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Lot 12 Click here for addendum

Vacant Shop & 2 Bed Flat
6 Week Completion

Situation

Located in this town centre retail thoroughfare, approx. 200 yards from the start of the pedestrianised section, adjacent to Savers and amongst such other multiple retailers as Millets, Spar, PDSA, Nationwide, Poundland, Santander, Specsavers, Sports Direct, Betfred, Ladbrokes and British Heart Foundation.
The Railway Station is under ½ mile distant.
Newton Abbot is a popular and attractive market town located between the A38 and the A380 some 13 miles south of the M5 (Junction 31) and 6 miles north-west of Torquay.

Property

A mid terraced building comprising a Ground Floor Shop with separate rear access to a Self-Contained 2 Bed Flat on the first and second floors which includes a spacious deck/terrace area.
The property includes 1 parking space accessed from Victoria Place.

VAT is NOT applicable to this Lot

Accommodation

Ground Floor Shop
Gross Frontage 20'6''
Built Depth 85'0''
Area Approx. 1,181 sq ft¹
WCs
First & Second Floor Flat
2 Bedrooms, Living Room, Kitchen, Bathroom/WC
Area Approx. 947 sq ft²

Plus 1 rear Parking space

¹Not inspected by Barnett Ross. Area taken from VOA.
²Not inspected by Barnett Ross. Area taken from EPC.

FREEHOLD offered with VACANT POSSESSION

VIdeo TOUR

Click here to view the video tour of the Shop.
Click here to view the video tour of the Flat.

Note 1: The shop and flat was previously let until 24th June 2024 to William Hill Organization Limited at £24,000 p.a.

Note 2: There may be potential to extend at rear first and second floor levels and add a third floor to create additional flats, subject to obtaining the necessary consents.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

25 Queen Street, Newton Abbot, Devon TQ12 2AQ