Guide price
£275,000
Retail premises for saleJ Mart Premises, Ludlow Road, Craven Arms, Shropshire SY7
Just added
Auction
Freehold
About this property
Freehold Vacant possession upon completion.
For Sale By Public Auction on 11 September starting at 08:30 am - A Freehold retail/warehouse premises with parking, yardage & loading with potential for alternative use, subject to obtaining the necessary consents
The property comprises a substantial detached building most recently used for non-food retail use, and which is situated on a roughly level, rectangular site which extends to approximately 1,200sqm (approaching 0.3 acres).
Accommodation
The property has the following Gross Internal Areas:-
Ground Floor: Retail area - 3,857 sq.ft. (358.28 sq.m.)
Ancillary storerooms 366 sq.ft. (34.04 sq.m.)
Rear mezzanine retail area 4,220 sq.ft. (392.03 sq.m.)
Total: 8,443 sq.ft. ( 784.35 sq.m.)
The rear covered parking area extends to approximately 3,905 sq.ft. ( 363 sq.m.)
Outside: There is off road parking for several vehicles to the front of the premises, whilst in the rear covered car-park area there is parking for approximately 14 further vehicles. The site itself is enclosed by fencing and double gates to the roadside boundary.
Location
The property is situated on the western side of the A49 trunk road/Ludlow Road close to the centre of Craven Arms. To the immediate south of the subject property is a veterinary practice and residential premises whilst to the western side is the Cardiff/Manchester railway line and to the northern side is the Craven Arms Bowling Club premises. On the opposite side of the road are residential dwellings.
Shrewsbury is approximately 20 miles to the north and Hereford just over 30 miles to the south (with Leominster and Ludlow in between). There is also a British Railways mainline station in Craven Arms.
Energy Performance Rating
C.
Tenure
Freehold Vacant possession upon completion.
Services
Certain mains services are understood to be available in the vicinity of the site, but prospective buyers should make their own independent enquiries as to the suitability of services for their particular requirements.
Value Added Tax
We understand VAT is not applicable on this transaction, however please refer to the legal pack.
Business Rates
Rateable Value of £32,500.
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewing Times
Strictly by appointment with the Auctioneers.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
The property comprises a substantial detached building most recently used for non-food retail use, and which is situated on a roughly level, rectangular site which extends to approximately 1,200sqm (approaching 0.3 acres).
Accommodation
The property has the following Gross Internal Areas:-
Ground Floor: Retail area - 3,857 sq.ft. (358.28 sq.m.)
Ancillary storerooms 366 sq.ft. (34.04 sq.m.)
Rear mezzanine retail area 4,220 sq.ft. (392.03 sq.m.)
Total: 8,443 sq.ft. ( 784.35 sq.m.)
The rear covered parking area extends to approximately 3,905 sq.ft. ( 363 sq.m.)
Outside: There is off road parking for several vehicles to the front of the premises, whilst in the rear covered car-park area there is parking for approximately 14 further vehicles. The site itself is enclosed by fencing and double gates to the roadside boundary.
Location
The property is situated on the western side of the A49 trunk road/Ludlow Road close to the centre of Craven Arms. To the immediate south of the subject property is a veterinary practice and residential premises whilst to the western side is the Cardiff/Manchester railway line and to the northern side is the Craven Arms Bowling Club premises. On the opposite side of the road are residential dwellings.
Shrewsbury is approximately 20 miles to the north and Hereford just over 30 miles to the south (with Leominster and Ludlow in between). There is also a British Railways mainline station in Craven Arms.
Energy Performance Rating
C.
Tenure
Freehold Vacant possession upon completion.
Services
Certain mains services are understood to be available in the vicinity of the site, but prospective buyers should make their own independent enquiries as to the suitability of services for their particular requirements.
Value Added Tax
We understand VAT is not applicable on this transaction, however please refer to the legal pack.
Business Rates
Rateable Value of £32,500.
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewing Times
Strictly by appointment with the Auctioneers.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
.png){kind=logo}