- Commercial and Residential Property +
- Prominent Trading Position +
- Heart Of Exmouth Town Centre +
- 3 Self-Contained Apartments +
- Off Street Parking for 2 Vehicles +
- High Yield +
- Council Tax Band A +
- Freehold +
- Book To View +
VACANT MIXED COMMERCIAL AND RESIDENTIAL PROPERTY A fantastic investment opportunity to acquire this substantial three storey mid-terrace mixed commercial and residential property being located in a prominent trading position in the heart of Exmouth town Centre.
BEING SOLD BY TRADITIONAL AUCTION IN CONJUNCTION WITH 247 PROPERTY AUCTIONS.
Please click on the link below for auction details: VACANT MIXED COMMERCIAL & RESIDENTIAL PROPERTY, EX8 2RS | Bamboo Auctions
Auction ends at 12 noon on 18th February 2025.
Summary
Property type -Terraced
Tenure - Freehold
Bedrooms - 3
Bathrooms - 3
Council Tax Band A
The property briefly comprises a vacant ground floor retail premises with three self-contained apartments across the upper two floors and has the benefit of off-street parking to the rear for two vehicles. Without question this will appeal to both letting landlords and investors alike who will envisage creation of a high yielding rent machine or those who will consider the formal breakup and sale of the three residential flats for onwards sale.
ACCOMMODATION
Residential:-
Ground floor
Accessed from the rear: Stairs to upper floors.
First floor
Flat 1: Bed/sitting room, kitchen, bathroom/WC.
Flat 2: Kitchen, living room, bedroom, bathroom/WC.
Second Floor
Flat 3: Kitchen, living room, two bedrooms, bathroom/WC. Access to large attic space which offers further potential in terms of residential conversion, subject to all the necessary consents being obtainable.
Commercial:-
Ground floor: Main retail area leading to storage room, cloakroom WC and kitchen areas.
Outside-Off-street parking for two vehicles.
TENURE-Freehold with vacant possession.
EPC Residential: Ratings: Flat 1: D; Flat 2: C; Flat 3: C; Commercial: Rating: D
WHAT3WORDS///risk.wages.rings
MOBILE & BROADBAND COVERAGE
Broadband: Ultrafast available
Mobile: Likely outside. Limited inside depending upon provider.
Source: ofcom.org.uk
Viewings Tuesdays and Thursdays 11am -12 noon 28th January -13th February
IMPORTANT INFORMATION
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
AUCTION LEGAL PACK & FINANCE
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser's responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
PRICE INFORMATION
Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide. Please check our website regularly at contact us on for up to date information. Following the fall of the hammer contracts are exchanged and there is no going back!