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27, Eastover, BRIDGWATER, Somerset, TA6 5AW

1st August 2023
starts 10:00 AM at Grand Connaught Rooms
sold prior
undisclosed

Tenure: Freehold

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The negotiator dealing with this Lot is Russell Hartnell-Parker and he can be contacted by email: Russell.Hartnell-parker@fox-and-sons.co.uk
Substantial freehold two floor end terrace building arranged as ground floor retail unit – let with first floor storage and staff facilities – Vacant
Investment – Ground floor let at £24,000 per annum together with vacant upper parts
Planning permission granted for two ground floor retail units and 9 self contained apartments above (over first and seond floors)

Location:
The property sits on the corner of Eastover & New Road in a prominent trading position off Bridgewater with high levels of passing traffic and pedestrian footfall. The town provides a full range of local and major brand retail units along with excellent public transport and amenities. The historic town of Taunton is also just a short drive by car with further major amenities available including access to the M5 & A38 junctions.

Description:
The building is currently arranged as a ground floor commercial unit operating as the local Post Office with first floor storage and staff facilities. The planning permits the addition of a second floor and the creation of a second retail unit to the ground floor.

Accommodation:
Ground Floor: Currently operating as a Post Office with approx. 269.45 sq.m total floor space.
First Floor: Further 259.62 sq m storage space to inc kitchen & staff toilets.
(All information taken from Valuation Office Agency website and is for guidance purposes only).

EPC rating: D

Tenure:
Freehold

Planning Permission:
Planning permission was approved by Sedgemoor District Council under app no 08/20/00109 for change of use of existing storage space to create 1 additional retail unit at ground floor with conversion of first floor and additional second floor providing a further 9 (C3) residential flats, subject to conditions. All buyers are advised to have substantiated the status of the planning permission along with the liability to pay any Section 106 & CIL costs prior to development/occupation.

Note 1:
Conditions 4 & 5 of the approved planning consent have been approved and discharged as confirmed in a letter dated 29th September 2022 by Sedgemoor DC. All potential buyers are advised to have satisfied all
enquiries over the planning and tenancy status prior to bidding.

Note 2:
We understand that the vendors have summited a further planning application on 1st July 2022 under application number 08/22/00076 for two ground floor retail units and 10 self-contained flats over first and second floors, this planning application is still pending. Prospective purchasers must rely on their own enquires in this respect.

Viewing Agents:
Fox & Sons Auctioneers
32-34 London Road, Southampton, Hampshire, SO15 2AG
E auctions.southampton@fox-and-sons.co.uk
T 023 8033 8066






Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Council Tax Band: Please contact Auction centre

Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.

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lot infomation last updated: 29th September 2023 at 01:12 PM
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