Lot 17 St Andrew's Church Hall, Lower Church Street, Colyton, EX24 6ND

Bidding Closed

SOLD FOR

£225,000

Property Enquiries

Simon Bailey

simon.bailey@bidx1.com
07732681156

Viewing/Registration Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Nicola Holton

nicola.holton@emwllp.com
0345 074 2480
Description
Map
Viewings

Addendum
RIGHT OF WAY ADDENDUM - We have been advised by Colyton Parochial Church Council that the buildings under development currently have no right of way via the churchyard. The Council has informed us that the parish has obtained a Charities Act report on the value of the easement and were in the process of negotiating the terms of the grant of a pedestrian right of way through the churchyard. However these negotiations were not completed prior to the appointment of the LPA Receivers. Potential purchasers are advised to obtain their own independent legal advice as regards access and the potential granting of a right of way. We have been advised by East Devon District Council (EDDC) that the development is subject to a Community Infrastructure Levy (CIL). EDDC have confirmed that 3 of the 5 CIL payments have been made. We are informed that two CIL payments remain payable. The first is due at the end of August 2020. The second is due in February 2021. The total amount payable in relation to the 2 CIL payments is £24,376.
Property Summary
  • On the instructions of N J Gill and R K Roe of Eddisons acting as Joint LPA Receivers
  • Freehold residential development opportunity
  • Planning permission for three dwellings
  • Partially completed
  • Town centre location
  • Vacant possession
Tenure

Freehold

Location

Colyton lies on the west bank of the River Coly (a tributary of the River Axe) about 27 miles east of Exeter, 6 miles south west of Axminster and 6 miles north west of Lyme Regis. It lies to the southern edge of the East Devon Area of Outstanding Natural Beauty  and can be accessed via the A358 and A3052. The coastal tourist areas of Seaton and Beer lie about 3 miles to the south with regular bus services providing direct links.

Lower Church Street lies on the town centre, running north from Dolphin Street with the property being situated on the west side of the street adjacent to St Andrew's Church.

Description

The property comprises a Grade II Listed former church hall that has been partially redeveloped to provide 3x two bedroom dwellings. The units are in various stages of development and once completed will provide dwellings totalling approximately 990 sq ft each.

Planning

East Devon District Council (www.eastdevon.org.uk) 01395 516551. Planning permission was granted on 6th July 2017 for the conversion of the church hall to three dwellings (17/0349/LBC).

VAT
Please refer to Legal Documents
Property Table
AddressAccommodation Size
Total  276.29 sq m (2,974 sq ft)
Unit ATwo bedroom house 91.97 sq m (990 sq ft)
Unit BTwo bedroom house 92.53 sq m (996 sq ft)
Unit CTwo bedroom house 91.79 sq m (988 sq ft)

The above areas are indicative of the proposed sizes once completed. The auctioneers have not measured the property.

EPC

Refer to the legal pack


*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,000 (inclusive of VAT) charged by BidX1. In the case of a joint agent this administration fee will be £2,000 (exclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,500 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee of £1,000 inc. VAT payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.


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