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Guide Price: £275,000.00

Modern Method of Auction

Chesswood , Fore Street , Castle Cary , BA7 7BG

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AUCTION SOLD

Lot Number: 24882601

Property ID: 70914188

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

Guide Price

£275,000.00

Method of Auction

Modern

Property Type

Commercial

Number Of Beds

3

Tenure

Freehold Property

Address

Chesswood

Key Features

*ONLINE AUCTION SET FOR THE 12th AUGUST* A mixed residential and commercial Grade II listed Period Property requiring modernisation and offering excellent scope for a character home with income

Description

Chesswood offers a rare opportunity to acquire a spacious Grade II listed building currently divided into two lock-up shops on the ground floor and a self-contained flat at first floor level which has access to a good sized garden and vehicular access at the rear off of Castle Rise.

Shop 1 (Denela's Bakery) has a current rent of £7,000 pa ~ Shop 2 (Pet Shop) will be coming vacant, but has a potential rental income of £8000 - £9000 pa.

The Flat occupies the entire first floor and comprises: ground floor entrance with stairs up to first floor landing/halls, 2 reception rooms, kitchen with door to porch and rear garden, 3 bedrooms and bathroom. It requires complete modernisation throughout.

Accessed off Castle Rise there is vehicular access with double gates and provides the opportunity with private parking. The good sized enclosed garden is in need of cultivation.

LOCATION Castle Cary is a small and very attractive country market town having a busy vibrant and thriving community, situated some 12 miles north-east of Yeovil and 24 miles south of Bath. It lies on the edge of rolling countryside between the Somerset Levels to the west and the high ridgeline of Penselwood to the east, halfway between the Mendip Hills and the Blackmore Vale. The main Paddington to Penzance railway line runs about a mile to the north.

WHOOBID This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE. Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid.

**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.


ADD IN FO Services: Mains Water, Electricity & Drainage.
Council Tax Band: Flat: B
Council Authority: South Somerset District Council -
Caution: NB All services and fittings mentioned in these particulars have NOT been tested and hence we cannot confirm that they are in working order
Energy Performance Certificate: Rated: Exempt listed property.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: BA7 7BG

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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