Lot 105 Town Centre Freehold Investment With PlanningAuction Date:
5th May 2022
Pitman House, 9 & 10 Silver Street, Trowbridge, Wiltshire, BA14 8AA
Located in the centre of Trowbridge, Wiltshire's county town, this imposing freehold building originally formed part of the Samuel Pitman factory.
The right-hand half of the property, which is number nine, is currently let, whilst the left-hand half, being number ten, was last in use as a restaurant but is currently vacant. Purchasers may look to let number ten to supplement the already healthy income from number nine, or there is planning consent for the upper parts of the whole building to be converted to form three flats whilst retaining the commercial elements on the ground floor.
9 Pitman Street
Tenancy
The ground floor shop and first floor offices are currently let under the terms of a Tenancy at Will at an annual rent of £22,000. A copy of the Tenancy Agreement will be available in the legal pack.
10 Pitman Street
Ground floor
Main dining area, commercial kitchen, store rooms, walk in fridge and customer toilets.
First Floor
Additional dining area, customer toilets, store rooms and ancillary accommodation.
Planning
Planning Permission has been granted by Wiltshire Council under reference 19/10846/FUL, dated 31st January 2020, for the change of use and alterations to first floor to provide three flats, subject to conditions.
A copy of the Planning Permission and accompanying documents may be downloaded from the Local Planning Authority website, Wiltshire Council, Website: wiltshire.gov.uk. Tel: 0300 456 0114.
Local Planning Authority
Wiltshire Council. Tel: 0300 456 0114. Website: wiltshire.gov.uk.
Freehold with Part Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
