Lot 137

VACANT MIXED COMMERCIAL AND RESIDENTIAL PROPERTY WITH DEVELOPMENT POTENTIAL

26 Mill Street, Ottery St Mary, Devon, EX11 1AD
26 Mill Street, Ottery St Mary, Devon, EX11 1AD
Sold £161,000

A deceptively large mixed commercial and residential building located in the heart of the popular market town of Ottery St Mary. Originally two units, a terraced property to the front and "The Old Village Hall" to the rear, both are now integrated. It comprises a large ground floor commercial premises, previously a convenience store, whilst occupying the front portion of the first floor is a self-contained two-bedroom flat requiring updating with access from Tar Lane. To the rear of the building's first floor is a vacant store room.

The property is likely to appeal to mixed use investors and owner occupiers as well as those who may separate the two components for re-sale or re-develop the existing building (particularly the store room), subject to all necessary consents being obtainable.

Commercial

Ground Floor

Extensive floorspace with rear storage, kitchenette, cloakroom W.C., lobby with stairs to first floor and access to Tar Lane.

Rear First Floor

Large storeroom with office.

Residential

Front of First Floor

Living room, kitchen, bathroom and two bedrooms.

Outside

External steps to roof terrace giving access to first floor flat and store.

Auctioneer's Note

For information relating to the commercial elementÂ’s rateable value and other available data go to www.gov.uk/correct-your-business-rates and enter the postcode for the property into the appropriate search field.

Local Planning Authority

East Devon District Council. Tel: 01395 516551. Website: eastdevon.gov.uk.

Freehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/