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Bedford House, Duke Street/, Bedford Square, Tavistock, PL19 0AQ

  • Auction
  • Lot 2
  • United Kingdom
  • Bank (Building)
  • Commercial

Guide Price £330,000

Bidder Security £3,500 *fully refundable if unsuccessful bidder
Auction Date 25 July
Bidding Opens 10:00 (GMT+1)
Bidding Closes 11:04 (GMT+1)

Property Viewings

Please contact us to discuss viewings for this property.
+44 (0) 20 7703 4401

Property Summary

  • This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than five working days from the bidding closing time 
  • By order of National Westminster Group
  • Freehold former bank premises totalling approximately 414.07 sq m (4,457sq ft)
  • Located in the heart of Tavistock, in close proximity to the renowned Pannier Market
  • Opportunity for redevelopment of the upper floors, subject to obtaining the necessary consents
  • Of interest to developers/owner occupiers and investors
  • Vacant possession
  • BLOCK VIEWINGS BY APPOINTMENT on Monday 15th and 22nd July at 11am

Contact Us

Mat Harris
Mat Harris
Property Agent, here to help.
Annie Khan
Vendor's Solicitor

Contact Us

Mat Harris
Mat Harris
Property Agent, here to help.
Annie Khan
Vendor's Solicitor


Property description

The property comprises a mid-terrace, three storey building arranged over ground, first and second floors. It was formerly used as a bank with retail accommodation, offices and bank vaults on ground floor, along with offices and storage accommodation on the upper floors accessed via an internal staircase. The property totals about 414.07 sq m (4,457sq ft). There is an external metal staircase to the side of the property which offers a secondary route of access via Drake Road. 

Registrations to bid must be completed at least 1 day before the day of the auction and must be completed in the name that you intend to purchase in, as contracts cannot be changed after the auction sale


Tavistock is a market town in west Devon, situated on the River Tavy. It has a population of approximately 12,975 (2021) and is the only Devonshire town to hold a world heritage status. The main retail pitch for Tavistock is along Duke Street with occupiers including Boots, Mountain Warehouse, Costa, Co-op Food and Superdrug. The Pannier Market can also be accessed via Duke Street, an indoor market hosting local traders and a popular destination for tourists. The property is situated on Bedford Square on the roundabout that connects West Street, Duke Street and Drake Road. The building occupies a very prominent position, with entrances to the Pannier Market broadly opposite.

The premises is located within the Tavistock Conservation Area.


West Devon Borough Council (01822 813600)



Additional Details



Sq m

  Sq Ft

Bedford House, Duke Street/Bedford Square

Ground floor sales

First floor office/ancillary

Second floor stores

171.31 sq m

149.20 sq m

93.55 sq m

1,844 sq ft

1,606 sq ft

1,007 sq ft



414.06 sq m

4,457 sq ft

Subject to confirmation

This means the bidder is invited to place a bid at or above the opening bid price of the listed property. Once bidding is closed, the vendor has up to 5 business days to decide if they want to accept the highest bid or not. If you are not the highest bidder your participation fee will be refunded in full within a maximum of 5 business days (unless delayed by the card provider) post the bidding closing time. If you are successful following vendor acceptance, in accordance with the authority you provided on registration, BidX1 will sign legally binding contracts relating to the sale of the property on behalf of you and the vendor.

Bidder Registration

Included as part of the registration process to be approved to bid for this property, we will complete various standard anti-money laundering (AML) checks that we are required to undertake under HMRC legislation. In addition, we will manually request source of funds information after which you will be approved to bid. A copy of the source of funds requirements can be found in the legal documentation.


Please refer to Legal Documents

Energy Performance Indicator

Please refer to Legal Documents

Helpful links

*Terms & 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 £1,295 (inclusive of VAT) for all properties up to £49,999, and £2,400 (inclusive of VAT) for all properties £50,000 and above charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive 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 and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,795 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee 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. All Lots sold “Subject to Vendor Confirmation” will be subject to acceptance and confirmation by the Vendor. The highest bid will be presented to the Vendor, the Vendor will have to either accept, decline or make a counteroffer, within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising of the offer the Vendor is willing to accept. The Highest Bidder will be obliged to accept or reject the Vendor's counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. 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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