Hambridge Mill, Hambridge, LANGPORT, Somerset, TA10 0BP

Freehold parcel of land with a variety of single and two and three storey traditional buildings used for office, showroom and residential uses together with industrial buildings.
The site extends to 2.44 hectares (6.02 acres) which includes a strip of woodland running to the west of the main site of approximately 0.77 hectares (1.91 acres)

Investment

By order of the LPA Receivers

Location:
Hambridge Mill is located by the side of the river Isle and is positioned off the B3168 Hambridge/Curry Rivel Road. Hambridge is an attractive and popular village situated approximately 12 miles from Taunton to the south west and Yeovil to the east. The village has panoramic views across the Somerset Levels. Hambridge has a thriving school, public house and restaurant and a vibrant business park at nearby Bowdens Farm.

Description:
The Mill site was for many years occupied by Chalon Furniture Makers and renowned Kitchen designers in mixed use with a variety of single and two and three storey traditional buildings used for office, showroom and residential uses together with industrial buildings used for their furniture making business. The Mill and Mill House are Grade II Listed.

Note:
The property is being offered for sale By the Order of the LPA Receivers. They believe the property is occupied as per the above tenancy schedule but may not hold a copy of all the tenancy agreements and are not collecting rent. Prospective purchasers are referred to the legal documentation and must satisfy themselves in this regard.

Accommodation/Tenancy Schedule:

Unit/Land: Mill Showroom
Accommodation/Description: Single storey with adjoining car parking area
Tenant Name: Make Skincare Limited
Annual Income:£15,000
Start Date: March 22
End Date: September 24

Unit/Land: Mill Tower
Accommodation/Description: Mixed Showroom and Storage Premises on Ground and Three Upper Floors
Tenant Name: Ground occupied by Make upper floors believed to be vacant

Unit/Land: Mill House
Accommodation/Description: Five Bedroom Residential House with kitchen and dining area reception room and utility room at ground floor, two bedrooms, dressing room and bathroom at first floor level and three bedrooms at second floor level
Tenant Name: Private Tenant
Annual Income: £18,000
Start Date: October 21
End Date: October 24

Unit/Land: Mill Cottage
Accommodation/Description: Former residence currently in office and showroom and storage use providing ground floor open plan area plus kitchen and WC and five rooms at first floor level
Tenant Name: Occupied -Believed to be squatted

Unit/Land: Garage Block
Accommodation/Description: Garage Block adjoining Mill Cottage – ground and first floor accommodation currently used for offices and stores
Tenant Name: Believed to be Vacant

Unit/Land: Stables Studio
Accommodation/Description: Stable Block – Single Storey building fitted for storage and showroom purposes
Tenant Name: Believed to be Vacant

Unit/Land: Main Factory
Accommodation/Description: Industrial Complex – variety of buildings providing a mix of industrial, office, workshop and storage accommodation
Tenant Name: Fletcher Boats
Annual Income: £18,000
Start Date: June 23
End Date: June 26

Exterior – Gardens and yard areas

EPC rating: TBC

Potential:
We believe historically Planning permission for conversion of the showrooms, tower, mill cottage and garage to four residential units was granted in the mid 1990’s but was not implemented. The Hambridge Mill site may have considerable development potential subject to planning permission and consents. Prospective purchasers must rely on their own enquires in this respect.

To view:
Strictly by arrangement with the joint auctioneer. Please see important advice for viewers on page 19 of this catalogue.
Robert Clark, Greenslade Taylor Hunt,
22 Princes Street, Yeovil, Somerset BA20 1EQ
Telephone: 01935 423474 • E-mail: robert.clark@gth.net


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.