A retirement sale of long-established village garage, now in need of repair and redevelopment in a popular and central, semi-rural setting.  This former garage/workshop premises incorporating a two bedroom flat, together with two workshops bays to the front and rear and benefitting from a large forecourt and road frontage.  Excellent potential, subject to planning.

Situation

This central location just off the B3298 Scorrier to Lanner road, is small rural area known as Little Beside, between Chacewater and St Day.  The shop and amenities of St Day are approx. ½ a mile way and should cater for most daily requirements, with a convenience store, Port Office, public house and butcher shop.  Larger and more varied selection of shopping, schooling and health facilities are approx. 4 miles distant in Redruth, whilst for those travelling further afield the A30 is approx. 1½ miles away at Scorrier.  This area is interlaced by a plethora of footpaths and former mining tramways, some of which link Portreath on the north coast of Cornwall with Devoran on the south coast of Cornwall.

The Property

After some 34 years of trading at this property, the owner has put away his spanners and has decided to retire.  The property is still classed as garage/commercial premises and offers a wide variety of business opportunities, not least of which could be residential redevelopment.  The owner has not made any enquiries to the planning department.   

The building currently extends to 2,854 sq ft (265.1 sq m) of garage/workshop/store plus a two-bedroom flat.  Outside there is a generous and prominent forecourt and the property has the added benefit of rear access. 

Services: Mains electricity and water are connected to the property. 3 phase electricity in the workshop.  Private drainage.  None of these services have been tested and therefore no guarantees can be given.

Council Tax Band: Flat: A

Business Rates: We refer you to the government website https:// www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £7,700 (1 April 2023 to present)

EPC’s: Offices & workshops (163 sq m) E112 Domestic accommodation (68 sq m) F26                                                                                       

Wayleaves, Easements & Rights of Way: The sale will be subject to and with the benefit of all existing wayleaves, easements and rights of way as may exist.

Particulars & Plan: Whilst every care is taken in the preparation of these particulars, their accuracy is not guaranteed and they do not constitute any part of an offer or contract. Any intending purchaser/s must satisfy themselves by inspection or otherwise as to the correctness of these particulars.

Viewings: Strictly by appointment with the sole selling agent Lodge & Thomas  Tel: 01872 272722. Email: property@lodgeandthomas.co.uk

Directions: From the White Cross junction on the A30 follow the signs for Scorrier and pick up the B3298 signposted Falmouth.  After approximately X miles, shortly after passing through Tolgullow, turn left at the crossroads signposted Todpool and Crofthandy.  The property for sale will be found ¼ of a mile along this road on the right-hand side, identified by a Lodge & Thomas for sale board.

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GENERAL CONDITIONS OF SALE

Our online Auction partners are Bamboo Auctions – www.bambooauctions.com

SPECIAL CONDITION OF SALE The buyer will be required to reimburse the sellers the cost of the local searches etc which is £815.76.

METHOD OF SALE The property will be offered for sale by Online Traditional Auction. The Vendor reserves the right to withdraw or alter the property prior to the auction end date. The bidding page will be found on the Lodge & Thomas website under ‘Sales’ – ‘Online Property Auctions’.

AUCTION LEGAL PACK AND SPECIAL CONDITIONS OF SALE This will be available to download from our auction partners’ website free of charge to those who have registered. It is the Purchaser’s responsibility to make all necessary enquiries prior to the auction and we strongly recommend purchasers instruct a solicitor to assist. It will be the purchasers’ responsibility to reimburse the vendors costs for the provision of the Legal Pack on sale.

COMPLETION DATE Normally up to 28 days or sooner following exchange of contracts.

BUYER’S AND ADMINISTRATIVE FEES The successful Purchaser will be required to pay £5,000 on registration to bid. From this a Buyer’s fee of £3,600 inclusive of VAT is retained by Lodge & Thomas/Bamboo Auctions as a contribution toward the online platform costs, and £1,400 forms part of the 10% contract deposit. The purchaser will be required to pay the balance of the 10% contract deposit monies within 24 hours of the auction via their solicitor to the Vendors solicitor.

DEFINITION OF AUCTION GUIDE AND RESERVE PRICE Guide price(s) is an indication of the Seller’s expectations. Reserve price(s) is a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within the guide range. Guide prices and Reserve prices may change at any time prior to the auction.

ANTI-MONEY LAUNDERING ACT 2007 Under current Money Laundering Regulations 2007 it is a legal requirement for Estate Agents and Solicitors to perform due diligence checks to any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sale site and complete the ID checks. There is no charge for registration.