Otters Halt & Alfington Stores Site nr Ottery St. Mary
Otters Halt & Alfington Stores Site , Ottery St. Mary, EX11 1NX
- 11
Key features
Guide Price: *
£235,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Opening bid:
£235,000Bid history
0 bidsMETHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Thursday 21st September 2023 at 5pm.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The property details can be accessed via our website - stags.co.uk.
SITUATION
The property offers a unique opportunity, and is well placed with a sunny aspect on the southern edge of the small village of Alfington. Located alongside the B3177 road, there is easy access to the pretty country town of Ottery St Mary, the vibrant market town of Honiton, and the main A30 Exeter to London road. A regular bus service passes the site, linking Exeter, Honiton and Axminster. Alfington has a Church and small village hall, while Ottery St Mary is home to the well-respected Kings School, and has a host of independent shops, pubs and restaurants, a large Sainsbury store, a sports and leisure centre, and a medical centre. Honiton offers a wider selection of shops and facilities, as well as a train station on the Exeter to London Waterloo line. The Cathedral city of Exeter lies some 14 miles to the west.The coast at Sidmouth, a World Heritage site, is to the South.
DESCRIPTION - AUCTION GUIDE £235,000
The former petrol station, workshops and bungalow presents a rare opportunity to purchase a potential business/development/property on the edge of the village. The site has been an established retail site that was completed in the 1960’s, forming a rectangular shaped area, with the buildings occupying an elevated position to the rear of the forecourt. In all the site extends to about 0.223 acres.
FORECOURT
Dual tarmac approaches to an un-canopied forecourt area, incorporating two Gilbarco pumps and fuel storage.
FORMER SHOP
To the side of the forecourt, the elevated detached building is accessed from both the front and from the owner’s bungalow to the rear. The building is of blockwork construction under a pitched asbestos cement roof.
WORKSHOPS
The lower workshop has space for two cars, while the upper workshop provides plenty of workspace for a single vehicle. A full length vehicle inspection pit in this area is accessed from the lower level workshop.
BUNGALOW
Occupying an elevated position above the forecourt, a timber framed cement rendered bungalow under a pitched tiled roof, and benefiting from an adjacent parking space and an attractive garden to the side. The rear boundary borders onto an adjacent field. The accommodation includes a conservatory-style entrance hallway, kitchen, large L shape lounge with feature fireplace, and access to a spacious patio area via large double glazed sliding aluminium doors. There are two bedrooms, a family bathroom and separate WC.
SERVICES
Mains water and electricity. Private drainage. Electric central heating boiler in the bungalow.
ENVIRONMENTAL
The property has been used as a filling station for many years and incorporates fuel storage tanks which have been in use. Prospective purchasers should address their own enquires in this respect to the appropriate authority.
COUNCIL TAX & BUSINESS RATES
Council Tax Band C Business Rateable value £3,000. Not currently payable.
VIEWINGS
Strictly by appointment with the agents.
DIRECTIONS
From the A30 towards Exeter, take the exit directed to Ottery St. Mary / Fairmile / Feniton / Fenny Bridges. Take another left towards directed towards Ottery St. Mary, and then another left onto onto Alfington Road - the property will be on the left.
PROOF OF INDENTITY
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.
There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.
BUYERS & ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer’s fee of £2,400 inc VAT is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price immediately after the auction.
An additional administration fee of £1200 inc VAT will be payable by the successful purchaser immediately after the auction.
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) 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 - TBC
COMPLETION DATE
The completion date will be as dictated by the solicitor and included in the legal pack, shown as 36 working days after the auction.
DEFINITION OF AUCTION AND RESERVE
Guide price is an indication of the seller's expectation. Reserve Price is a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Guide prices may change at any time prior to the auction.
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.
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) 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.
BUYERS & ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer’s fee of £2,400 inc VAT is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price immediately after the auction.
An additional administration fee of £1200 inc VAT will be payable by the successful purchaser immediately after the auction.
Summary
- Auction end
- 21st Sep at 16:00
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- C
Summary
- Auction end
- 21st Sep at 16:00
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- C
This property is being sold by:
Stags - Honiton
01404 45885
Bank House66 High Street Honiton Devon EX14 1PS
†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 Stags 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 Stags 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.
