A Mixed Commercial And Residential Development Opportunity

A ‘local landmark’, this mixed use detached property consists of a restaurant and managers flat on the ground floor, a lower level offers a large function room, offices, toilets and storage rooms, whilst a rear extension houses the kitchen, food preparation area and store rooms. The first floor offers a 10 bedroomed apartment with kitchen, bathroom and living areas. An additional plot is found to the rear, adjoining terraced properties on Napier Terrace, with FULL PERMISSION granted for the erection of a single 2 bedroomed dwelling.

Tenure

Freehold

AUCTIONEERS NOTE

Full planning details and related documents can be downloaded from the Planning section of the Exeter City Council website under references 20/1349/FUL. and 20/1338/FUL.

ACCOMMODATION

Originally a brewery, the property dates from the 1900’s and is being offered with FULL PLANNING permission granted for the conversion into 7 separate one and two bedroom apartments (Planning Ref: 20/1349/FUL). An additional Plot of Land to the rear has FULL PLANNING PERMISSION to build a 2 bedroom semi-detached property (Planning Ref: 20/1338/FUL.) The Malthouse is located next to the wooded copse of St Bartholomew’s, a short walk from the independent quarter of Mary Arches and Market Street, and the desirable Iron Bridge area of the city. With Exeter College also a short distance away, the location of the property should appeal both to those looking to develop and sell individually or those looking to develop the property for AST or Airbnb purposes. Restaurant Kitchens 10 Bedroom Apartment Manager's Flat

VIEWINGS

Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.

NOTICE TO BIDDER

Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

FULL DETAILS

Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

Energy Efficiency Rating (EPC)

Current Rating C65

Local Authority

Exeter City Council

Solicitors

22 Law Solicitors, 22 Front Street, Ref: Claire Stanton, Tel: 0191 488 4950

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.