The Old Library, High Street, MALMESBURY, Wiltshire, SN16 9AT

The negotiator dealing with this Lot is Chris Glenn and he can be contacted by email: chris.glenn@sequencehome.co.uk

5,500sq.ft. Freehold Building
Mixed Retail, Offices and Residential Use
Huge Potential Enhanced Income/Development
Part Vacant Currently Generating £45,706 pa

Location:
The property is located adjoining a WH Smith store within the High Street of Malmesbury which is home to a range of both national multiple retailers and niche/specialist outlets. Malmesbury is a town steeped in history located in north Wiltshire some 14 miles west of Swindon and 9 miles north of Chippenham. The town lies off the A429 which links north towards Cirencester and south to the M4 at junction 17. This road link provides excellent communications for the town linking it to also to surrounding villages and outlying areas.

Description:
This mid terrace period building was formerly utilised as the branch library and now offers a range of space much of which is occupied on various short term licenses. At ground floor level there are two retail areas both occupied by the same tenant trading as “The Emporium of Loveliness”. Below this there is a full length basement area which is currently unused. To the rear of the retail space and above, at first floor level, there is a range of office rooms with shared kitchenette and wc facilities. The second floor provides
a substantial two bedroom flat with the roof space currently unused but could provide potential to further extend the useable accommodation.

Accommodation/ Tenancies:
Currently in addition to the retail space, most of the remaining parts of the building are let on various short term tenancies and agreements. A full schedule of tenancies and the space occupied is available from the
auctioneers / Joint auctioneers and will also be available in the legal pack free to download from the auctioneer’s web site.
Total Current Rents Reserved
£45,706 per annum plus four vacant office rooms.
To View/ Further Enquiries:
Please contact either the Auctioneers or our Joint Auctioneers,
Barneys Estate Agents and Auctioneers, 16 Baltimore House, Juniper Drive, Battersea Reach, London, SW18 1TS. Ref Ms A Bryett. Tel 020 8432 7330 email: amiee@barneyestates.co.uk

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.