Studio flat for sale

RESIDENTIAL INVESTMENT DEVELOPMENT OPPORTUNITY


A large and versatile vacant three storey mid-terrace commercial property being located in heart of the town centre now with huge potential for a variety of uses, subject to all necessary consents being obtainable. This attractive and prominently located building offers vast accommodation and up until recently has been occupied by businesses such a hair and beauty salon on the ground floor and computer IT business on the upper floors.

This stunning property also benefits from a grant of planning consent for the conversion of the upper floors to four residential flats and with the benefit of plentiful off-street parking to the rear there is scope and potential for further development, subject to all necessary consents being obtainable.




ACCOMMODATION
Ground floor: A range of offices, suites, kitchen and cloakrooms.

First floor: A range of offices and large ballroom/master office.

Second floor: A range of offices.

Third floor: Further stripped back rooms for development.

Outside: Large car park area for approximately 10 vehicles located to the rear of the property and accessed via the archway to the right hand side to the front.

PLANNING INFORMATION
Application no: 24/01500/PNCOU. Prior notification for the change of use from commercial, business and service (Use Class E) to 4 flats at first floor, lower and higher second floor levels under Class MA. For further information including schematic drawings please visit: 24/01500/PNCOU | Prior notification for the change of use from commercial, business and service (Use Class E) to 4 flats at first floor, lower and higher second floor levels under Class MA | Heyford House 12 High Street Cullompton Devon EX15 1AA

TENURE
Freehold with vacant possession

EPC
Rating: D.

WHAT3WORDS
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MOBILE & BROADBAND COVERAGE
Broadband: Superfast available

Mobile: Likely outside, limited inside.

Source: ofcom.org.uk

VIEWINGS
Block viewings available. Please call us on[use Contact Agent Button] to arrange.

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 or contact us on[use Contact Agent Button] for up to date information. At the fall of the hammer contracts are exchanged and there is no going back!

AUCTION INFORMATION
†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 247 Property Auctions 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. Buyers fees: Our standard fees applicable to a buyer are currently £3,000 plus VAT on a successful purchase. Other fees payable may be applicable that have been included by the selling solicitor for a Lot so prospective bidders must investigate the auction legal pack for the Lot prior to bidding.

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 247 Property Auctions. 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. 247 Property Auctions Ltd are members of the Property Ombudsmans Redress Scheme.