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Lot 16

Car Park & Rear Garden with Planning for a 20 Space Car Park
6 week completion

SITUATION

Located at the junction with Lower North Street amongst nearby occupiers such as Tesco Express, Post Office, Weston Hospicecare and a range of independent retailers.
Cheddar is located on the southern edge of the Mendip Hills, approx. 9 miles north-west of Wells and 20 miles south-west of Bristol with access to the M5 motorway via the A371 and A38.

PROPERTY

A Car Park and Rear Garden (see 'Planning' section).

ACCOMMODATION¹

Car Park and Rear Garden
Car Park Area Approx. 2,427 sq ft
Rear Garden Area Approx. 6,439 sq ft

Total Area Approx. 8,866 sq ft

¹Not inspected by Barnett Ross. Area taken from Find Maps.

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION, subject to rights to access over the Car Park for the parking spaces allocated to the Former Bank (see Lot 14) and the 2 Cottages (see Lot 15).

PLANNING FOR CHANGE OF USE FROM REAR GARDEN TO CAR PARK

On 15th August 2024, Planning Permission was granted by Somerset Council for converting the Rear Garden to 'Formation of 20no. new parking spaces and partial demolition of existing wall providing access to whole site', Planning Ref: 17/23/00064.

The Planning would enable the current Rear Garden to be used in conjunction with the Rear Car Park behind the Former Lloyds Bank and 2 Cottages to create a car park for 20 cars although 4 of these spaces are being sold with the Former Bank building (see Lot 14).

Click here to view the Planning Documentation and Plans.

Note: We are also offering the adjoining former bank and 2 cottages in this auction – see Lots 14 & 15.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

Car Park and Rear Garden, Bath Street, Cheddar, Somerset BS27 3AB