Property for sale in Church Street, Axminster EX13

Iconic commercial premises with garden having Listed Building Consent for works of residential conversion (stfp)

For sale by Public Auction and via Livestream on Thursday 16th May 2024 at 2.00pm, at
The Guildhall, Axminster, EX13 5NX

The Property

The premises is Grade II Listed and provides accommodation over three floors with the southwest facing garden being a pleasant and unexpected surprise. The property can be viewed as a commercial investment opportunity from day one with the back-up plan of a residential conversion being highly likely in due course, see below.

Accommodation

Current
gf : Retail
ff : Storage
sf : Storage, kitchenette and WC

Proposed
gf : Sitting/dining room, kitchen, bedroom 3, shower room.
Ff : Large landing/study area, bedroom 2
sf : Bedroom 1 with en-suite wet room

Outside

To the rear of the property is a pleasant southwest facing and level garden.

Location

The property can be found in Church Street just off the town centre looking out over the Green to the Church of St Mary. It had been the home for many years of the Archway Bookshop, which moved about 100m to the refurbished Trinity House on the north side of Trinity Square in 2021.

Services

Mains water, electricity and drainage.

Tenure

Freehold

Local Authority

East Devon District Council

rv £4,550
It is likely that the property will benefit from small business rates relief subject to a qualifying occupation. Interested parties are advised to make their own enquiries with the Local Authority to ascertain the rates payable, if any.

Agent's Notes

The property benefits from a grant of Listed Building Consent under Application Ref: 23/1180/lbc for conversion to a characterful three bedroomed home, the master bedroom being en-suite on the top floor. However, residential development is currently embargoed in this location as evidenced by the refusal of application 23/1179/ful for full planning, essentially on the grounds of the River Axe and its Nitrate and Phosphate issues awaiting a solution. The conversion plans are available for inspection on the East Devon District Council Planning Portal, under both application numbers. For those with particular interest regarding the delegated report and decision notice for 23/1179/ful these are also available via the Planning Portal.

As at 25 March 2024.
Ultrafast broadband is available. Mobile phone coverage is available indoors and outside. Source: We are not aware of any planning applications in the postcode area that affect the property. Source: East Devon District Council.

Solicitors

Scott Rowe
Lyme Regis DT7 3QE