London House, Market Street, TA18 7JL

Being sold via Secure Sale online bidding. Terms & Conditions apply.

Starting Bid £295,000 A rare opportunity to acquire a substantial freehold commercial building occupying a prominent corner position on Market Street, in the heart of Crewkerne’s established and thriving town centre.

Currently arranged as three separate ground floor retail units , the property offers exceptional flexibility for owner occupiers, investors or developers .

It is sold with vacant possession and no onward chain , providing a clear route for immediate occupation, refurbishment or redevelopment.

Subject to the necessary planning consents, the building presents significant scope for alternative uses , including reconfiguration of the existing commercial layout, mixed use redevelopment , or residential conversion above or within the building.

Its scale, position and frontage make it an attractive proposition for those seeking to maximise future potential.

Market Street is home to a strong mix of independent retailers, cafés, professional services and national occupiers , generating consistent pedestrian footfall throughout the day.

Nearby multiple retailers include Hays Travel and Boots the Chemist , reinforcing the strength of the location.

Crewkerne is a vibrant South Somerset market town offering excellent amenities, supermarkets, schools and leisure facilities, together with convenient road links via the A30 , A303 (6 miles) and onward connection to the M5 at Taunton (25 miles).

Crewkerne railway station provides direct services to London Waterloo and Exeter , enhancing the town’s regional connectivity.

Whether you are looking to expand your commercial portfolio, occupy the premises for your own business, or unlock the site’s future development potential (subject to planning), this freehold property represents an exciting and increasingly rare opportunity in a strong town centre location.

Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.

The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.

The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.

It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.

The deposit will be a contribution to the purchase price.

A non refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.

There is no requirement or indeed obligation to use these recommended suppliers or services. Roof type: Flat. Mobile signal/coverage: Good. Construction materials used: Brick and block.

Broadband internet type: FTTC (fibre to the cabinet).