MIXED RESIDENTIAL AND COMMERCIAL INVESTMENT OPPORTUNITY
Temple Winds, Exmouth, EX8 1PB
- 0
Key features
Guide Price: *
£525,000
Fees apply
Buyer's fee:£3,600
Admin fee:£1,140
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
† Traditional
Opening bid:
£525,000Bid history
0 bidsA rare opportunity to acquire a substantial and prominently positioned four-storey mixed-use investment property situated in a highly visible trading position on Beacon Hill, close to the seafront and town centre amenities of Exmouth. The property occupies an established commercial location benefiting from strong pedestrian footfall and a thriving local tourism economy.
Temple Winds comprises a characterful hybrid art gallery and café at ground floor level, providing an attractive commercial frontage and versatile trading space. The commercial premises offer scope for continued gallery/café use or potential alternative retail or hospitality operations, subject to any necessary consents.
Arranged over the upper floors are nine self-contained residential flats, all of which are currently let on Assured Shorthold Tenancies, producing a combined rental income of £66,060 per annum. The residential element provides an established income stream with potential for future rental growth, subject to market conditions.
The property’s scale, mixed-income profile and prime coastal location make it an appealing opportunity for investors seeking a ready-made income-producing asset with both residential and commercial elements.
KEY FEATURES
- Prominent four-storey mixed-use building
- Ground commercial/retail space floor hybrid art gallery and café
- Nine residential flats
- Flats fully let on Assured Shorthold Tenancies
- Current combined rental income: £68,580 per annum
- Located close to the seafront and town centre amenities
- Established investment with potential to enhance income
- Potential to enhance income and value through future rental growth and active asset management, subject to market conditions
A versatile and substantial investment opportunity in one of East Devon’s most popular coastal towns.
ACCOMMODATION
COMMERCIAL
Ground floor: Shop with main seating and servery areas, kitchen, WC's.
RESIDENTIAL
Lower ground floor:
Orchid: Kitchen/living room, bedroom with en-suite shower room/WC, utility.
Iris: Lobby, kitchen/living room, bedroom with en-suite shower room/WC.
Ground floor: Communal entrance, stairs to lower ground floor level and rising to upper floors.
First floor: Dahlia: Kitchen/living room, bedroom with en-suite shower room/WC; Rose: Kitchen/living room, bedroom with en-suite shower room/WC; Lily: kitchen/living room, bedroom with en-suite shower room/WC.
Second floor:
Lilac: kitchen/living room, bedroom with en-suite shower room/WC; Daisy (Bedsit): Kitchen/living room/bedroom with bathroom/WC separate and located across the hallway; Tulip: Kitchen/living/bedroom, bathroom/WC.
Third floor:
Petunia: Kitchen, living room, bedroom and bathroom/WC.
LOCATION
Situated in the heart of Exmouth's town centre and conveniently located for the stunning beachfront and marina.
TENURE
Freehold subject to tenancies.
TENANCIES & LEASE INFORMATION
RESIDENTIAL
All let on assured shorthold tenancy agreements. Please refer to the auction legal pack for the individual flat details.
COMMERCIAL
Let on a xxxx year lease dated from xxth 2026 with current rents reserved of £xxxxxx per annum.
EPC Ratings:
Residential Flats (by name)
Dahlia: C
Daisy: D.
Iris: D.
LIlac: D.
Lily: C.
Orchid: D.
Petunia: C.
Rose: D.
Tulip: D.
Commercial
Ground floor cafe: B.
WHAT3WORDS
///pillow.packet.pitch
BROADBAND & MOBILE COVERAGE
Broadband: Ultrafast available
Mobile: Good outdoor. Good indoor.
Source: ofcom.org.uk
VIEWINGS
Please call on 01395 247000 to book into one of the scheduled block appointments. Viewings: By appointment only or as advertised by the auctioneer. Internal viewings may be limited if units are occupied — purchasers should refer to auction pack and obtain surveys.
IMPORTANT INFORMATION
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
AUCTION LEGAL PACK & FINANCE
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
PRICE INFORMATION
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide. Please check our website regularly at www.247propertyauctions.co.uk or contact us on 01395 247000 for up to date information. Following the fall of the hammer contracts are exchanged and there is no going back!
- Please refer to all legal documents for this Lot in case any additional fees and reimbursements are listed in addition to the purchase price.
- It is the purchaser’s responsibility to make all necessary legal, planning, survey and finance enquiries prior to the auction.
A rare opportunity to acquire a substantial and prominently positioned four-storey mixed-use investment property situated in a highly visible trading position on Beacon Hill, close to the seafront and town centre amenities of Exmouth. The property occupies an established commercial location benefiting from strong pedestrian footfall and a thriving local tourism economy.
Temple Winds comprises a characterful hybrid art gallery and café at ground floor level, providing an attractive commercial frontage and versatile trading space. The commercial premises offer scope for continued gallery/café use or potential alternative retail or hospitality operations, subject to any necessary consents.
