Lot 37 - Lotus Westcombe Lane, Bideford, Devon, EX39 3JQ

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Lot 37 - Lotus Westcombe Lane, Bideford, Devon, EX39 3JQ

Guide Price* : £8,000+

  • Unconditional Online Auction Sale

Lot 37 - Former Office Space

Description

ONLINE AUCTION from 1st - 3rd September

Leasehold | 999 years from completion | £1 ground rent

Former office space at second floor level within the old Westcombe Depot, previously used by Torridge District Council.

A plan in the legal pack shows a proposed conversion to a three bedroom flat with living room, kitchen and bathroom, subject to planning and consents.

Location:
Bideford, north Devon, on the Torridge estuary. The A39 Atlantic Highway links to Barnstaple and Bude. Bideford town centre and the Tarka Trail are close by.

Potential:
Conversion to residential in line with the plan in the legal pack, or continued office use, subject to planning and consents.

Suited to:
A developer or investor converting a self-contained floor, or an owner-occupier business wanting office space on a long lease.

Key facts:
Leasehold, 999 years from completion, £1 ground rent. Vacant possession. Second floor. Access via staircase, with a right of way as shown on the plan.

No planning permission is currently in place, and any proposed development or use would be subject to the relevant permissions and consents.

Lease Start Date

13/08/2026

Lease Duration

999 years (999 years unexpired)

Tenancies

To be sold with vacant possession

Tenure

Advised Leasehold- to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.

Bidding open

  • Unconditional Online Auction Sale

Lot 37 - Former Office Space

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Lot 37 - Lotus Westcombe Lane, Bideford, Devon, EX39 3JQ

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