Description
Planning permission granted by Torbay Council under application reference P/2023/0865 for the redevelopment of the ground floor commercial space and upper floor maisonette to create two residential dwellings.
The approved scheme proposes two residential units each with a gross internal floor area of approximately 103 sq.m. Excellent opportunity for developers or investors to deliver modern residential accommodation in a sought-after coastal location.
Given the condition of the existing building, the property is considered suitable for redevelopment rather than reinstatement in its former mixed-use configuration.
Brixham forms part of the English Riviera, a well-known coastal destination, with Bolton Street positioned close to the harbour, marina, independent shops, cafés and restaurants.
Costs
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £2,100 inc. VAT
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
