About this property
FOR SALE BY ONLINE AUCTION
THURSDAY 3RD DECEMBER 2020
GUIDE PRICE £55,000+
Investment opportunity comprising parking spaces and additional land just off Devizes town centre. Comprising of 8 parking spaces some let at £650pa with potential overall income of about £5,200 per annum.
Situation & Description
Investment opportunity comprising parking spaces and additional land just off Devizes town centre.
Devizes provides an extensive range of everyday shops, including three major supermarkets, recreational and educational facilities. Schools in the area include Devizes School, Marlborough College, Dauntseys and St. Mary's in Calne. Marlborough is about 9 miles away and Bath, Bristol and Swindon are easily accessible and generally communication links are good with Pewsey and Chippenham stations giving direct access to London Paddington (about 1 hour). The A303 is 16 miles to the south and the M4 (Junction 15) is 18 miles away.
Comprising of 8 parking spaces some let at £650pa with potential overall income of about £5,200 per annum.
Aside from the 8 parking spaces there is a small parcel of garden land which could in the future provide another parking space. The retained parking spaces are allocated to the houses at the front of the site.
The roadway loops around the parking and both entrances are off Long Street. It also provides access for the parking areas and commercial property at the rear of the site which may have long term residential development potential.
You can download the legal packs via our website www.strakers.co.uk and going to the auction home page by using the services heading at the top of the page. Click on the light blue tab under the next auction date displayed on the calendar. This will produce a lot list, select a lot of interest, this pulls up further details on the property - on the right under the photos click View Legal Documents - You will need to sign-up by entering your email address and creating a password the first time but this will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.
Reserve & Guide Price
Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
33/34 Market Place Chippenham Wiltshire SN15 3HP