Freehold Former Bank Opportunity with Immediate Asset Management Opportunities
Vacant former bank building
Prominent position on High Street in Honiton town centre
Approx. 215.57 sq. m. (2,320 sq. ft.) arranged over ground and first floors
Potential for alternative uses (subject to planning)
Nearby occupiers include Boots, Costa Coffee, Cardfactory, Dominos and Specsavers
Not elected for VAT
Lot 24
Auction 11th December 2025
Vacant Possession
Status Available
Guide* Contact Us
Sector High Street Retail, Bank, Development
Auction Venue Live Streamed Auction
On Behalf of NatWest Bank
Property Information
Location
Miles
17 miles east of Exeter
Roads
A30, A35, A375
Rail
Honiton Railway Station
Air
Exeter International Airport
Situation
Honiton is a historic market town located in East Devon, approximately 17 miles east of Exeter. The property occupies a prominent position on the southern side of High Street, close to its junction with New Street, in the heart of the town centre. Nearby occupiers include Boots, Costa Coffee, Cardfactory, Dominos and Specsavers, together with independent retailers and cafes catering to both residents and visitors.
Tenure
Freehold.
Location
Miles
17 miles east of Exeter
Roads
A30, A35, A375
Rail
Honiton Railway Station
Air
Exeter International Airport
Situation
Honiton is a historic market town located in East Devon, approximately 17 miles east of Exeter. The property occupies a prominent position on the southern side of High Street, close to its junction with New Street, in the heart of the town centre. Nearby occupiers include Boots, Costa Coffee, Cardfactory, Dominos and Specsavers, together with independent retailers and cafes catering to both residents and visitors.
Tenure
Freehold.
Description
The property is a former bank building arranged over ground, first and second floors. The second floor along with the land to the rear has been let on a long lease and is currently used for residential purposes.
VAT
Not elected for VAT
Note
This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is a former bank building arranged over ground, first and second floors. The second floor along with the land to the rear has been let on a long lease and is currently used for residential purposes.
VAT
Not elected for VAT
Note
This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent
Ground First
Former Bank Ancillary
128.97 86.60
(1,388) (932)
VACANT
-
-
Second Rear Land
Residential Residential
-
-
INDIVIDUALS
125 years from April 2010
Peppercorn
Total
215.57
(2,320)
N.B. The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
