Sold

GUIDE PRICE £250,000+

Cork & Bottle

3-5 Torquay Road, Paignton, Devon, TQ3 3DU

Lot 31

End of Terrace - Houses
Sold Prior to auction, for an undisclosed amount.

A 3 storey town centre public house (5104 sq ft, source EPC) incorporating a 4 bedroom managers flat and 2 self contained flats (1 x 2 bed, 1 x 3 bed), freehold, vacant.

Description/Location

The property is situated at the junction of Torquay Road and Bishops Place in the town centre and provides great potential for existing and alternative commercial use. Nearby operators include Halifax and Tesco Metro. The managers flat is arranged across the 2 upper floors, the 3 bedroom flat at first floor level with the 2 bedroom flat on the second floor.

VAT IS APPLICABLE TO THIS LOT

Tenure

Freehold, vacant possession.

Local Authority

Torbay Council01803 201201www.torbay.gov.uk

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Ground Floor: Extensive trade areas, servery and customer wc's. Basement: Beer cellar. First Floor: Managers flat (access via ground floor trade area) comprising hallway and stairs to second floor, living room, former trade kitchen. Flat 1 with independent access to rear, large hallway with kitchen units, living room, 3 bedrooms, bathroom, wc. Second Floor: Managers Flat (continued) 4 bedrooms, bathroom and wc. Flat 2 with independent rear access, large hallway, living room, 2 bedrooms, kitchen, bathroom and wc. Outside: Rear yard with potential for a parking space. Energy Rating : C/59

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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.