Situation:

Situated in the town centre of Newton Abbot just off Quay Road near the railway station and being only a 5 minute walk from the shopping precinct.

Description:

Access is through the double glazed front door into an entrance porch where the electrical meter and circuit breaker is located. The internal door opens into two interconnecting offices that provide ample desk and workspace areas, there is a separate WC and kitchenette area while to the front is a separate storeroom with both a secure internal door and garage door access. The property has been utilized as offices since 1978 and was extended in 1980 (see auction pack for permissions). Parking is to the front for at least one vehicle directly off the public highway.

Services:

The property has mains metered electric supply, a metered water supply, telephone and mains foul connection.

Tenure:

The property is available freehold with vacant possession.

EPC:

An EPC certificate valid until 29 September 2033 rating: D-93

Wayleaves, Rights & Easements:

The property is being sold subject to any wayleaves, public or private rights of ways, easements and covenants and all outgoings, whether mentioned in the sales particulars or not.

Covenant, Restrictions or Overage:

The land will not be subject to any restrictions or overage by the vendor.

Business Rates & Local Authority:

Teignbridge District Council, Forde House, Brunel Road, Newton Abbot TQ12 4XX 01626 361101

Business Rateable Value current 1st April 2023 to present £3000.

Viewing:

All viewings are strictly by prior appointment only.

Please contact Rendells Newton Abbot on 01626 353 881 or email commercial@rendells.co.uk

Directions:

From the town centre either walking or driving from Queen Street/The Avenue follow the road around towards the railway station on the B3195 taking the second left into Quay Road. Continue along the road for around 140 yards taking the second right before the railway bridge and there is a row of garages on your right and the property is on right hand side.

What3Words:

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Health & Safety:

Applicants/purchasers enter and view the property entirely at their own risk and no responsibility is accepted by the vendors or the agents for the purchasers/applicants whilst on the property.

Plan:

The sale plan has been taken from Land Registry and is for identification purposes only, all would be purchasers are advised to make a thorough inspection of the property to be aware of its extent.

Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017:

We are governed by the Anti-Money Laundering Legislation and are obliged to report any knowledge or suspicion of money laundering to the National Criminal Intelligence Service. Therefore, if you purchase this property, you will be required to produce photographic identification and a utility bill for your current address in accordance with this Act. Without identification a sale cannot proceed.

Method of Sale

The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Thursday 11th January 2024 at 8.00 p.m. (20.00 hours).

The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.

Proving of Identity

It is a requirement of all bidders to register via the online sales site and complete the ID checks. There is no charge for registration. Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction.

Buyers and Administration Fee

The successful purchaser(s) will be liable to pay the sum of £5,000.00. From this a buyer’s fee of £3,600.00 inc. VAT is retained by Rendells/Bamboo as a contribution towards the online platform costs, and £1,400.00 is payable towards the purchase price immediately after the auction. 

An additional amount of £566.96 inc. VAT will be payable by the successful purchaser immediately after the auction to Rendells Estate Agents. As set out in the Conditions of Sale

Deposit Payment

The Seller and Buyer agree that the winning Bidder will transfer the remainder of the 10% deposit (less the amount paid online £1,400.00) and any additional fees within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly.

Legal Pack

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 enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding. 

Solicitor Acting

Mark Meleady of Tozers LLP, 10 St Pauls Road, Newton Abbot TQ12 4PR

Tel: +44 (0)1626 207031 or E-mail: mark.meleady@tozers.co.uk

Completion Date

The completion date will be Thursday 8th February or sooner as dictated by the solicitor and included in the legal pack, shown as on or before 20 working days from the auction ending. 

Special Conditions of Sale

Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provision of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.