Lot 41

FORMER PUBLIC HOUSE WITH PLANNING APPROVAL

The Kings Arms, Park Street, Crediton, Devon, EX17 3EH
Guide Price £220,000 – £240,000 * + Fees

Viewing by arrangement with Clive Emson Auctioneers

Situated within the historic town of Crediton and conveniently located for local amenities, this double fronted former public house offers ample accommodation over three floors and includes staff accommodation. The premises offers potential for continued use as a public house following a programme of refurbishment.

Alternatively, planning approval has been granted, for the creation of five, two-bedrooms units with associated outdoor space and cycle stores, subject to conditions.

Individuals may also wish to consider alternative re-development schemes including conversion into a single dwelling or semi-detached houses, subject to all necessary consents being obtainable.

Existing Accommodation

Ground Floor

Principal bar and seating area, skittles alley and separate ladies and gents cloakrooms with W.C.s.

Lower Ground Floor

Snooker room with bar area, kitchen, two cellar rooms, store room and separate ladies and gents cloakrooms with W.C.s. Three further rooms.

First Floor

Landing, three bedrooms, living room and study.

Outside

Courtyard.

Staff Accommodation

Lower Ground Floor

Kitchen, shower room with W.C.

Ground Floor

Bedroom/living room.

AuctioneerÂ’s Note 1

The accommodation details have been obtained from architect drawings.

Auctioneer's Note 2

The EPC (now expired) for the property stated the total floor area to be 473 sq.m. The EPC rating stated for the property was E (114).

Planning

Planning Permission has been granted by Mid Devon District Council, under ref: 19/01481/FULL, dated 20th March 2020, for the conversion of public house into five dwellings and demolition of existing toilet block, pub kitchen and toilets above, subject to conditions.

A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or the Local Planning Authority website.

Local Planning Authority

Mid Devon District Council. Tel: 01884 255255. Website: middevon.gov.uk.

Freehold with Vacant Possession

The Kings Arms, Park Street, Crediton, Devon
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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/