4, Horseshoe Street, NORTHAMPTON, Northamptonshire, NN1 1TB
26th June 2023
starts 09:15 AM at Grand Connaught Rooms
starts 09:15 AM at Grand Connaught Rooms
last bid was £750,000,
available for *
£785,000
Tenure: Freehold
!
The negotiator dealing with this Lot is Thomas Mason and he can be contacted by email: thomas.mason@barnardmarcus.co.uk
THERE IS AN ANNOUNCEMENT RELATING TO THIS LOT (AS BELOW) THIS HAS ALSO BEEN ADDED TO THE LEGAL PACK.
IF YOU ARE BIDDING YOU ARE DEEMED TO HAVE KNOWLEDGE OF THIS ANNOUNCEMENT TOGETHER WITH ALL OTHER LEGAL DOCUMENTS AND SPECIAL CONDITIONS OF SALE.
Announcement
Please see the “ANNOUNCEMENT” on the Legal Docs.
There are revised special conditions of sale for this lot, copies of which are available from the Auctioneers website and a copy will be attached to the contract
Freehold Former Motor Trade Site
Huge Redevelopment Opportunity (stpp)
Site Area 0.42 Acre
Full Vacant Possession
Location:
This “brownfield“ site lies in a premier position close to Northampton centre and on the A508 just north of its junction with the A4500. The location is mainly home to commercial users but includes new developments nearby such as the Vue cinema with Ibis hotel above. Northampton has always been
a vibrant commercial location with many businesses attracted to the area due to superb transport links and within easy access of the M1 motorway. The town offers vibrant shopping facilities and recreational pursuits with easy access to open recreational areas. The location of this property is ideal for transport links, not only provided by the A508 and A4500 but also public transport services which include local bus routes and the rail station at Northampton which is located within 1/3 mile of the property and offers
direct services to London Euston with a journey time of less than one hour.
Description:
The property has been for many years utilised for purposes within the motor trade, most recently running as an MOT Station until December 2022, and has been in its current ownership since 1989. It currently comprises a range of workshop space with the main workshop understood to be circa 6,000sq. ft, an additional MOT bay of some 1,200 sq ft, a huge cellar area, other ancillary and office areas together with extensive open land for parking. The Seller cannot warrant that any of the workshop equipment left on site following the sale is serviceable but items such as scissor lift, brake tester and beam tester, wheel alignment scissor lift will all remain on the site at completion.
Development Prospects:
The site is sold as is on an unconditional basis and clearly offers a range of potential uses in its current configuration. Whilst purchasers are deemed to have relied solely on their own enquiries it is understood that this site together with other buildings adjoining is one that the council would wish to see redeveloped. Purchasers must rely on their own enquiries to the local planning authority as to prospects for development either in isolation or with other buildings not connected to this sale.
Local Authority Planning Department:
West Northamptonshire Council, Tel: 0300 126 700
Total Site Area:
0.42 Acre
To view: 15/6, 20/6, 22/6 at 12:30pm
No booking required - please arrive at the time stated
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.
IF YOU ARE BIDDING YOU ARE DEEMED TO HAVE KNOWLEDGE OF THIS ANNOUNCEMENT TOGETHER WITH ALL OTHER LEGAL DOCUMENTS AND SPECIAL CONDITIONS OF SALE.
Announcement
Please see the “ANNOUNCEMENT” on the Legal Docs.
There are revised special conditions of sale for this lot, copies of which are available from the Auctioneers website and a copy will be attached to the contract
Freehold Former Motor Trade Site
Huge Redevelopment Opportunity (stpp)
Site Area 0.42 Acre
Full Vacant Possession
Location:
This “brownfield“ site lies in a premier position close to Northampton centre and on the A508 just north of its junction with the A4500. The location is mainly home to commercial users but includes new developments nearby such as the Vue cinema with Ibis hotel above. Northampton has always been
a vibrant commercial location with many businesses attracted to the area due to superb transport links and within easy access of the M1 motorway. The town offers vibrant shopping facilities and recreational pursuits with easy access to open recreational areas. The location of this property is ideal for transport links, not only provided by the A508 and A4500 but also public transport services which include local bus routes and the rail station at Northampton which is located within 1/3 mile of the property and offers
direct services to London Euston with a journey time of less than one hour.
Description:
The property has been for many years utilised for purposes within the motor trade, most recently running as an MOT Station until December 2022, and has been in its current ownership since 1989. It currently comprises a range of workshop space with the main workshop understood to be circa 6,000sq. ft, an additional MOT bay of some 1,200 sq ft, a huge cellar area, other ancillary and office areas together with extensive open land for parking. The Seller cannot warrant that any of the workshop equipment left on site following the sale is serviceable but items such as scissor lift, brake tester and beam tester, wheel alignment scissor lift will all remain on the site at completion.
Development Prospects:
The site is sold as is on an unconditional basis and clearly offers a range of potential uses in its current configuration. Whilst purchasers are deemed to have relied solely on their own enquiries it is understood that this site together with other buildings adjoining is one that the council would wish to see redeveloped. Purchasers must rely on their own enquiries to the local planning authority as to prospects for development either in isolation or with other buildings not connected to this sale.
Local Authority Planning Department:
West Northamptonshire Council, Tel: 0300 126 700
Total Site Area:
0.42 Acre
To view: 15/6, 20/6, 22/6 at 12:30pm
No booking required - please arrive at the time stated
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.
lot infomation last updated: 12th July 2023 at 08:53 AM
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