Auction House London

Lot 59

Commercial Development - Commercial Property 

Land to the Rear of 33-35 New Street

Exmouth, Devon, EX8 1RT

Still available, please refer to auctioneer for more information

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)

Additional Fees

Administration charge: £1,200 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.

View Details as PDFEnquire NowRegister to Bid
Open Site For further information, please register for the legal pack. For all enquiries, please contact Jamie Weir at jamie.weir@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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