Commercial Property in Frome

Olympic House, Whitworth Road, Frome BA11 4BY
  • Property Type: Commercial Property
  • Contract Type: Unconditional with Variable Fee

Guide Price* £500,000+ plus fees

Property Description

A detached industrial unit arranged with offices and workshops. The building is likely to date from the 1970s, predominantly arranged over a single storey with a two storey section to part of the front elevation. The building is a steel portal framed infilled with brick/blockwork. There is a concertina loading door which measures 4.8 m (w) x 2.3 m (h). The offices incorporate kitchen and toilet facilities. The property is located approximately 15 miles south of Bath, 25 miles southeast of Bristol, 67 miles southeast of Cardiff, 118 miles south of Birmingham and 112 miles west of London. Frome railway station is situated approximately 0.7 miles to the northeast of the property. From Frome there are direct services to Westbury (10 mins), Salisbury (41 mins) and Bristol Temple Meads (1 hour 14 mins). The property is within the Marston Trading Estate, which lies on the southern outskirts of the town just to the north of the A361 Glastonbury and Shepton Mallet to Trowbridge and Melksham road and just to the west of the B3092 Frome to Shaftesbury Road. The property is located in Somerset Council, approximately 11 miles to the south of Bath. The property has direct access on to the public highway (Whitworth Road) which we have assumed is adopted and maintained at public expense.

Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 10th December 2024

Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

Olympic House, Whitworth Road, Frome BA11 4BY