GUIDE PRICE £180,000 - £200,000

2-4 Gladstone Place Albany Street

Newton Abbot, Devon, TQ12 2AN

Lot 35

Commercial Property - Commercial Property

IMPORTANT NOTICE

Register to bid at least 24 hours prior to auction to ensure your ID and proof of funds documentation are approved.
Those registering on auction day risk not being authorised to bid.

Two storey town centre building (2,658 sq.ft. - source EPC) comprising a ground floor retail unit with offices above. Freehold, development potential, vacant

Addendum:

29/04/2024 - Guide Price reduced to £180,000 - £200,000, previously £200,000+

Description/Location

A prominent, corner sited period building, originally a pair of houses. The double fronted shop could potentially be converted into 2 units. Formerly a Boots Pharmacy, the premises are centrally located in the town centre close to the large Cricketfield Road public car park. Ideal for a variety of retail and healthcare uses such as chiropractors, chiropodists or dentists. Potential for residential conversion of the upper parts subject to planning.

Tenure

Freehold
EPC rating C

Local Authority

Teignbridge District Council

Viewing

Please contact Charles Darrow Network Auctions on 01626 330022

Accommodation

Ground floor: Shop area 1 - 301 sq.ft. Shop 2 - 344 sq.ft Office, Storeroom and w.c. - 398 sq.ft. First floor: 3 offices, kitchen and bathroom, in total 818 sq.ft.

Virtual Tour

Virtual Tour 2-4 Gladstone Place

View Larger Map

View larger map on Google Maps.

Legal documents

Click to view legal documents

*Guide Price & Reserves

Generally speaking Guide Prices 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. Virtually every 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.