Property for sale in Bristol BS10, 0 Bedroom

Lot 191 - This lot is for sale by auction as lot 191 on Thursday 28th March 2019.

A Freehold Reversionary Ground Rent Investment (Approximately 34 Years Unexpired) secured upon a Mid Terrace Building arranged to provide a Ground Floor Shop together with a First and Second Floor Maisonette above. Reversions in 2053

Current Rent Reserved £61.50 per annum

Reversion in 2053

Tenure
Freehold.

Location
Crow Lane (B4057) is the continuation of Henbury Road, which in turn runs into Kings Weston Road. The property itself is situated on the north side of Crow Lane, almost opposite its junction with Monsdale Drive. Communications are afforded by the M5 Motorway (Junction 17). Rail services run from Parkway Station, providing services to both Taunton and Cardiff Central. Nearby retailers include Iceland, The Co-op Foodstore and Greggs.

Description
The property comprises a reversionary ground rent investment secured upon a mid terrace building arranged to provide a shop unit, together with a first and second floor maisonette above. There is an external store and a rear parking space.

Accommodation
The property was not internally inspected by Allsop. The following information was supplied by the Vendor. We are informed that the property provides:Ground Floor – Shop Unit, Kitchenette, WC, External Store AreaFirst and Second Floor – Maisonette

Tenancy
The entire property is let on a Fri lease in favour of St Peters Hospice Limited for a term of 99 years from 25th March 1954 (thus having approximately 34 years unexpired) at a current rent of £61.50 per annum.Nb. We understand the maisonette has been sublet for a term of 99 years (less 3 days) from 25th March 1954 at a ground rent of £30 per annum.

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.