Offers in excess of

£225,000

Lee Road, Lynton, Devon, EX35

Retail for sale

Retail, Office, Shop

Key Features

  • For sale by online auction
  • Auction ends Friday 22nd of March 2024 at 12 noon (Unless sold beforehand by private treaty)
  • Lynton’s former Post Office and Sorting Office – closed permanently in December 2023
  • Guide Price Offers In Excess Of £225,000
  • Offers will be considered beforehand
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Tony Foster

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Property Description

FOR SALE BY ONLINE AUCTION.
AUCTION ENDS FRIDAY 22ND OF MARCH 2024 AT 12 NOON
Guide Price: Offers In Excess of £225,000.

LOCATION
With a return frontage onto Lee Road the main traffic route from the village to the Valley of The Rocks, the premises are in a busy location for passing trade. In the vicinity are many guest houses and a variety of shops. Lynton together with its twin resort of Lynmouth are often referred to as the 'Little Switzerland' of England as they are surrounded by deep sided wooded river valleys. The subject premises are well placed for local and tourist trade.

THE PROPERTY
Formerly the Village Post Office with adjoining sorting offices, the business closed in late December 2023.
The site offers a triple garage, store, large secure rear parking for several cars, a shop of around 715 sq ft, 2 offices to the rear, staff kitchen and cloakroom. In addition the sorting hall is of around 725 sq ft plus a staff room beyond.
There is a small cellar below which is part of the shop. Ideal for owner occupier, builder developer or investor.
There is the potential to develop the property to residential, subject to planning consent.
All enquiries to Exmoor National Park Planning Department.
For information about planning applications contact: Email: plan@exmoor-nationalpark.gov.uk Call: 01398 323 665.

PROPOSAL
The property will be offered for sale by Online Auction with a price guide in excess of £225,000. All offers will be considered beforehand.

SOLICITORS
For the legal pack contact the owners Solicitors:
Messrs Slee Blackwell
10 Cross Street
Barnstaple
EX31 1BA
Contact Emma Napper Email: emma.napper@sleeblackwell.co.uk
Telephone: 01271 349 940

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 buyers fee of £3,600 (including VAT) is retained by Webbers/Bamboo Auctions as a contribution towards online platform costs and £1,400 is payable towards the purchase price. On completion the Buyer will pay the sum of £464.92 to the Seller’s solicitors in reimbursement of search fees.

Key Information

Tenure:

Freehold

VIEWING:

Strictly by appointment through the selling agents.

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