Lynmouth Street, Lynmouth, Devon, EX35
- PROPERTY TYPE
Apartment
- BEDROOMS
4
- 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
- FOR SALE BY ONLINE AUCTION
- Acting on behalf of the landlord’s family
- Shop circa 680 sq ft with a stock room over to the rear
- First Floor access to a 4 bedroom apartment
- Vacant apartment access via a rear pedestrian footpath
- In need of modernisation
- Of interest to owner occupiers or investors
- Shop let to an art gallery on month to month basis at monthly rental of £916.67
- Prime tourist trading location
- Close to the harbour at Lynmouth
Description
LOCATION
In a prime tourist holiday hotspot that attracts thousands of tourists every year. This pedestrianised thoroughfare is lined with independent retailers, gift shops and eateries connecting the top of the street down to the harbour.
This is the main shopping street in Lynmouth and is car-free, allowing pedestrians to freely explore the shops and cafes. The village stands where the East and West Lyn Rivers meet and meander down to the sea.
THE PROPERTY
This is a mid-terraced commercial shop with living quarters over. Freehold properties of this nature rarely become available in Lynmouth. Offered for sale as a 4 bedroom apartment in need of modernisation above a self-contained lock-up shop of about 680 sq ft plus stock rooms above the rear retail area, shop and stock rooms currently let on a month to month basis at a monthly rental of £916.67 trading as an art gallery. The vacant apartment is approached from the rear at first floor level via a shared pedestrian pathway via Granny's Lane and benefits from a large patio with decking and a conservatory. There are sea glimpses across the rooftops from the upper floor bedrooms.
SERVICES
All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting
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
£9,900 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
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.
TRADITIONAL ONLINE AUCTION INFORMATION
Please note: this property is for sale Via Webbers traditional online auction powered by Bamboo Auctions. 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. Auction end date and time: TBC
The auction registration process is simple and free. Please head to our website (Webbers.co.uk) and click on the ‘auctions’ tab. From here you can create an account, download the legal pack and complete the steps to bid if you wish.
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. 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.
BUYER’S PREMIUM & OTHER CHARGES
The winning buyer is charged a sum of £5,000. From this a buyers fee of £3,960 (including VAT) is retained by Webbers/Bamboo Auctions as a contribution towards online platform costs and £1,040 is payable towards the purchase price. On completion the Buyer will pay the sum of £x (including vat) to the Seller’s solicitors in reimbursement of search fees. Pre-Auction offers Some Vendors may consider offers prior to the auction. These offers can only be submitted via 'agents name' and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered. Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.
By foot upon approaching the main street in Lynmouth where the street forks, take the left hand fork and this is a pedestrian street.
The property is on the left hand side close to the bottom of the road and trades as Ashleigh Bishop Art Gallery.
Brochures
Particulars- 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
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Lynmouth Street, Lynmouth, Devon, EX35
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Visit our security centre to find out moreDisclaimer - Property reference COM250049. 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, Barnstaple. 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, Barnstaple on 01271 443477.
*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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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