No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content

This property is no longer on the market

Photo showing front façade of building
Photo showing front façade of building
Area of Hardstanding to Rear

Property

Virtual tour
Auction
Save
Property
0 bed
0 bath

Property description & features

  • Tenure: Freehold
  • For Sale by Online Auction
  • Auction Date : 15 June 2023
  • Lot Number : 29
  • Substantial Town Centre Premises With Planning To Create Ten Units
  • Vacant Commercial
  • Freehold
  • *Guide Price : £325,000 - £375,000 + Fees
Situated in the heart of Tiverton town centre with nearby national retailers including Argos, Superdrug and Holland & Barrett, this four storey terraced property is currently arranged as a substantial commercial unit (most recently occupied by HSBC) and a good sized two- bedroom maisonette.

The property requires a programme of refurbishment, including repair works to the party wall, while Planning Consent has been approved for conversion of the existing building into two commercial units at ground floor level with four one-bedroom flats above and a detached two storey townhouse to rear. In addition the approval allows for the construction of a single storey terrace in order to create three one-bedroom dwellings with communal garden.

Set in the Devon countryside and conveniently located for the M5 motorway Tiverton is steeped in history and character with local attractions including Tiverton Castle and the nearby Knightshayes Court. Local amenities include Tiverton Pannier Market, Blundells Independent School, Exe Valley Leisure Centre and Tiverton Golf Club.

Existing Accommodation
Commercial - 29-31 Fore Street
Ground Floor
Customer area, cashier counters, meeting room (no windows), meeting room (internal windows only), office, inner hallway, boiler room, gas meter room, office, store room, strong room (door removed) and separate ladies and gents cloakrooms with W.C.s.

First Floor
Staff room with kitchenette, landing, store room, conference room, additional room and cloakroom with W.C.

Second Floor
Split level landing, office with store cupboard, office and further room.

Third Floor
Landing and two rooms.

Outside
Substantial area of hardstanding to rear providing off-road parking for multiple vehicles with access via Phoenix Lane.

Maisonette
31A Fore Street - Ground Floor
Separate access point via Fore Street.

First Floor
Living room.

Second Floor
Kitchen, two bedrooms, bathroom (no W.C.) and cloakroom with W.C.

Third Floor
Two interconnecting store rooms.

Council Tax Band A

EPC Information
The EPC states the total floor area for the commercial unit to be 413 sq.m. (Energy Performance Rating D - 93) while the EPC states the total floor area for the maisonette to be 98 sq.m. (Energy Performance Rating F - 22).

Planning
Planning Permission has been granted by Mid Devon District Council under reference 21/01796/FULL, dated 25th March 2022, for the conversion of bank to two commercial units with four flats over, conversion of rear building to dwelling and construction of three new dwellings, subject to conditions.

A copy of the Planning Consent and accompanying documents, including existing and proposed floor plans, may be downloaded from the Local Planning Authority website, middevon.gov.uk. [use Contact Agent Button].

Site Measurements
The site extends to approximately 0.09 hectares (0.24 acres).

Proposed Accommodation
Ground Floor
Each commercial unit fronting onto the Fore Street and having rear access will comprise; retail space, rear hallway, staff room/store room and cloakroom with W.C.

First Floor
Each of the two flats above the commercial units will comprise; entrance hall, open plan living/dining/kitchen space, bedroom with en-suite bathroom/W.C.

Second Floor
Each of the two flats at second floor level will comprise; entrance hall, open plan living/dining/kitchen space, bedroom with en-suite bathroom and W.C.

Third Floor
Collection of store rooms.

Two Storey Townhouse
Ground Floor
Entrance hall, open plan living/dining/kitchen space and cloakroom with W.C.

First Floor
Small landing, bedroom with en-suite bathroom and W.C.

Terrace of Three Units to Rear
Each single storey dwelling will comprise; entrance hall, open plan living/dining/kitchen space, bedroom with en-suite wet room.

Outside
Hardstanding vehicular access with turning area for delivery vehicles. Communal garden and shed/scooter store.

Auctioneer’s Note
For information relating to the rateable value and other available data go to gov.uk/correct-your-business-rates and enter the postcode for the property into the appropriate search field.

Freehold with Vacant Possession

Residential EPC: F

Commercial EPC: D

Important:
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, which will be available on the Auction Day.


Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page . For further information please go to cliveemson.co.uk or call us on[use Contact Agent Button].

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 (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to

Places of interest

    Request viewing/info
    Clive Emson Auctioneers was founded in 1989 to supply a high profile auctioneering facility to corporate and independent estate agents, private clients and statutory bodies. Our success is due to, and remains, attributable to a firm commitment to quality and service distinguished by both our Investors in People and ISO accreditations. The concept of the Company is to provide a specialist land and property auctioneering service and, therefore, does not compete with the traditional estate agency, mortgage broking, insurance or any other aspect of the property world. All properties upon which we are instructed are offered for sale in the auction catalogue. The 20-25,000 full colour catalogues produced for each of our auctions are available either by post or through a network of over 850 estate agency outlets throughout Southern England. Our marketing is supported by more estate agency offices than any other auctioneers practice. In addition lot details, catalogue downloads, viewings and legal documentation are available through this website.

    See more properties like this:

    *DISCLAIMER

    Property reference 48473-35231. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Clive Emson Land & Property Auctioneers - Maidstone.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.