An industrial site in Midlands and its adjacent yard are both up for sale in Bond Wolfe’s July auction, with a combined starting price of £730,000+.
Eaton Works, on Althorpe Street in Leamington Spa, is a 1970s two-storey industrial building with a combination of workshop, storage and office accommodation, and it has a £545,000+ guide price in the livestreamed auction on Thursday 10 July.
The yard adjacent to Eaton Works, a roughly rectangular-shaped storage yard extending to 0.134 acres, is also in the auction with a £185,000+ guide price.
James Mattin, managing director and auctioneer at Bond Wolfe, said: “Both properties are being offered for sale in association with Holt Commercial.
“Eaton Works is a traditional industrial building, extending to 8,294 sq ft, with access points both to the ground and first floors for storage purposes.
“The unit is of brick construction with high level windows to both floors. The property is flat roofed. Externally there is parking for five or six vehicles.
“It is understood that single and three phase electricity, gas, water and drainage services are connected to the property.
“This yard area is considered suitable for a variety of uses, subject to obtaining the necessary planning consent.
“Interested parties must make their own enquiries of the local planning authority, Warwick District Council, in respect of planning and independently satisfy themselves as to the suitability of the property and site for any use or development they may propose.”
The properties are on Althorpe Street, south of Leamington Spa town centre. It is directly accessible to the Parade - the main town centre/retail area of Leamington Spa.
The town’s railway station is five minutes’ walk, while Junctions 14 and 15 of the M40 are three miles away and provide excellent access to the national motorway network
Offers in excess of the guide prices may be considered prior to the auction sale.
Eaton Works and its yard will be among scores of lots appearing in Bond Wolfe’s next auction which is due to start at 8.30am on Thursday 10 July.
The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.
For more details and to register to bid visit https://www.bondwolfe.com/auctions/properties/, email auctions@bondwolfe.com or call or call 0121 312 1212 or 01902 928 510.