Arranged over the upper floors are nine self-contained residential flats, all of which are currently let on Assured Shorthold Tenancies, producing a combined rental income of £66,060 per annum. The residential element provides an established income stream with potential for future rental growth, subject to market conditions.
The property’s scale, mixed-income profile and prime coastal location make it an appealing opportunity for investors seeking a ready-made income-producing asset with both residential and commercial elements.
KEY FEATURES
- Prominent four-storey mixed-use building
- Ground commercial/retail space floor hybrid art gallery and café
- Nine residential flats
- Flats fully let on Assured Shorthold Tenancies
- Current combined rental income: £68,580 per annum
- Located close to the seafront and town centre amenities
- Established investment with potential to enhance income
- Potential to enhance income and value through future rental growth and active asset management, subject to market conditions
A versatile and substantial investment opportunity in one of East Devon’s most popular coastal towns.
ACCOMMODATION
COMMERCIAL
Ground floor: Shop with main seating and servery areas, kitchen, WC's.
RESIDENTIAL
Lower ground floor:
Orchid: Kitchen/living room, bedroom with en-suite shower room/WC, utility.
Iris: Lobby, kitchen/living room, bedroom with en-suite shower room/WC.
Ground floor: Communal entrance, stairs to lower ground floor level and rising to upper floors.
First floor: Dahlia: Kitchen/living room, bedroom with en-suite shower room/WC; Rose: Kitchen/living room, bedroom with en-suite shower room/WC; Lily: kitchen/living room, bedroom with en-suite shower room/WC.
Second floor:
Lilac: kitchen/living room, bedroom with en-suite shower room/WC; Daisy (Bedsit): Kitchen/living room/bedroom with bathroom/WC separate and located across the hallway; Tulip: Kitchen/living/bedroom, bathroom/WC.
Third floor:
Petunia: Kitchen, living room, bedroom and bathroom/WC.
LOCATION
Situated in the heart of Exmouth's town centre and conveniently located for the stunning beachfront and marina.
TENURE
Freehold subject to tenancies.
TENANCIES & LEASE INFORMATION
RESIDENTIAL
All let on assured shorthold tenancy agreements. Please refer to the auction legal pack for the individual flat details.
COMMERCIAL
Let on a xxxx year lease dated from xxth 2026 with current rents reserved of £xxxxxx per annum.
EPC Ratings:
Residential Flats (by name)
Dahlia: C
Daisy: D.
Iris: D.
LIlac: D.
Lily: C.
Orchid: D.
Petunia: C.
Rose: D.
Tulip: D.
Commercial
Ground floor cafe: B.
WHAT3WORDS
///pillow.packet.pitch
BROADBAND & MOBILE COVERAGE
Broadband: Ultrafast available
Mobile: Good outdoor. Good indoor.
Source: ofcom.org.uk
VIEWINGS
Please call on 01395 247000 to book into one of the scheduled block appointments. Viewings: By appointment only or as advertised by the auctioneer. Internal viewings may be limited if units are occupied — purchasers should refer to auction pack and obtain surveys.
IMPORTANT INFORMATION
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
AUCTION LEGAL PACK & FINANCE
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
PRICE INFORMATION
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide. Please check our website regularly at www.247propertyauctions.co.uk or contact us on 01395 247000 for up to date information. Following the fall of the hammer contracts are exchanged and there is no going back!
- Please refer to all legal documents for this Lot in case any additional fees and reimbursements are listed in addition to the purchase price.
- It is the purchaser’s responsibility to make all necessary legal, planning, survey and finance enquiries prior to the auction.
Summary
- Auction end
- 4th Jun at 10:30
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- 9
- Bathrooms
- 9
- Council tax band
- Ask Agent
Guide Price: *
£525,000
Fees apply
Buyer's fee:£3,600
Admin fee:£1,140
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
† Traditional
Opening bid:
£525,000Bid history
0 bidsSummary
- Auction end
- 4th Jun at 10:30
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- 9
- Bathrooms
- 9
- Council tax band
- Ask Agent
This property is being sold by:
247 Property Auctions
01395247000
info@247propertyauctions.co.uk
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Proptech and 247 Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
Refreshing the Page
To make sure that you are seeing the latest information for the property, we recommend you refresh the page. This ensures you're seeing live information and not stored (cached) data. If the page disconnects from the Internet, refreshing the page will show the latest information.
Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
Pursuant to the Auctioneer Act 1845, this auction is being conducted by the auctioneer stated above. All participants in this online auction shall note that both the Auctions (Bidding Agreements) Act 1927 and 1969 shall apply.
Where stated in the bid box above, you agree that Bamboo may pre-authorise your card for the amount of the Buyer's fee and Deposit. You will only be charged if you are the winning buyer. We will release the pre-authorisation at the end of the auction. You card issuer may take up to 10 working days for this amount to be available to you in your account.
