4-6 Fore Street, Dulverton
4-6 Fore Street, Somerset, TA22 9EX
- 5
Key features
Guide Price: *
£175,000
Fees apply
Buyer's fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Opening bid:
£175,000Bid history
0 bidsDESCRIPTION
4 - 6 Fore Street is located within the centre of the town of Dulverton with a prime corner premises offer a mixed use commercial and residential property, which could offer a potential purchaser a yield of around 8.5%. 4 Fore Street comprises of a commercial premises with two large shop rooms - one being road-facing and one larger room to the rear with a Kitchenette. A separate office is located on the first floor, with a Bathroom. 6 Fore Street comprises of a residential premises located on the first floor, with a large Sitting Room, Kitchen, Bedroom and Bathroom. A shared Entrance Hall provides a Store Room beneath the staircase.
METHOD OF SALE
The property will be offered for sale by online unconditional auction: www.gth.net/auctions/property/onlineauctions Timed Online Auction due to end at
RESERVE
The property will be offered for sale subject to an undisclosed reserve and the Vendors reserve the right through their Agents to bid up to and including the reserve price.
AUCTION PACK
The Auction Pack prepared by the vendor ’s solicitors, containing the contract and special conditions of sale, is available online at www.gth.net/auctions/property/onlineauctions. All prospective purchasers bidding through the online auction will be deemed to have bid for the property in the full knowledge of their contents and shall not raise any requisition or objection whatsoever thereafter.
BUYERS & ADMINISTRATION FEES
At the end of the auction the successful purchaser(s) will be liable to pay the sum of £5,000, of which a “buyers fee” of £3,600 (incl. VAT) is retained by Bamboo Auctions/GTH as a contribution towards the online platform costs, and the remaining £1,400 goes towards the purchase price. In addition, an “administration fee” of £600 incl. VAT will be payable by the successful purchaser immediately following the auction.
BIDDER REGISTRATION
All bidders are required to register online at gth.net/auctions/online auction in order to view the legal documents and/or bid.
CONSUMER PROTECTION REGULATIONS
Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular interest to you please contact the office and we will be pleased to confirm the position for you, particularly if you are contemplating travelling some distance to view the property.
SERVICES & OUTGOINGS
We understand that mains electric, water and drainage are connected to the property. Electric heating.
Council Tax: No.4: £3,400 per annum business rates
No. 6: Band B - Somerset West and Taunton Council
Tenancy Information: 6 Fore Street is currently let on a Assured Shorthold Tenancy (AST) of £625 per calendar month and has been since December 2023.
4 Fore Street was last let on a full repairing lease for a total of £7,000 per annum but has been empty since January 2024.
SITUATION
Dulverton is a small, yet thriving country town located on the southern edge of the Exmoor National Park in a wealthy, rural catchment which is also a very popular holiday destination with good rear round local trade. The town has a great variety of local amenities including a Co-Op, popular pubs, restaurants, library, doctors' surgery, vets, dentist, pharmacy and primary school. The market town of Tiverton lies approx. 12 miles to the south with dual carriageway access to Junction 27 of the M5 Motorway and Tiverton Parkway mainline station with services to London (Paddington approx. 2 hours).
DIRECTIONS
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ADDITIONAL INFORMATION
Broadband: Superfast broadband is available.
Mobile Coverage: Available via EE, O2, THREE and VODAFONE. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a MEDIUM RISK from River/Sea and Surface Water flooding.
Rights & Restrictions: The property is located within a Conservation area.
Summary
- Auction end
- 21st Mar at 12:00
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- 1
- Bathrooms
- 2
- Council tax band
- Ask Agent
Summary
- Auction end
- 21st Mar at 12:00
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- 1
- Bathrooms
- 2
- Council tax band
- Ask Agent
This property is being sold by:
Greenslade Taylor Hunt - Tiverton
01884 243000
5 Fore Street, Tiverton, Devon, EX16 6LN
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and GTH Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by GTH Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
