Lot 65 - COMMERCIAL INVESTMENT WITH POTENTIAL

NOVEMBER AUCTION

A vacant freehold three storey terraced building which has most recently been used as office accommodation. Located conveniently for local amenities and having easy access to Torquay town centre.

The building offers an array of office/store rooms, with two internal staircases offering access to independent parts of the building and a further metal exterior staircase from each floor to an inner courtyard and double garage to rear lane.

The property has potential for conversion, using permitted development, or into multiple units, subject to all necessary consents being obtainable.

Ground Floor

Reception, three offices plus store room and cloakroom with W.C.

Staircase One

First Floor

Landing, office area and store cupboard. Kitchenette with access to garage.

Second Floor

Two offices/store rooms, lobby with shower and W.C.

Staircase Two

Accessed from the front reception as the door from road is currently blocked up.

First Floor

Landing, cloakroom with W.C., store room and L-shaped office.

Second Floor

Two offices.

Outside

Inner courtyard with access from all floors and integral double garage/store accessed from rear lane.

Auctioneer's Note

For information relating to the commercial elements 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

Torbay Council. Tel: 01803 207801. Website: torbay.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/