End of terrace office building
96 High Street, Ilfracombe, EX34 9NH
- 5
Key features
Guide Price: *
£90,000
Fees apply
Buyer's fee:£3,960
Legal fee:£168
All fees include VAT at 20%
Holding Deposit: *£1,040
*Only charged if you are the successful buyer and goes towards the purchase price
FOR SALE BY ONLINE AUCTION
AUCTION ENDS WEDNESDAY 12TH OF MARCH 2025 AT 12 NOON
LOCATION
The premises occupy a busy town centre trading position fronting onto the western approach into the High Street. The premises are close to a zebra crossing and is highly visible in the centre of the town with a layby outside and a service station next door.
Ilfracombe is North Devon's leading resort having a population in the region of 10,500 inhabitants which is boosted with the influx of tourists.
THE PROPERTY
End of terrace office building for sale via online auction. This is a former accountant’s offices which comprise of a ground floor reception shop/office plus rear office room circa 456 sq ft, to the first floor are two further offices plus two cloakrooms and a kitchen area circa 625 sq ft. This property will be sold with vacant possession.
THE PROPOSAL
The property is available for sale by online auction at a guide price of £90,000. Next door at 97 High Street is also available separately for sale via auction for a guide price of £160,000.
SOLICITORS
For the legal pack contact the owners’ solicitors: Lyons Davidson Solicitors, Catherine Turner
43 Queen Square Bristol BS1 4QP Tel: 0300 373 7798 Email: [email protected]
TRADITIONAL ONLINE AUCTION INFORMATION
Please note: This property is for sale by traditional online auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at this price.
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. Webbers and Bamboo 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 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.
BUYERS PREMIUM & OTHER CHARGES
The winning buyer is charged a sum of £5,000. From this a buyer’s fee of £3,300 plus VAT is retained by Webbers/Bamboo Auctions as a contribution towards online platform costs and £1,040 is payable towards the purchase price. On completion the buyer will pay the sum of £140 (inclusive of VAT) to the seller’s solicitors in reimbursement of search fees.
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.
Summary
- Auction end
- 11th May at 12:00
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- N/A
Summary
- Auction end
- 11th May at 12:00
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- N/A
This property is being sold by:
Webbers- Commercial
01271 347 888
Address: 39/41 Boutport Street, Barnstaple, EX31 1SA
†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 Webbers 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 Webbers 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.