Terraced house for sale

56, Franklyn Street, St Pauls, Bristol BS2

For by Livestream Auction on 25th September 2024
Planning for both residential conversion and new build development

Former offices and builders yard with planning permission that offers both conversion and development opportunities.

Location • Immediate access to M32 and Motorway network
• Quiet Street in Central Bristol
• Temple Meads Train Station 2 miles
• Cabot Circus and all central amenities within walking distance
• Cabot Primary school 5 mins on foot
Accommodation The former offices have planning permission to be converted to Residential Use to include 5 bedrooms with living room, kitchen, bathroom and shower room. The former builders yard has planning permission to demolish the existing storage shed, store room and WC and construct a detached 3 bedroom bungalow. There is also an opportunity to convert the former offices into an HMO subject to necessary planning consents.

In fuller detail the accommodation comprises (all
measurements are approximate):
Ground floor


Hallway 4.49m x 0.91m
living room 4.22m into bay x 3.96m
dining room 5.05m x 3.86m
kitchen 4.16m x 2.77m
archway/access to yard not measured
First floor


Landing 5.13M X 1.68m
bedroom/office 8.06m X 3.91m
bedroom/office 5.01m X 3.61m
bedroom/office 4.33m X 3.01m
hallway 4.50m X 0.81m
shower room 1.86m X 1.34m
bedroom/office 2.79m X 2.59m
Tenure Freehold
Utilities We are advised by the sellers that the following services are connected:
• Water
• Drainage
• Electric
• Gas
Please visit the Ofcom mobile and broadband checker for availability of services.
Interested parties should satisfy themselves as to the suitability and availability of any services they may require.
Planning Reference22/01601/cou
Planning granted for change of use from Commercial, Business and Service (Use Class E) to Dwellinghouses (Use Class C3).

Reference22/04530/F
Planning granted to demolish existing metal storage shed, external store and WC in rear yard, and construction of 1 detached dwelling (Class C3) with associated car and cycle parking, landscaping and refuse storage facilities, and external alterations to end of terrace building.
Council Tax and Business Rates 56a Franklyn Street (being the 3 bedroom house) is council tax band A.

56 Franklyn Street (being the yard and first floor office over the archway) is subject to Business Rates. The Current Ratable Value is £5,300 meaning the property should qualify for Small Business Rate Relief subject to status.

It should be noted this is a mixed use property and will be subject to Stamp Duty Land Tax at the commercial rate.
Possession Vacant Possession upon completion.
Completion 28 days (20 working days)
Viewings By appointment with City and Rural Property Auctions.
Legal Pack The legal pack is a bundle of information, specific to this property which will include, but not limited to:

• Official Copy of Register of Title (Office Copy Entry)
• Local Authority Search
• Coal Mining Search
• Water & Drainage
• Environmental search
• Special Conditions of Sale
• Property Information Form
• Fixtures and Fittings Form

We recommend all elements of the legal pack are reviewed by your and your conveyancer before bidding. You are deemed to bid in full knowledge of the contents of the legal pack whether you have reviewed it or not.

Your attention is drawn to the Special Conditions of Sale within the Legal Pack, which detail other charges in addition to the sale price which you may be liable for. These costs may include, but not limited to, Search Fees, reimbursement of Sellers costs and Legal Fees as well as Transfer Costs.

The Legal Pack is available to download, free of charge, via the City and Rural Property Auctions website. By registering for Legal Pack you will be kept up to date of any changes that may occur in the build up to the auction.
Bidders Registration closes on 24th September 2024 You must register to bid to take part in the auction. Registering to bid is very simple, you must visit the City and Rural Property Auctions Website and click on the register to bid button (this feature is not available on Rightmove or Zoopla).
Step 1 – complete the online bidding form (this is the same form if you wish to do telephone or proxy bidding).
Step 2 – Upload your id and Proof of Address
Step 3 - Pay your security deposit of £6,500 (this places a hold on your debit card and no money will leave your account unless you are the successful purchaser).
Step 4 – you will receive a confirmation email you are ready to bid.

Good luck at the auction! Any outstand deposit balance must be transferred to us within 24 hours of the auction. If you are unsuccessful at the auction the hold on your debit card will be cancelled within 24 hours of the auction, although the exact date will be determined by the issuing bank.
Morgages and Bridging Finance There is finance available for virtually every lot, whether that’s a from a high street mortgage lender or from a short-term bridging finance company. We have a team of specialist auction third party mortgage brokers and finance providers that know the ins and outs of auctions, particularly the timescales required to complete, that are on hand to help. Please contact City and Rural Property Auctions for further details. Please note we may receive introductory fees from the broker for this service.

Tenure: See Legal Pack

EPC Rating: F

Terms:
Guide Prices & Reserves
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Plans, Maps and Photographs
The plans, floorplans, maps, photograph’s and video tours published on our website and in the catalogue are to aid identification of the property only. The plans are not to scale and should not be relied upon.

Consumer Protection Regulations 2008
City & Rural Property Auctions endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.

Anti Money Laundering Regulations.
Intending buyers will be asked to produce identification documentation either as part of the bidder registration process of if they make an acceptable pre-auction offer, we would ask for your co-operation in order that there will be no delay in agreeing the sale.