LOT
7

Part Of Grd,1st Floor &2nd Floor, 84 High Street, Bideford,devon EX39 2AL

£125,000+*
Guide price (+ fees)

About this property

A first and second floors leasehold development opportunity currently comprising of commercial office space, with the benefit of a Grant of Conditional Planning Permission already in place, under application number 1/0510/2016/FUL, granted on the 17th August 2016, for 'Proposed change of use from offices to five units of residential accommodation'. Interested parties must make and rely upon their own planning enquries of Torridge District Council.

Addendum To Printed Catalogue

Correct lot name: Part of Ground and First Floors and Second Floor, 84 High Street, Bideford, Devon EX39 2AL
EPC Rating G


Location

The Market Town of Bideford is situated approximately 9 miles from Barnstaple the Regional Centre of North Devon and has a full range of comprehensive shopping facilities, banks and leisure amenities. The town has easy access from the North Devon Link Road to the M5 Motorway at Tiverton Junction 27. There are nearby places of interest, Westward Ho with its long sandy beach and seaside village as well as the Royal North Devon Championship Golf Course within the Northam Burrows. There are also numerous coves and beaches nearby with the Tarka Trail being within easy access.

Proposed Accommodation

Planning Consent to convert into four one bedroom apartments and a two bedroom apartment, arranged over the first and second floors.

Planning

Interested parties must make and rely upon their own planning enquiries of Torridge District Council.

EPC

To be confirmed.

Auction Valuer

Wendy Alexander

Viewings

Strictly by appointment only with Countrywide Property Auctions on 0151 734 7509

Notes

For the avoidance of doubt the property being offered for sale comprises of the upper floors of the premises only and not Barclays Bank. It is understood that the property has the benefit of the remainder of a 125 year lease, with a ground rent of £250 per annum, doubling every 25 years. Interested parties must make and rely upon the leasehold information supplied in the legal pack as to the length of term remaining and the schedule for the increase of ground rent.

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Part Of Grd,1st Floor &2nd Floor, 84 High Street, Bideford,devon EX39 2AL

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* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyers Fee

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).