High Street, Bideford, Devon, EX39
- PROPERTY TYPE
Apartment
- BEDROOMS
5
- BATHROOMS
3
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Mixed commercial/residential investment sale
- High Street location
- In the river port town of Bideford
- 3 Flats plus ground floor shop
- All fully let - rent circa £26,639 per annum with scope to increase
- A well cared for Grade II listed property
- Genuine retirement sale by the owners
Description
AUCTION ENDS FRIDAY 31ST OF MAY 2024 AT 12 NOON.
PROPOSAL
The property will be offered for sale by online auction with a price guide in excess of £225,000. 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.
From our Webbers offices in Bideford turn left, proceed down Mill Street to the junction with the High Street. Turn right up the hill and continue for about 100 yards and the premises can be found on the left hand side being the Bideford Launderette with flats over.
Launderette
4.37m x 11.58m
This measurement includes the rear service area.
Counter Servery
4.57m x 3.84m
Inner Rear Hallway
Boiler Room
3.7m x 3.45m
Staff Area
7.62m x 2.06m
With service door to rear. Sink unit and laminated work surfaces.
Stock Area
5.3m x 1.85m
With Staff Cloakroom with wash basin. Door to rear yard and upper garden area beyond.
Store
2.36m x 2.64m
Residential Accommodation
Hallway
With built in wall cupboard with electric meters.
Staits to First Floor
Rear Flat
Bedroom One
4.75m x 2.97m
Lounge
5.36m x 3.68m
Kitchen
5.23m x 5.49m
Door to outside and built in cupboard.
First Floor Flat
Lobby
Rear Open Plan Kitchen/Diner/Lounge area
4.65m x 3.4m
Bathroom WC
Bedroom One
4.72m x 2.34m
Bedroom Two / Lounge
4.72m x 2.77m
Stairs to Second Floor Top Flat
Large Inner Lobby Area
Lounge
3.63m x 3.05m
Bedroom One
3.86m x 2.57m
Kitchen
2.44m x 2.72m
Bathroom /WC
Bedroom Two
3.28m x 3.3m
OUTSIDE
This property is pavement fronting and to the rear is a pathway with steps giving access to a garden in a natural state with a garden shed which needs attention.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
RATEABLE VALUE
£6,600 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
COUNCIL TAX BAND
A- Torridge District Council
WEBBERS DO NOT JUST SELL HOUSES
Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site or call our office on .
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
Brochures
ParticularsEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
High Street, Bideford, Devon, EX39
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Barnstaple Station7.4 miles
About the agent
Webbers Property Services, Bideford
43 Mill Street, Bideford, Devon, EX39 2JT
The Ancient Port and Market Town of Bideford straddles the river Torridge about 9 miles South West of Barnstaple. Historically the town was one of the most prosperous trading centres in the land and now with a population of about 12000 has a wide range of facilities.
Notes
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Visit our security centre to find out moreDisclaimer - Property reference COM240018. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers Property Services, Bideford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Webbers Property Services, Bideford on 01237 871237.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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