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COMMERCIAL

London House, Market Street, TA18

Guide Price
£295,000
McKinlays Estate Agents, Crewkerne
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Freehold commercial building for sale
  • Prominent Market Street location
  • Currently arranged as three retail units
  • Vacant possession
  • Excellent redevelopment potential (STPP)
  • Suitable for investors and developers
  • Being sold via ‘Secure Sale’

Description

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £295,000

A rare opportunity to acquire a substantial freehold commercial building occupying a prominent corner position on Market Street, in the heart of Crewkerne’s established and thriving town centre.

Currently arranged as three separate ground floor retail units, the property offers exceptional flexibility for owner occupiers, investors or developers. It is sold with vacant possession and no onward chain, providing a clear route for immediate occupation, refurbishment or redevelopment.

Subject to the necessary planning consents, the building presents significant scope for alternative uses, including reconfiguration of the existing commercial layout, mixed use redevelopment, or residential conversion above or within the building. Its scale, position and frontage make it an attractive proposition for those seeking to maximise future potential.

Market Street is home to a strong mix of independent retailers, cafés, professional services and national occupiers, generating consistent pedestrian footfall throughout the day. Nearby multiple retailers include Hays Travel and Boots the Chemist, reinforcing the strength of the location.

Crewkerne is a vibrant South Somerset market town offering excellent amenities, supermarkets, schools and leisure facilities, together with convenient road links via the A30, A303 (6 miles) and onward connection to the M5 at Taunton (25 miles). Crewkerne railway station provides direct services to London Waterloo and Exeter, enhancing the town’s regional connectivity.

Whether you are looking to expand your commercial portfolio, occupy the premises for your own business, or unlock the site’s future development potential (subject to planning), this freehold property represents an exciting and increasingly rare opportunity in a strong town centre location.

Auctioneers Additional Comments 
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and 
are referred to below as 'The Auctioneer'. 
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction 
terms and overseen by the auctioneer in partnership with the marketing agent. 
The property is available to be viewed strictly by appointment only via the Marketing Agent or The 
Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. 
Please be aware that any enquiry, bid or viewing of the subject property will require your details being 
shared between both any marketing agent and The Auctioneer in order that all matters can be dealt 
with effectively. 
The property is being sold via a transparent online auction.  
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will 
be required to adhere to a verification of identity process in accordance with Anti Money Laundering 
procedures. Bids can be submitted at any time and from anywhere.  
Our verification process is in place to ensure that AML procedure are carried out in accordance with 
the law. 
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied 
by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will 
typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. 
These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold 
prior to the end of the auction. 
A Legal Pack associated with this particular property is available to view upon request and contains 
details relevant to the legal documentation enabling all interested parties to make an informed 
decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ 
commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding 
with any property and/or Land Title purchase. 
Auctioneers Additional Comments 
In order to secure the property and ensure commitment from the seller, upon exchange of contracts 
the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the 
purchase price of the property. The deposit will be a contribution to the purchase price. A non
refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc 
VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the 
agreed purchase price and consideration should be made by the purchaser in relation to any Stamp 
Duty Land Tax liability associated with overall purchase costs. 
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to 
pass their details to third party service suppliers, from which a referral fee may be obtained. There is 
no requirement or indeed obligation to use these recommended suppliers or services.

 
Roof type: Flat.

Mobile signal/coverage: Good.

Construction materials used: Brick and block.

Broadband internet type: FTTC (fibre to the cabinet).

Energy Performance Certificates

EPCEPCEPC

London House, Market Street, TA18

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Crewkerne Station1.1 miles

About McKinlays Estate Agents, Crewkerne

6 The George Shopping Centre Crewkerne TA18 7LU
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Notes

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Disclaimer - Property reference LHA. 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 McKinlays Estate Agents, Crewkerne. 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 McKinlays Estate Agents, Crewkerne on 01460 202694.

*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.”