



Lot 27 Commercial InvestmentAuction Date:
6th February 2025
20 The Strand, Dawlish, Devon, EX7 9PS
Currently let at £10,500 per annum
Key Features
A let ground floor double-fronted commercial premises situated in a predominant trading position in the town centre and close to the sea front and famous Dawlish Lawn.
Accommodation
Retail area, further retail area, store room and cloakroom W.C.
Tenancy
Let on a 15-year occupational lease from 26th March 2012, currently let at £10,500 per annum. There is a rent review every third anniversary of the lease period. Further details will be available for download in the legal documentation from the Clive Emson website.
Auctioneer’s Note 1
For information relating to the current ratable 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.
Auctioneer's Note 2
The neighbouring property of 18 The Strand is also being offered for sale by auction and features as Lot 93.
EPC Rating
E (114). Floor area 145 sq.m.
Tenure
Remainder of a 999-year lease from 2008, subject to a peppercorn rent. The Purchaser will be gifted simultaneously upon completion 25% share of the freehold.
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