Lot 60 - Freehold Mixed Use Investment In Town Centre
54 Bampton Street, Devon, EX16 6AH
Guide Price: *
£250,000
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Opening bid:
£250,000Bid history
0 bidsCurrently fully let at £32,799.96 per annum
A mixed use property in the centre of Tiverton, arranged as three self-contained one-bedroom flats and two shop units, currently fully let.
Commercial
54 Bampton Street
A large retail unit with windows to the front and currently used as a barbers with nail technician located to the rear, with W.C.
Tenancy
Let on a 3-year lease from 1st May 2024 at a current rental of £650 per calendar month.
54A Bampton Street
A smaller retail unit with windows to the front and side, currently used as a clothes shop, small kitchenette to the rear and W.C.
Tenancy
Let on a one-year lease from 1st May 2024 at a current rental of £433.33 per calendar month.
Residential
Ground Floor
Flat 54G
Entrance hall, open-plan kitchen/dining room/living room, double bedroom and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £525 per calendar month.
First Floor
Flat 54E
Spacious entrance hall with utility area, open-plan living room/dining room/kitchen, large double bedroom, shower room and separate W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £575 per calendar month.
54F Bampton Street
Living room, kitchen/dining room, double bedroom and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £550 per calendar month.
Each Flat Council Tax Band A
Summary
- Lot number
- 60
- Auction end
- 24th Jul at 11:42
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- 3
- Bathrooms
- 3+
- Council tax band
- Ask Agent
Summary
- Lot number
- 60
- Auction end
- 24th Jul at 11:42
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- 3
- Bathrooms
- 3+
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson - Devon, Cornwall, Somerset, Bristol & Bath
01392 366555
West Country House, 5 Kew Court, Pynes Hill, Exeter, Devon, EX2 5AZ
†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 Clive Emson Auctioneers 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 Clive Emson Auctioneers. 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.
