Exciting Development for 6 Mews Cottages, just off the High Street. Full Planning Permission. Ref 18/1339/FUL. Granted 28th August 2018. Ideal investment opportunity. For Sale by Public Auction (unless sold prior) on Thursday 4th July 2019 at 3pm.
The site is located at Central Place, between the high street and the back of Lace Walk in the centre of Honiton. The town is often referred to as the "gateway to the west" and has a range of modern conveniences including supermarkets, banks, butchers and a diverse and interesting range of individual shops including many antique and book shops, plus a twice weekly street market. There is a main line rail link for direct trains to London Waterloo and Exeter and a modern hospital.
Taunton, the county town of Somerset has an express rail link to Paddington and lies some 28 miles to the north east. The M5 at Cullompton is approximately 10 miles to the west. The A30 dual carriageway provides quick access to the Cathedral City of Exeter and its regional airport.DESCRIPTION
Planning permission has been granted for the creation of 6 mews style cottages, 5 of which are new build with 1 conversion of an existing building, on the site of a courtyard of garages. Indicative drawings show five 2 bedroom cottages each with a small area of garden or patio and an attractive brick building converted to a 1 bedroom cottage with pedestrian access.PLANNING PERMISSION
Full planning consent was granted on the 28th August 2018 under reference 18/1339/FUL. Further information and plans available from the agents or from East Devon District Council.SERVICES
Water and drainage are understood to currently cross the site, purchasers must make their own enquiries of South West Water for connections. A budget estimate from SWW for drainage is available from the agents. Western Power Distribution should be contacted regarding electricity connections.LOCAL AUTHORITY & CIL
East Devon District Council. Telephone 01395 516551. Www.eastdevon.gov.uk. CIL Is payable on the site at the current time £24,483.56.METHOD OF SALE
The property is being offered for sale by Public Auction in one lot on Thursday 4th July 2019 commencing at 3pm at Taunton Racecourse, Orchard Portman, Taunton, Somerset, TA3 7BL.LEGAL PACK & SOLICITOR ACTING
Copies of the legal pack and special conditions of sale should be obtained from the sellers solicitors. It is the purchasers responsibility to make all necessary enquiries prior to the auction. Please note there may be a small charge for a copy of the legal pack.
Mr Alistair Heron, Gilbert Stephens, 15-17 Southernhay East, Exeter EX1 1QE
AlistairHeron@gilbertstephens.co.uk or 01392 424242.SPECIAL CONDITIONS OF SALE
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail. Special conditions of sale/auction information pack will be available for inspection at Stags Honiton office and a copy may be purchased from the Vendors solicitors. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.AUCTION COSTS AND BUYER'S ADMINISTRATION FEE
The fall of the hammer signifies exchanging contracts, directly after a 10% deposit is paid with the remainder due on completion 28 days later, along with the cost of the searches.
The successful purchaser(s) will be liable to pay a buyers administration fee of £300 including VAT per lot payable to Stags at exchange of contracts. A separate invoice will be issued and payment made either by separate cheque (payable to Stags), BACS or debit card.AGENTS NOTE
Due to the newly updated Money Laundering Regulations ALL buyers will be required to provide two forms of identification as follows: Photographic ID (such as a passport or driving licence)
Proof of your current address (for example, a utility or council tax bill)
WAYLEAVES, RIGHTS OF WAY ETC
The property is sold subject to and with the benefit of any wayleave agreements in respect of any electricity or telephone poles, wires, stays, cables etc., or water or drainage pipes etc., either passing upon, over or under it. The property is also sold subject to and with the benefit of any public or private rights of way or bridleways etc.
PLANS AND BOUNDARY FENCES
A plan, which is not to scale and is not to be relied upon, is attached to these particulars. Purchasers must satisfy themselves by inspection or otherwise as to its accuracy.
*DEFINITION OF GUIDE AND RESERVE
Guide price(s) are an indication of the seller's
Reserve price(s) are a figure below which the
auctioneer cannot sell the lot at auction.
We expect the reserve will be set within the
Guide prices may change at any time prior
to the auction.