A tremendous opportunity to acquire a Grade II Listed freehold premises comprising of a vacant ground and basement floors retail unit of circa 45 square metres and three self contained one bedroom apartments, currently let and generating £17,100 pae, with the top floor flat having the benefit of a roof top terrace and sea view. The property is located in close proximity of Weymouth seafront in a prime trading position and is likely to appeal to those looking to fully let the property for investment purposes, along with those looking for a break up and resale opportunity of the various components, subject to any requisite consents.
The popular holiday destination of Weymouth offers a beautiful sandy beach, busy marina and attractive harbour. Weymouth is an attractive town with an array of popular shops, restaurants and cafes. The harbour offers some excellent local food, places to relax and socialise. The property is also located close to a variety of public transport facilities including a main line railway station to London Waterloo.
Ground and Basement Floors
Entrance hall with door giving access to the apartments and second doorway to the retail unit comprising of retail zones A & B, kitchen and staff toilets, along with a useful basement area having natural light, the whole totalling circa 45 square metres.
Landing with a plumbed utility cupboard for each individual flat.
Flat 1: Lounge/kitchen/diner, bedroom and shower room.
Landing: Flat 2: Lounge/kitchen/diner, bedroom and shower room
Flat 3: Lounge/kitchen/diner, bedroom, shower room and roof top terrace.
Retail Unit: Non Commercial Energy Efficiency Rating - D
Flat 1: Energy Efficiency Rating - E
Flat 2: Energy Efficiency Rating - D
Flat 3: Energy Efficiency Rating - D
Strictly by prior appointment with Palmer Snell Weymouth 01305 778679. General enquiries Countrywide Property Auctions 01395 275691.
Disclaimer: On some client's instructions not all properties are available to purchase prior to auction however we will submit all offers on your behalf.
* 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.
A successful purchaser will also be required to pay a Buyer's Administration charge:
Blundells Property Auctions - £950+VAT (£1140 including VAT @ 20%)
Sutton Kersh Auctions - £850+VAT (£1020 including VAT @ 20%)
Countrywide Property Auctions - £750+VAT (£900 including VAT @ 20%)
(unless stated otherwise within the property description in the catalogue) by cheque, bankers draft or debit card made payable to Countrywide.
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).