30 The Retreat Frome Somerset BA11 5JU

  • 30 The Retreat<br>Frome<br>Somerset<br>BA11 5JU

30 The Retreat
Frome
Somerset
BA11 5JU

Freehold Industrial Investment with Development Potential

  • Occupied by a carpenters workshop
  • Attractive and historic Somerset market town
  • Strategic location just 300 metres from Frome Railway Station
  • Potential for development (subject to planning and consents)
  • Site area of 0.06 ha (0.147 acres) with building of 1,353 sq ft
  • Lot
    33
  • Auction
    3rd November 2022
  • Rent
    £7,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £130,000
  • Auction Venue
    Live Streamed Auction
  • On the Instructions of Network Rail Infrastructure Limited
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Freehold Industrial Investment with Development Potential

  • Occupied by a carpenters workshop
  • Attractive and historic Somerset market town
  • Strategic location just 300 metres from Frome Railway Station
  • Potential for development (subject to planning and consents)
  • Site area of 0.06 ha (0.147 acres) with building of 1,353 sq ft
  • Lot 33
  • Auction 3rd November 2022
  • Rent £7,000 per Annum Exclusive
  • Status Sold
  • Price £130,000
  • Sector
    Industrial, Warehouse
  • Auction Venue
    Live Streamed Auction
  • On the Instructions of Network Rail Infrastructure Limited

Property Information

Location
Miles
15 miles south of Bath, 22 miles south east of Bristol, 29 miles north west of Salisbury
Roads
A36, B3090, B3092
Rail
Frome Railway Station
Air
Bristol Airport
Situation

Frome is an attractive and historic Somerset market town situated some 15 miles south of Bath. The town benefits from good road communications being situated close to the A36 Bath to Salisbury Road. The property is situated just off the main road running through Frome (A362), 300m away from Frome Railway Station. The immediate surrounding area is predominantly residential.

Tenure

Freehold.

Location
Miles
15 miles south of Bath, 22 miles south east of Bristol, 29 miles north west of Salisbury
Roads
A36, B3090, B3092
Rail
Frome Railway Station
Air
Bristol Airport
Situation

Frome is an attractive and historic Somerset market town situated some 15 miles south of Bath. The town benefits from good road communications being situated close to the A36 Bath to Salisbury Road. The property is situated just off the main road running through Frome (A362), 300m away from Frome Railway Station. The immediate surrounding area is predominantly residential.

Tenure

Freehold.

Description

The property comprises an industrial unit currently used as a carpenters workshop arranged over the ground floor. The property also benefits from a site area of 0.06 ha (0.147 acres).

VAT

VAT is applicable to this lot.

Planning

The property may benefit from future redevelopment for a variety of uses, subject to necessary consents/permissions and gaining vacant possession. Interested Parties are referred to Frome Town Council - www.frometowncouncil.gov.uk - 01373 465757

Completion Period

6 week completion

EPC

EPC: E

Description

The property comprises an industrial unit currently used as a carpenters workshop arranged over the ground floor. The property also benefits from a site area of 0.06 ha (0.147 acres).

VAT

VAT is applicable to this lot.

Planning

The property may benefit from future redevelopment for a variety of uses, subject to necessary consents/permissions and gaining vacant possession. Interested Parties are referred to Frome Town Council - www.frometowncouncil.gov.uk - 01373 465757

Completion Period

6 week completion

EPC

EPC: E

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
(Approx sq ft)
Licensee Term Rent p.a.x.
Ground Industrial/Warehouse
125.73 (1) (2)
(1,353) (1) (2)
AN INDIVIDUAL 1954 Act protected Tenancy Agreement commencing on 17 December 2001 with no term end date (3)
£7,000
Total  
125.73
(1,353)
   
£7,000

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)
(2) There is currently a mezzanine area at the property although this is not identified within the VO areas.
(3) See legal pack for more information

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Dentons UK and Middle East LLP Dentons UK and Middle East LLP, The Pinnacle, 170 Midsummer Boulevard
Milton Keynes
MK9 1FE
Charlotte Stevens 020 7320 3980charlotte.stevens@dentons.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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