• ONLINE AUCTION +
• Shop & Flat +
• Two bedrooms +
• Double glazing +
• Great investment opportunity +
• Outside space +
• Vacant possession +
• Close to amenities +

AVAILABLE VIA ONLINE AUCTION 21/10/24- shop/lock up with 2 bedroom flat above.

The flat is equipped with a single kitchen and reception room, both designed in an open-plan style that promotes a sense of spaciousness and fluidity. Exposed beams and double glazing are among the distinctive attributes of this property, complemented by electric heating for comfort during the colder seasons.

One of the highlights of this property is the potential for income generation from a shop situated below the flat. This adds a unique charm and a promising opportunity for the new owner.

Flat Energy Performance Rating D
Shop Energy Performance Rating C

Auctioneer Comments - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements, The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

AUCTION END DATE 4TH NOVEMBER 2024

• For Sale by Modern Auction – T & C’s apply
• Subject to Reserve Price
• Buyers fees apply
• The Modern Method of Auction

Ilfracombe is situated along some of North Devon's most attractive and rugged coastline and has easy access to superb rolling countryside including the Exmoor National Park, the town is particularly renowned for its delightful harbour and quayside as well as Promenade with Landmark Theatre and pleasure gardens. Some amenities include New Water sports Hub, RNLI station, Building Society, Library, Post Office, Schools and Cinema and provides nationalised shops and three major supermarket chains Tesco, Lidl and The Co- operative.
Local sandy beaches include the award winning Woolacombe Beach along with Saunton, Putsborough and Croyde which are also close to hand and attract thousands of visitors each year. The regional centre of Barnstaple is North Devon's historical capital and is approximately 13 miles away and it's acclaimed shopping precinct homes many brand name High Street shops, banks and restaurants. Barnstaple Train Station connects to the inter-city rail network in Exeter. The North Devon Link Road A361 gives fast access to the M5 Motorway Junction 27 (Tiverton).

Directions
With our office on your left hand side, proceed along the High Street passing the garage. Where the property will be approximately 100 yards on your right hand side, clearly displayed with a 'FOR SALE BOARD'.