Shop for sale
Features and description
- Tenure: Leasehold (982 years remaining)
- Retail unit
- Good location
- Kitchen & staff area
- For sale by auction.
- Thursday 20th March 2025 12pm
- Bid remotely via Livestream, in person or by proxy
- Auction Guide �65,000-�75,000
22 A self-contained double fronted mid terrace unit, suitable for a variety of retail or office uses, with open plan area to front, a lightweight partition creating a kitchen/staff area towards the rear and an accessible WC and fire exit at the rear.
The property forms part of a parade of 3 commercial units with 3 flats above and situated towards the northern part of Westbury town centre, just off the Market Place in Westbury and benefitting from good visibility to Fore Street A350. Good mix of local independent retailers and businesses nearby. Limited short-term parking available on the Market Place.
Sales/Office area 46.85sq m 504sq ft
Kitchen/Staff area 8.67 sq m 93sq ft
Net Interal area 55.52 sq m 597 sq ft
Measured in accordance with RICS Property Measurement Statement (2nd Edition).
Internal width varies from 7.39m (front) - 4.66m (rear) / 24’ 2” - 15’ 3”; Ave sales depth – 9.27m / 30’ 4”.
Available with Vacant Possession
Planning
We understand the unit benefits from consent for Class E – Retail, Restaurant and Service type uses. Not Listed but is within the Westbury Conservation Area.
Business Rates
A search on the Valuation Office Agency website reveals this unit has a Rateable Value of £6,400 (2023 List). This is not the rates payable – relief from rates may be available.
Completion
Completion has been set for 17th April 2025 or earlier by arrangement.
Registering to bid and Administration fee
Cooper and Tanner require all bidders who wish to bid at our Auction to register beforehand, whether you are intending on bidding in the room, by proxy or online. As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1350 inc VAT can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. All checks required by current anti-money laundering legislation must be satisfactorily completed, as part of the registration process before prior approval to bid will be granted; this will include providing proof of funds.
Deposit
Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours of the auction. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.
Solicitor
Mr Julian Alahakoon – Farnfields Shaftesbury.
Telephone –[use Contact Agent Button]
Services: We understand the unit benefits from connection to mains electricity, water and drainage. Services and appliances not tested.
Service charge: Current estimated charges from 1st April 2025 are approximately £285.00 per quarter for repairs and maintenance to common parts of the Building and Estate – further details available upon request .
Tenure:. Held on a virtual-Freehold basis with approx. 982 years remaining on the lease.
Local Council: Wiltshire Council
VAT: The purchase price is not subject to VAT
EPC: C
Viewing:. By appointment only Cooper and Tanner[use Contact Agent Button]
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