Planning Granted - X Townhouses, BS3

Hollis Morgan FEBRUARY LIVE ONLINE AUCTION - A Freehold BUILDING PLOT with PLANNING GRANTED to erect 2 X TOWNHOUSES with a GDV of ?800k in this sought after BS3 LOCATION.

COVID UPDATE LOCKDOWN 3.0

Following Government advice ( 05.01.21 ) the housing market will remain open during the new lockdown in England.Hollis Morgan are open for viewings and valuations whilst adhering to the latest social distancing and PPE rules.Please contact the auction team for any questions.

ADDRESS

27 & 29 West Street, Bedminster, BS3 3NS

FOR SALE BY LIVE ONLINE AUCTION

SOLD @ FEBRUARY LIVE ONLINE AUCTIONGUIDE ?235,000 +++SOLD @ ?250,000Lot Number 2The Live Online Auction is on Wednesday 10th February @ 18:00Registration Deadline is on Monday 8th February @ 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 on the REGISTER TO BID button to qualify for your secure & unique bidding PIN

PRE AUCTION OFFERS

On this occasion the vendor will NOT be considering pre auction offers.

EXTENDED COMPLETION

Completion is set for 30th March or earlier subject to mutual consent.

VIEWINGS

The site is open for inspection at all times.

ONLINE LEGAL PACKS

** LEGAL PACK COMPLETE **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. 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.

SOLICITORS

Miss Samantha C JonesSolicitorSCJ Solicitors37 High Street, Caernarfon, Gwynedd, LL55 1RHTel 01286 677897/400680Fax: 01286 [email protected]

THE LAND

A Freehold parcel of land on the corner of West Street & Kent Street.

LOCATION

Located at the lower end of West Street within walking distance to North Street which offers an array of independent retailers, gourmet restaurants, affluent bars, cafes and friendly public houses. Bristol City Centre is less than 1 mile away.

THE OPPORTUNITY

PLANNING GRANTED Planning has been granted to erect a pair of townhouses in this highly sought after location. Unit 1 internal gross area is 119m Unit 2 internal gross area is 115m We understand the resale values of each unit is circa ?400k equating to a potential GDV of ?800kPlease contact the Hollis Morgan New Homes Team for further information on the values etc.ALTERNATIVE SCHEMEThe site has a wide range of other potential schemes including block of flats, mixed use or commercial.Subject to gaining the necessary consents.

PROPOSED SCHEDULE OF ACCOMMODATION

UNIT 1 & 2GROUND FLOOREntrance HallLiving RoomOpen plan Kitchen / Living space with doors to gardenWCFIRST FLOORBedroom 1En SuiteBedroom 2En SuiteSECOND FLOORStudy / LandingBedroom 2En SuiteRoof Terrace

PLANNING GRANTED

Reference20/04263/FAlternative ReferencePP-09071261Application ReceivedWed 16 Sep 2020Application ValidatedThu 24 Sep 2020Address29 West Street Bedminster Bristol BS3 3NSProposalErection of a semi-detached pair of dwelling houses.StatusDecidedDecisionGRANTED subject to condition(s)Decision Issued DateFri 18 Dec 2020Appeal StatusUnknown

PLANNING INFORMATION

Full details of the proposed scheme and drawings can be downloaded with the online legal pack.

RENTAL APPRAISAL

What rent can we achieve for you?The Bristol Residential Letting Co. are confident this property would make a good rental investment as one of the following options. Josh Box of The Bristol Residential Letting Co suggests rents in the region of;3 bedroom townhouse - ?1600pcm - ?1700pcm per unitIf you would like to discuss more detail on the potential for rental, you can call me (0117 370 8818) or email ([email protected]) for a no obligation discussion.

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 ?1000 + VAT (?1,200 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.

AUCTION FINANCE

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

EPC

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

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.

REGISTRATION PROCESS

The 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 Save your unique bidding PINStage 4 Pay your security deposit ( ?6,200 )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.

TESTIMONIALS

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

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.

2021 CHARITY OF THE YEAR

Hollis Morgan are supporting Bristol Charity 1625 Independent People as our 2021 Charity of the year with a % of each Buyers premium being donated.1625 Independent People (1625ip) is a charity that works with young people who are homeless, leaving care or at risk of homelessness in Bristol and the South West.Visit the Hollis Morgan Charity page of our Website for further details - www.hollismorgan.co.uk/charity

WHY HOLLIS MORGAN?

Hollis Morgan hold the largest land & property auctions in the region.Hollis Morgan sold more ??? s of Land & Property in both 2018 & 2019 than any other auctioneer in the region.In fact, no auctioneer has sold more than Hollis Morgan since 2010 with over ?289m of sales - ?95m more than anyone else.*Source EIG Sales in BS and GL postcodes by agents based in BS or GL postcodes.Hollis Morgan was the most successful Auctioneer in Bristol & North Somerset during 2018 2019 with an 87 % success rate.*Source EIG Sales in BS postcodes 2018 & 2019 by agents based in BS

AUCTION PROPERTY DETAILS DISCLAIMER

Hollis 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.