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The Old Malthouse, Bartholomew Street East and, Land and Buildings, Exeter, Devon EX4 3BG

Guide Price
£375,000
Auction House, South West
PROPERTY TYPE

Residential Development

SIZE

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Key features

  • Current EPC Rating 65C
  • For Sale Via Online Unconditional Livestream Auction On 9th May 2024 At 2:00pm
  • Detached Mixed-Use Property For Redevelopment
  • Planning Permission For Seven 1 And 2 Bedroom Apartments
  • Additional Plot Of Land With FPP To Build 2 Bedroom Semi-Detached Property
  • City Centre Location
  • Online Legal Pack Available To Download Free Of Charge Via Our Website
  • Bidder Registration Available Via Our Website
  • See Additional Fee Note And Sales Memorandum In Our Legal Pack

Description

*Guide Price £375,000 (+ fees). For Sale via Online Unconditional Livestream Auction on 09/05/2024 at 2pm. A mixed commercial and residential development opportunity in Exeter, Devon with additional building plot, both with FULL PLANNING PERMISSION although could be used for a variety of uses. Full legal pack available to download via our website.

A Mixed Commercial And Residential Development Opportunity

A ‘local landmark’, this mixed use detached property consists of a restaurant and managers flat on the ground floor, a lower level offers a large function room, offices, toilets and storage rooms, whilst a rear extension houses the kitchen, food preparation area and store rooms. The first floor offers a 10 bedroomed apartment with kitchen, bathroom and living areas.

An additional plot is found to the rear, adjoining terraced properties on Napier Terrace, with FULL PERMISSION granted for the erection of a single 2 bedroomed dwelling.

AUCTIONEERS NOTE Full planning details and related documents can be downloaded from the Planning section of the Exeter City Council website under references 20/1349/FUL. and 20/1338/FUL.
ACCOMMODATION Originally a brewery, the property dates from the 1900’s and is being offered with FULL PLANNING permission granted for the conversion into 7 separate one and two bedroom apartments (Planning Ref: 20/1349/FUL).

An additional Plot of Land to the rear has FULL PLANNING PERMISSION to build a 2 bedroom semi-detached property (Planning Ref: 20/1338/FUL.)

The Malthouse is located next to the wooded copse of St Bartholomew’s, a short walk from the independent quarter of Mary Arches and Market Street, and the desirable Iron Bridge area of the city.

With Exeter College also a short distance away, the location of the property should appeal both to those looking to develop and sell individually or those looking to develop the property for AST or Airbnb purposes.

Restaurant
Kitchens
10 Bedroom Apartment
Manager's Flat
VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.
NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

Tenure: Freehold

EPC Rating: C65

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

The Old Malthouse, Bartholomew Street East and, Land and Buildings, Exeter, Devon EX4 3BG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Exeter Central Station0.2 miles
  • Exeter St. Thomas Station0.5 miles
  • Exeter St. Davids Station0.6 miles

About the agent

Auction House, South West

Suite 204B, Second Floor, Studio 5-11, Millbay Road, Plymouth, Devon, PL1 3LF

Auction House, South West

Auction House South West are specialist Land and Property auctioneers that bring independence and expertise to the sector. We are part of the highly successful nationwide Auction House network, with 35 auction rooms across England, Scotland & Wales. Since beginning in 2007, we have always been acutely aware that doing right by our clients is the only way to grow a healthy and sustainable business. Having now sold over 40,000 properties with a collective value of £4.8 Billion, our client base

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202306081612sq_b732. 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 Auction House, South West. 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 Auction House, South West on 01752 741383.

*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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