Property description
For Sale by Public Auction. Tuesday 15th December 2015, 7pm. Wells Golf Club, Wells. Auction Guide Price £65,000 to £75,000 *. A useful freehold lock up commercial property located on a parade of local shops and businesses.
DESCRIPTION 41 Vallis Way offers a great opportunity for an invester to add to a property portfolio or for a small business to have their own premises. The property is located in an area of the town that has seen a great deal of rejuvination over recent years and is now able to provide an extensive range of local shops and businesses which helps to draw the public to the area.
Due to the current occupiers relocating, the property will be offered with vacant possession and will include the freehold of the building. It currently comprises a reception/office area with a further office to the rear. Beyond this is a large area which is currently used as a workshop and staff facilities
* 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.
Property Features :
- Auction - 15th December
- Commercial property
- Office
- Workshop
- Freehold