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

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.

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.

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Guide Price* : £8,000+

  • 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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