Lot 49 Commercial Town Centre Investment With PotentialAuction Date:
21st September 2022
1 Fore Street, Wellington, Somerset, TA21 8AA
Located in a prime position in the centre of Wellington, an attractive Somerset market town, is this three storey terraced building which has most recently been used as retail on the ground floor with office accommodation to the upper two levels.
The property has potential for conversion using Permitted Development or into multiple units, subject to all necessary consents being obtainable.
Ground Floor
Double-fronted window with access to the main retail area, inner hall, cashier room, rear lobby with fire escape, kitchen area and store room.
First Floor
Landing and large open office area.
Second Floor
Landing, ladies and gents W.C., reception room, inner hallway, storage cupboard and three offices.
Auctioneer's Note
For information relating to the rateable value and other available data go to www.gov.uk/correct-your-business-rates and enter the postcode for the property into the appropriate search field.
Local Planning Authority
Somerset West & Taunton Council. Tel: 0300 304 8000. Website: somersetwestandtaunton.gov.uk.
Freehold with 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
