Basement Car Park at Premier Inn, Southernhay Gardens, Exeter, Devon, EX1 1UH
- PROPERTY TYPE
Commercial Development
- SIZE
Ask agent
Key features
- On the instructions of the Joint Fixed Charge Receivers
- Leasehold basement city centre car park
- c.150 car parking spaces plus motorbike and bicycle parking
- Lift access to the Premier Inn
- Separate internal lift between the car park levels
- Vacant possession
Description
For sale by online auction , registration is now open. Bidding opens on 26/03/2026 10:00 and ends on 26/03/2026 13:15.
DescriptionThe basement car park is arranged over four levels providing c.150 car parking spaces plus motorcycle and bicycle parking. The standard size of a car parking space has increased since the property was developed, so bringing the car park up to standard will reduce the number of car parking spaces. It benefits from lift access to the Premier Inn reception as well as an internal lift between the floors. The lift apparatus has not been tested. It is currently not in operation and will need to be serviced and recommissioned in partnership with the Landlord.
The car park is able to be operated 24 hours a day, although any buyer will need to install an access control system.
Due to the design of the hotel and car park, the Landlord/Premier Inn retains overall responsibility for the repair and maintenance of the structural parts of the building of which the car park forms part of the wider estate, with the costs being recoverable by the Landlord through service charge.
There is water ingress into the car park, and the electricity has been turned off as this needs to be tested and may need reinstating. Interested parties should make their own further enquiries.
LocationThe ancient city of Exeter is located on the River Exe approximately 32 miles south-west of Taunton, 11 miles north-west of Exmouth and 45 miles north-east of Plymouth. The city is accessible via the A380, A30 and A377 trunk roads, with the M5 motorway (Junctions 30 & 31) providing access to the north-east up to Bristol. Exeter Airport is located approximately 6 miles to the east of the city centre.
The property is accessed from Southernhay Gardens on the edge of the city centre, adjacent to Exeter Law Courts and the main city centre office developments around Southernhay. The car park sits below the Premier Inn. All city centre amenities are available within a short walk of the property.
Brochures
Legal DocumentsOnline BiddingBasement Car Park at Premier Inn, Southernhay Gardens, Exeter, Devon, EX1 1UH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Exeter Central Station0.5 miles
- St James Park Station0.7 miles
- Exeter St. Thomas Station0.7 miles
Notes
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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 SW Property Auctions, London on 020 7123 9277.
*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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