Lot 23 Vacant Commercial Unit With Freehold InvestmentAuction Date:
11th December 2024
Clare House, 2 Lyme Street, Axminster, Devon, EX13 5AU
A substantial freehold town centre three storey property in a prominent location within the retail heart of Axminster and close to all local amenities.
The property is offered with a vacant former salon (retail unit A1/A2 use) to the ground floor with the upper two floors and rear tenement having four flats, each sold away on long leases.
Ground Floor Shop
Retail/salon area, office/treatment room and cloakroom/W.C.
Outside
Parking to the rear.
EPC Rating
D (77) Floor area 26 sq.m.
First & Second Floors and Rear Tenement
Flats 1-4
Tenure
Each sold away on long leases. Further details will be available within the legal documentation which can be downloaded from the Clive Emson website.
Auctioneer’s Note 1
Section 5B Notices under the Landlord and Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under this legislation.
Auctioneer’s Note 2
For information relating to the commercial element’s rateable value and other available data go to https://www.tax.service.gov.uk/business-rates-find/search and enter the postcode for the property into the appropriate search field.
Freehold with Vacant Part 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
