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Property Listing Details

Property details

Features

  • Freehold
  • Auction sale
  • 16 December 2019
  • By Order Of Herefordshire Council
  • EPC Rating - n/a
  • To view: Please contact our office.

Listing view statistics

Last 30 days: 109 page views

Since listed: 109 page views

Description

Summary
auction sale 16 December 2019 - For more information and legal documents visit our website

description
Freehold commercial ground rent investment
Approximately 0.47 acre site
Tenure: Freehold

Location:
The Rotherwas Estate is a well established commercial location situated off the Straight Mile (B4399) in the Lower Bullingham suburb to the south east of Hereford city centre. Originally forming a 230 acres site acquired by Herefordshire County Council in the 1970s, the estate borders Wye Meadows and the Hereford Enterprise Zone, Skylon Park, providing an investment focus on advanced manufacturing, engineering, defence/security and business services in continuation of aspects historically associated with Hereford. Transport options include road links via the B4399, A49, A438 and M50, local bus routes and Hereford Rail Station.

Accommodation/site area: Commercial/industrial corner unit with parking and occupying approximately 0.47 acres in total. - Tenant: Trustees of Kinnaird Holdings Pension Scheme and Barnes and Sherwood (Trustee) Ltd - Lease: Lease of 99 years expiring 09/10/2087 - Rent: Nil

Important Notice:
For each Lot, a contract documentation fee of £1,150 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

Map & Nearby

Local Amenities

  • Hereford 1.9 miles
  • St James' CofE Primary School 1.3 miles
  • Hampton Dene Primary School 1.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Hereford 1.9 miles
  • St James' CofE Primary School 1.3 miles
  • Hampton Dene Primary School 1.3 miles
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Estimated running costs

Based on available 3rd party data

Approximate costs
£
per month

  • Mortgage £ p/m
  • Energy Not known
  • Home insurance Not known
  • Water Not known
  • Council tax Not known

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The Agent

Price history

Sold prices provided by Land Registry
29th Nov 2019 £25,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Barnard Marcus - Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Barnard Marcus - Auctions for full details and further information.