VACANT MIXED COMMERCIAL AND RESIDENTIAL PROPERTY A fantastic investment opportunity to acquire this substantial three storey mid-terrace mixed commercial and residential property being located in a prominent trading position in the heart of Exmouth town Centre.
SummaryProperty type -Terraced
Tenure - Freehold
Bedrooms - 3
Bathrooms - 3
Council Tax Band A
The property briefly comprises a vacant ground floor retail premises with three self-contained apartments across the upper two floors and has the benefit of off-street parking to the rear for two vehicles. Without question this will appeal to both letting landlords and investors alike who will envisage creation of a high yielding rent machine or those who will consider the formal breakup and sale of the three residential flats for onwards sale.
ACCOMMODATIONResidential:-Ground floorAccessed from the rear: Stairs to upper floors.
First floorFlat 1: Bed/sitting room, kitchen, bathroom/WC.
Flat 2: Kitchen, living room, bedroom, bathroom/WC.
Second FloorFlat 3: Kitchen, living room, two bedrooms, bathroom/WC. Access to large attic space which offers further potential in terms of residential conversion, subject to all the necessary consents being obtainable.
Commercial:-Ground floor: Main retail area leading to storage room, cloakroom WC and kitchen areas.
Outside-Off-street parking for two vehicles.
TENURE-Freehold with vacant possession.
EPC Residential: Ratings: Flat 1: D; Flat 2: C; Flat 3: C; Commercial: Rating: D
WHAT3WORDS///risk.wages.rings
MOBILE & BROADBAND COVERAGEBroadband: Ultrafast available
Mobile: Likely outside. Limited inside depending upon provider.
Source: ofcom.org.uk
IMPORTANT INFORMATIONAll lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
AUCTION LEGAL PACK & FINANCECopies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
PRICE INFORMATIONGuides 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 price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide. Please check our website regularly at www.247propertyauctions.co.uk or contact us on 01395 247000 for up to date information. Following the fall of the hammer contracts are exchanged and there is no going back!
BEING SOLD BY TRADITIONAL AUCTION IN CONJUNCTION WITH 247 PROPERTY AUCTIONS.
Auction ends at 12 noon on Wednesday 5th March 2025
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Please Note
Items shown in photographs are not included unless specifically mentioned within the sales particular, they may be available by separate negotiations. Any services, heating systems, appliances or installations referred to in these particulars have not been tested and no warranty can be given that these are in working order. The photographs may have been taken using a wide angle lens.