10 Bank Lane, Totnes
- PROPERTY TYPE
Detached
- BEDROOMS
3
- BATHROOMS
1
- 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
- Fantastic potential & redevelopment
- Off road private parking
- Town centre location
- 2 Flats & Commercial Studio
- In need of complete renovation
- No Onward Chain
Description
Situation
A fantastic opportunity to purchase a prime real estate property in the heart of Totnes within easy walking distance of Fore Street, private vehicle parking and courtyard and uninterrupted views across to Sharpham and rolling countryside beyond. Being of stone construction building converted into ground floor commercial accommodation with two residential units above. 10 Bank Lane comprises of a ground floor commercial unit with a series of interlinked rooms, with main staircase to the two residential flats above, while to the front there is a single story commercial studio with steps from the private courtyard and parking area.
Accommodation
Entrance lobby, interconnecting rooms with storage , boiler room and rear room. Central
staircase that leads up to the first floor. Flat one consists of a sitting room, bathroom, bedroom and kitchen and balcony over the ground floor studio. Flat two consists of a kitchen sitting room and bathroom and balcony over the ground floor entrance lobby.
Outside
The property has a courtyard area to the front, which has vehicular access from Victoria Street and would make a suitable parking space.
Viewings
Strictly by appointment only through Rendells Estate Agents, Tel: .
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Auction Processes and Fees
The property will be offered for sale by Online Traditional Auction (unless sold prior). The auction end date is 17:00hr on Monday 27th October. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
The successful purchaser(s) will be liable to pay the sum of £5,000.00. From this a buyer's fee of £3,600.00 inc. VAT is retained by Rendells/Bamboo as a contribution towards the online platform costs, and £1,400.00 is payable towards the purchase price Immediately after the auction.
An additional administration fee of £1,200.00 inc. VAT will be payable by the successful purchaser immediately after the auction to Rendells Estate Agents.
The successful purchaser shall pay the cost of the searches of £1,420.70 inc. VAT immediately after the auction to Rendells Estate Agents.
Deposit Payment
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amount paid online £1,400.00) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly.
Legal Pack
The legal pack is available online to be downloaded (via a tab on the online auction site) whilst a paper copy can be obtained from the Seller's Solicitors (who may charge for this service). This includes the searches and legal documents relating to the property. It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.
Special Conditions of Sale
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction
Information pack and in case of any inconsistencies the provision of the latter shall prevail. Special conditions of sale/auction
information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.
Brochures
Property BrochureFull Details- 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.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- 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
10 Bank Lane, Totnes
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Visit our security centre to find out moreDisclaimer - Property reference 11308756. 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 Rendells, Newton Abbot. 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 Rendells, Newton Abbot on 01626 242801.
*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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