Retail premises for sale in High Street, Bideford EX39

£250,000 (£250,000/sq. ft)
Interested in this property? Call +44 1271 618961 * or Request Details

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Retail premises for sale

1 sq. ft*

Property description

For sale by online auction


Auction ends Friday 26th of April 2024 at 12 noon.


Proposal


The property will be offered for sale by online auction with a price guide in excess of £250,000. All offers will be considered beforehand.


The property


Grade II Listed building which has been lovingly looked after by the retiring owners over the last 40 years. The property is surprisingly spacious with 3 apartments over the ground floor launderette. In addition there is a small rear yard and rear garden. There is no parking but there are public car parks nearby in Allhalland Street.


The proposal


We are selling the property as a mixed residential and commercial investment. The ground floor is let on a commercial lease and the three apartments are all fully let. Copies of the tenancy agreements are available upon request after inspection by seriously interested parties. For the complete rent schedule please contact the agents.


Agents note


The current rent has not been increased for many years, therefore a purchaser has the opportunity to revise the rents accordingly.


Solicitors


For the legal pack contact the owners’ solicitors: Messrs Brewer Harding & Rowe, 1 The Square Barnstaple EX32 8LS. Greg Cloke Email: Telephone:


Traditional online auction information


Please note: This property is for sale by traditional online auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at this price.


Pricing information


The guide price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the guide price amount. Webbers and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.


Buyers premium & other charges


The winning buyer is charged a sum of £5,000. From this a buyers fee of £3,600 (including VAT) is retained by Webbers/Bamboo Auctions as a contribution towards online platform costs and £1,400 is payable towards the purchase price. On completion the Buyer will pay the sum of £450.03 to the Seller’s solicitors in reimbursement of search fees.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Webbers Commercial, EX31 on +44 1271 618961 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Webbers Commercial, and do not constitute property particulars. Please contact Webbers Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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