Sold for £325,500

A large freehold site comprising 2 storey buildings arranged as ground floor workshop, garage and store with offices above (669 sqm / 7201 sq ft, source EPC) and a plot of approximately 0.25 acres. Development potential, vacant.

Description/Location

Previously let to a funeral director at £24,000 pa the property occupies a prominent roadside site a short distance from the town centre. The buildings could easily be reconfigured to provide several smaller units generating a higher rental income and there is good potential for a variety of alternative uses subject to planning.

Tenure

Freehold
EPC rating G

Local Authority

South Hams District Council

Viewing

Please contact Charles Darrow Network Auctions on 01626 330022

Accommodation

Ground Floor: Reception office, garage area with separate WC and access to loft space, 2 store rooms, hallway leading to 4 further store rooms and 2 staircases to the first floor. First Floor: Staff areas including a kitchen, lounge room, bathroom, 3 office spaces and a secondary loft store area. Outside: Land to the rear of the property Auctioneers Note: Multiple rooms on the ground floor have stud walling. The vendors have informed us that prior to this being installed it was possible to drive through the front sliding garage doors directly through to the land at the rear

Rent

Previous rent £24,000 per annum

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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.