DESCRIPTION FOR SALE BY PUBLIC AUCTION
Auction Guide Price: £230,000 - £250,000
Thursday 22nd February 2018, 7.00pm at The Standerwick Suite, Frome Livestock Market, Frome, Somerset, BA11 2QB.
A rare opportunity to acquire a spacious detached bungalow situated within a large plot extending to approximately 0.85 acres. Located in a popular area of Shepton Mallet, being within the development limits of the town and abutting open countryside.
There is an opportunity to either modernise/extend the existing dwelling or potentially create multiple residential units on the site, subject to obtaining the necessary planning consents. A planning appraisal has been conducted by Brimble, Lea & Partners, which details material planning considerations i.e. policy, tree protection etc., and is available for inspection.
The dwelling is constructed of rendered cavity wall elevations, including metal framed windows, under a clay tile roof. Vehicular access is taken directly from the Council adopted highway via tarmacadam driveway leading to off-road parking area and attached rendered block garage (13.71m²). Lawn gardens lie to the front, rear and sides and are interspersed by a number of trees and flower/shrub beds.
The property is offered for sale with no overage or uplift clause.
ACCOMMODATION With reference to floor plan opposite:
• Covered side entrance (7.50m²)
• Kitchen (12.87m²) - pantry (0.81m²)
• Dining Room (11.67m²)
• Lounge (28.47m²) - Large bay window and fireplace (gas fire disconnected)
• Bedroom 1 (18.36m²) - built-in wardrobes
• Shower Room (4.99m²) - Shower, WC and wash hand basin.
• Bedroom 2 (9.57m²) - built-in wardrobe
• Reception Hall (5.53m²) - Cloak cupboard
• Inner hall (5.95m²)
• First Floor attic storage (68.72m²)
LOCATION The town of Shepton Mallet and City of Wells are approximately 1 mile south and 4 miles west respectively and offer an extensive range of facilities including educational, retail, employment and recreational. Regional areas of settlement, notably Bath and Bristol, are within commuting distance. Principal roads of communication are within easy reach, namely the A37, A371 and A361. The M5 is a 30 minute drive and provides communication north and south of the country. Main line railway links are available from both Bath and Bristol. Bristol Airport is approximately 29 miles away and provides scheduled domestic and international flights.
GENERAL REMARKS Viewings:
Strictly by appointment only through the agents, Cooper and Tanner LLP.
Tel. 01749 372200 (option 1)
IMPORTANT NOTICE The successful purchaser will be required, within 6-weeks of completion, to erect and thereafter maintain, at least a 6' stock-proof fence between points labelled 'A', 'B' & 'C' on the sale plan. Please refer to the Legal Pack for full details.
SERVICES It is understood mains gas, water, electricity and drainage are connected. Hot water and central heating via gas-combi boiler. Purchasers are advised to make their own enquiries into the adequacy and availability of any services.
COMPLETION Completion has been set for the 22nd March 2018 or earlier by agreement.
BUYER´S LOT CHARGE £450 per lot, inclusive of VAT, to be paid to Cooper and Tanner at the fall of the hammer.
LOCAL AUTHORITY Mendip District Council
Telephone: 0300 3038588
COUNCIL TAX Band - E
TENURE Freehold - vacant possession on completion.
VAT The purchase price will not be subject to VAT.
SOLICITORS Mogers Drewett Solicitors, Wells
Telephone: 01749 342323
Debra Morley acting.
MONEY LAUNDERING REGULATIONS Due to changes in the Money Laundering Regulations, as set out by HMRC, all successful buyers at one of our Collective Land and Property Auctions will now have to provide two forms of proof of ID. One of which must be photographic and the other an up-to-date utility bill that is no more than 3 months old, confirming your address. In addition to this, buyers will also have to provide proof of the source of funding for the purchase. For example a bank statement or mortgage offer. Please contact Cooper and Tanner if you have any questions.
* 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.
EPCs tell you how energy efficient a building is and give it a rating from A (very efficient) to G (inefficient). EPCs let the person who will use the building know how costly it will be to heat and light, and what its carbon dioxide emissions are likely to be.
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