Sold prior to auction, for an undisclosed amount

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Freehold town centre mixed use building comprising former Burger King restaurant and upper parts (3,133 sq.ft, source VOA), development potential, vacant

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Description/Location

Situated in Queen Street opposite the junction with King Street the property comprises an extensive ground floor trade area (2,437 sq.ft) arranged as restaurant, kitchen, servery, staff facilities, customer toilets and storage. The first floor ancillary space has been used for storage but provides potential for a variety of uses subject to the necessary consents.

VAT IS APPLICABLE TO THIS LOT

Tenure

Freehold

Local Authority

Teignbridge District Council

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Please contact Charles Darrow Network Auctions on 01626 330022

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Virtual Tour 39 - 43 Queen Street

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.