTION

*** SOLD PRIOR TO AUCTION ***

GUIDE PRICE £150,000 +++
SOLD @ £170,000

LOT NUMBER 26
Wednesday 19th July
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00

VIEWING

By appointment with Hollis Morgan.

SOLICITORS

William Power
Cook & Co Solicitors
william.power@cookco.co.uk
M: 07711 264939
Bush House, 77-81 Alma Road, Clifton BS8 2DP
T: +44 (0) 1173179719
F: +44 (0) 1173179720

ONLINE LEGAL PACKS

Digital 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.
Follow the RED link 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.
*** 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.

THE PROPERTY

33 Occupies a prominent position at the top of the The Mall in Clifton Village with private access and comprises two floors of the end of Gloucester Terrace.
The property is currently arranged as a self-contained retail lock up unit with WC.
Sold with vacant possession with the benefit of a long lease ( (961 years unexpired )

LOCATION

The property occupies a prime spot on The Mall within the vibrant Clifton Village which offers an array of independent retailers, boutiques, gourmet restaurants, affluent bars and cafes. Bristol City Centre is less than two miles away.

THE OPPORTUNITY

Planning has been granted for change of use to convert the unit into a stylish one bedroom maisonette with study and cycle store.
We understand the resale value of the converted property is in the region of £300,000

PROPOSED ACCOMMODATION

GROUND FLOOR
Entrance Vestibule
Open Plan Living Space / Kitchen diner
Utility / WC

LOWER GROUND FLOOR
Stairs down to
Bedroom with dressing area
Wetroom
Study

OUTSIDE
Cycle Store

UPDATED SCHEME - PLANNING GRANTED

Decision : GRANTED subject to condition(s)
Application no: 17/01655/LA
Type of application: Listed Building Consent (Alter/Extend)
Site address: 33 The Mall, Bristol, BS8 4JG.
Description of development: Amendment to listed building consent 16/06689/LA to replace existing intermediate floor, dry line the perimeter walls and revise the internal layout on lower ground floor.
Applicant: Simon Goddard
Agent: Zebra Architects
Committee/delegation date: 15.05.17
Date of Notice: 15.05.17

ORIGINAL PLANNING GRANTED

Decision : GRANTED subject to condition(s)
Application no: 16/01554/F
Type of application: Full Planning
Site address: 33 The Mall, Bristol, BS8 4JG.
Description of development: Change of use of ground and basement retail unit to residential dwelling including associated external alterations.
Applicant: Coyne Group UK Ltd
Agent: Pegasus Planning Group Ltd
Committee/delegation date: 26.05.16
Date of Notice: 26.05.16

RENTAL APPRAISAL

The Local Experts say;

Having looked at various properties of similar size and value in the local area if the property was finished to a high standard a rental income of between £950 and £1200 per calendar month could be achieved.
Alternatively, a well presented furnished One bed in this particular location could be let on a short term basis for between £80 and £90 a night. Our sister company Airbristol specialise in short term lettings throughout Bristol.

Hopewell Properties Clifton
Email: info@hopewellproperties.co.uk
Telephone: +44 (0)1179 118 663

EPC

For full details of the EPC please refer to the online legal pack.

GUIDE PRICE

An 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 or not 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 PRICE

The 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.

BUYER'S PREMIUM

Please be aware all purchasers are subject to a £750 + VAT (£900 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.

PRE AUCTION OFFERS

Some properties may be available to buy prior to the auction. Pre auction offers can be only submitted by completing the OFFER FORM which can be downloaded with the online legal pack - please email the COMPLETED form to – olly@hollismorgan.co.uk. Please note offers will not be considered until you have VIEWED the property and the COMPLETE LEGAL PACK has been released. In the event of an offer being accepted the property will only be removed from the auction and viewings stopped once contracts have successfully EXCHANGED subject to the standard auction terms and payment of the buyer’s premium ( £900 ) to Hollis Morgan. Contracts can be signed either via the solicitors or at the Hollis Morgan offices subject to appointment.

AUCTION BUYERS GUIDE VIDEO

We 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.

BIDDING AT THE AUCTION

This property is for sale by public auction and if you intend to bid please bring the following: Proof of identity (valid passport or photo driving licence). Proof of address (bank statement, recent utility bill, council tax bill or tenancy agreement). 10% deposit payment. Buyers premium payment. Details of your solicitor.

SURVEYS AND VALUATIONS

If 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.

TELEPHONE AND PROXY BIDDING

If you cannot attend the auction (although we strongly advise you do) you can make a TELEPHONE or PROXY BID. This authorises the auctioneer to bid on your behalf up to a pre-set limit. Forms and relevant conditions are available to download with the online legal pack. A completed form, ID and two cheques (one for the 10% deposit and one for the Buyer's Administration Fee of £900) are required by the Auction Department at least two full working days before the auction.

PAYING THE DEPOSIT & BUYERS PREMIUM

We can only accept the following at the auction: Personal or Company Cheque Bankers Draft Debit Card ( NOT CREDIT CARD )

AUCTION FINANCE

Some properties may require specialist auction finance- please contact Hollis Morgan for access to expert advice and "whole of market" rates.

TESTIMONIALS

We are very proud of what our past clients have say about us - please visit the Hollis Morgan website to read their testimonials.

CHARITY OF THE YEAR

Hollis Morgan are supporting Bristol based “ Life for a Cure” as our 2017 Charity of the year which aims ‘a LIFE for a CURE’, to raise funds in support of finding the ‘Ultimate Vaccine’ for Meningitis B. We are delighted to announce that 5 % of every buyer’s premium will be donated to ‘a Life for a Cure’ which was founded as both a legacy to Ryan and to help raise awareness and valuable funds in search of the ultimate vaccine. This Bristol charity run purely on a voluntary basis is simply about working together to stop other amazing young lives being lost to meningitis. - to learn more about Ryans Story and this fantastic cause please visit there website. www.ryanbresnahan.org/ In 2016 we raised £4,000 for Bristol based housing charity “Home Start” to learn more visit the charity section of our website - www.hollismorgan.co.uk/charity/