Detached house for sale in The Old Malthouse, Bartholomew Street East And, Land And Buildings, Exeter, Devon EX4

For sale by auction on Thursday, 09 May 2024 at 14:00

Venue: Live Stream

A Mixed Commercial And Residential Development Opportunity

A ‘local landmark’, this mixed use detached property consists of a restaurant and managers flat on the ground floor, a lower level offers a large function room, offices, toilets and storage rooms, whilst a rear extension houses the kitchen, food preparation area and store rooms. The first floor offers a 10 bedroomed apartment with kitchen, bathroom and living areas.

An additional plot is found to the rear, adjoining terraced properties on Napier Terrace, with full permission granted for the erection of a single 2 bedroomed dwelling.

Auctioneers note
Full planning details and related documents can be downloaded from the Planning section of the Exeter City Council website under references 20/1349/ful. And 20/1338/ful.

Accommodation
Originally a brewery, the property dates from the 1900’s and is being offered with full planning permission granted for the conversion into 7 separate one and two bedroom apartments (Planning Ref: 20/1349/ful).

An additional Plot of Land to the rear has full planning permission to build a 2 bedroom semi-detached property (Planning Ref: 20/1338/ful.)

The Malthouse is located next to the wooded copse of St Bartholomew’s, a short walk from the independent quarter of Mary Arches and Market Street, and the desirable Iron Bridge area of the city.

With Exeter College also a short distance away, the location of the property should appeal both to those looking to develop and sell individually or those looking to develop the property for AST or Airbnb purposes.

Restaurant

Kitchens

10 Bedroom Apartment

Manager's Flat

viewings
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.

Notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

EPC Rating: C65

Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.