3 Adelphi Road

For Sale £350,000

Residential Development

Property Description

Online auction date: 28 September 2021. Bidding opens at 9:00am and closes at 12:00noon. By TOWN AND COUNTRY PROPERTY AUCTIONS LONDON -https://www.townandcountrypropertyauctions.co.uk/london/ This is an Exceptional Opportunity set in a Highly Desirable Coastal Location, and one with the added bonus that it has already been gutted. 
An absolute Blank Canvass for any Truly Creative Buyer!
Developers – Existing Planning Permission to convert into Four Flats. 
However, and depending on your wishes, this property would also make for a Fine Family Home or be converted back into a Seaside Hotel. The choice is yours!
Hoteliers - The property, in its current state, is a gutted end of terrace property that has the Benefit of a Hotel Use -should anyone desire to run a Coastal Hotel.
There are number of possibilities pertaining to this property, which is situated not far from the Sea in a Highly Desirable Location.
Paignton is loved for its Long Sandy Beaches, and is a colourful, traditional seaside resort popular for its mild climate and lively seafront.

EPC Rating - Commercial - G

All bidders must register beforehand by clicking ‘Log in / register to bid’ and following the prompts.
Bidding is also available by way of telephone and proxy. 
Please note that wherever possible viewings will be by virtual tour.  Any viewings that we do conduct in person will follow current Government guidelines.
For further information please contact our auction team on 02030 111499.

Exchange And administration fee information:  (plus fees)
Buyers Admin Fee Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyer's Admin Fee of £900 inc VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges. These may include, but are not limited to, Value Added Tax (VAT), Stamp Duty, ground rents, rent arrears/apportionment of rent, outstanding service charges, sellers search costs/disbursements, reimbursements of sellers solicitors, auctioneer costs, buyer’s premiums or reservation fees.
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