Lot 59
    Commercial Development
    Land to the Rear of 33-35 New Street
    Exmouth, Devon, EX8 1RT
    Still available, please refer to auctioneer for more information
     
    Number 1
    A Substantial Development Site Measuring Approximately 953.88 sq m (10,267 sq ft) Offered with Planning Permission to Create a Mixed Use Development for 3 x Ground Floor Commercial Units and 17 x Residential Units (13 x One & 4 x Two Bedroom Flats)

    Description

    The property comprises a largely rectangular site measuring approximately 953.88 sq m (10,267 sq ft) with vehicular access to New Street.

    Tenure

    Freehold

    Location

    The property is situated in the centre of Exmouth town centre close to local shops and amenities. The open spaces of Imperial Recreation Grounds and the seafront are within easy reach. Transport links are provided by Exmouth rail station which is less than 200m away.

    Planning

    East Devon District Council granted full planning permission (Ref. No: 18/0524/MFUL) on the 24th January 2020 for:
    'Re-development to provide mixed development comprising of 3 no. B1 units (office) and 17 no. residential apartments, of which 35% is to be affordable with associated amenity and parking facilities and new vehicular access.'

    Proposed Accommodation Exterior

    The site will have vehicular access from New Street and pedestrian access to the parade and there are provisions for 10 parking and two cycle storage areas.

    Addendum

    Amended Guide Price: £600,000+

    Proposed Accommodation

    Floor Proposed Accommodation
    Ground Three Commercial Units
    First 5 x One bedroom flats with open plan reception/kitchen and bathrooms (sizes ranging from 52.2 - 59.6 sq m)
    2 x Two bedroom flats with open plan reception/kitchen and bathrooms (sizes ranging from 74.6 - 75.3 sq m)
    Second 5 x One bedroom flats with open plan reception/kitchen and bathrooms (sizes ranging from 52.2 - 59.6 sq m)
    1 x Two bedroom flat with open plan reception/kitchen and bathrooms (74.6 sq m)
    Third 3 x One bedroom flats with open plan reception/kitchen and bathrooms (sizes ranging from 42 - 46 sq m)
    1 x Two bedroom flat with open plan reception/kitchen and bathrooms (63 sq m)
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    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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