Lot 136 Freehold Mixed Residential And Commercial Property With PotentialAuction Date:
21st September 2022
29 Fore Street, Cullompton, Devon, EX15 1JS
A deceptively large mixed residential and commercial building for updating which is located in the heart of Cullompton, a popular mid Devon town which is situated on junction 27 of the M5 with Exeter only 11 miles southbound.
The asset comprises of a large ground floor double fronted commercial unit with ancillary and further rooms to the rear. The upper floors have independent access and offers a spacious three bedroom maisonette arranged over two floors. There is also a workshop and garage with a detached garden located close by.
The property is likely to appeal to mixed use investors and owner occupiers as well as builders who may look to sub-divide further and to look at the prospect of further development of the garage and workshop to the rear, subject to all necessary consents being obtainable.
Commercial
Ground Floor
Lock up retail space, office area, changing room, kitchenette, cloakroom/W.C. and store room with shower cubicle.
Maisonette
Ground Floor
Independent side access to inner hall.
First Floor
Kitchen, dining room, inner hall, bathroom, cloakroom/W.C., hallway, bedroom and living room.
Second Floor
Landing, two bedrooms.
Outside
To the rear of the property is a workshop and garage with parking for two cars, private path giving pedestrian access to an enclosed detached mature garden.
Council Tax Band B
Auctioneer's Note
For information relating to the commercial element's retail value and other available data, visit www.gov.uk/correct-your-business-rates and enter the postcode of the property.
Local Planning Authority
Mid Devon District Council. Website: middevon.gov.uk Tel: 01884 255255.
Freehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
