Property photos
Auction
Freehold
Guide price
£600,000
Land for sale
Potential Development Site - Hotwell Road, Hotwells, Bristol BS8Local area information
Property location
Nearby amenities
- Mardyke Ferry Landing 0.1 miles
- Bristol Marina Ferry Landing 0.1 miles
- St George Church of England Primary School 0.3 miles
- Queen Elizabeth's Hospital 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bristol to find out more about the local area.
Features and description
- Freehold
- Sold for £650,000 - 27 June Auction
- Prime site for redevelopment
- Superb location on Hotwell Road
- Potential for a block of flats, subject to consents
- 8-week completion
A parcel of land measuring approximately 800 m2, situated in a prime position on Hotwell Road offering significant potential for redevelopment. The site is currently utilised as a two storey former tool hire premises with forecourt and yard to the rear with garaging. The site is offered for sale with vacant possession.
The site is situated in a central location and offers potential for the erection of a 4 storey block of flats, subject to obtaining the necessary consents.
For Sale By Auction
This property is due to feature in our online auction on 27 June 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
Viewings
By appointment.
Summary
Sold for £650,000 - prime potential development site on hotwell road
Description
A parcel of land measuring approximately 800 m2, situated in a prime position on Hotwell Road offering significant potential for redevelopment. The site is currently utilised as a two storey former tool hire premises with forecourt and yard to the rear with garaging. The site is offered for sale with vacant possession.
Location
The property is situated on Hotwell Road within close proximity to Bristol's harbourside and the ss Great Britain. Easy access is provided to the City Centre, Clifton Village and a wide range of amenities on the harbourside and Wapping Wharf.
Current Accommodation
The two storey building measures approximately 2,025 ft2 (188sq meters), with additional garaging to the rear.
Business Rates
The Rateable Value with effect from April 2024 is £14,750.
Development Potential
Whilst no planning applications have been submitted, a number of similar sites in the immediate vicinity have been redeveloped to provide four storey blocks of flats and consequently we consider the site could be suitable for a similar scheme, subject to obtaining the necessary consents.
Local Authority
Bristol City Council.
Tenure
The site is offered for sale on a freehold basis. The property is currently let but the tenants have ceased trading from the premises and completion will be subject to vacant possession.
Completion
Completion for this lot will be the 1st October or sooner by mutual agreement, and subject to vacant possession.
Energy Performance Certificate (Epc)
Rating:
Letting - What Can Maggs & Allen Achieve For You?
Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on or email .
Auction Or Bridging Finance Required?
Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on or email
Buyer's Premium
Please be advised that all purchasers are subject to a £1,250 plus VAT (£1,500 inc VAT) buyer’s premium payable upon exchange of contracts.
*Guide Price
Guide Prices 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 Reserve Price (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.
Reserve Price
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Proxy, Telephone & Online Remote Bidding
The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, id (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
Preliminary Deposits
The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:
£1,000 - £150,000: £5,000
£151,000 and above: £10,000
If you bid is successful, the balance of the deposit monies and Buyer’s Premium (1,500 inc VAT) must be transferred to our client account within 24 houra of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.
Rental Estimates
All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.
The site is situated in a central location and offers potential for the erection of a 4 storey block of flats, subject to obtaining the necessary consents.
For Sale By Auction
This property is due to feature in our online auction on 27 June 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
Viewings
By appointment.
Summary
Sold for £650,000 - prime potential development site on hotwell road
Description
A parcel of land measuring approximately 800 m2, situated in a prime position on Hotwell Road offering significant potential for redevelopment. The site is currently utilised as a two storey former tool hire premises with forecourt and yard to the rear with garaging. The site is offered for sale with vacant possession.
Location
The property is situated on Hotwell Road within close proximity to Bristol's harbourside and the ss Great Britain. Easy access is provided to the City Centre, Clifton Village and a wide range of amenities on the harbourside and Wapping Wharf.
Current Accommodation
The two storey building measures approximately 2,025 ft2 (188sq meters), with additional garaging to the rear.
Business Rates
The Rateable Value with effect from April 2024 is £14,750.
Development Potential
Whilst no planning applications have been submitted, a number of similar sites in the immediate vicinity have been redeveloped to provide four storey blocks of flats and consequently we consider the site could be suitable for a similar scheme, subject to obtaining the necessary consents.
Local Authority
Bristol City Council.
Tenure
The site is offered for sale on a freehold basis. The property is currently let but the tenants have ceased trading from the premises and completion will be subject to vacant possession.
Completion
Completion for this lot will be the 1st October or sooner by mutual agreement, and subject to vacant possession.
Energy Performance Certificate (Epc)
Rating:
Letting - What Can Maggs & Allen Achieve For You?
Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on or email .
Auction Or Bridging Finance Required?
Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on or email
Buyer's Premium
Please be advised that all purchasers are subject to a £1,250 plus VAT (£1,500 inc VAT) buyer’s premium payable upon exchange of contracts.
*Guide Price
Guide Prices 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 Reserve Price (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.
Reserve Price
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Proxy, Telephone & Online Remote Bidding
The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, id (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
Preliminary Deposits
The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:
£1,000 - £150,000: £5,000
£151,000 and above: £10,000
If you bid is successful, the balance of the deposit monies and Buyer’s Premium (1,500 inc VAT) must be transferred to our client account within 24 houra of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.
Rental Estimates
All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.
Floor plans and tours
Floor plans (1)
More information
Listed by
Maggs & Allen
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