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Guide Price£10,000

Development Opportunity adjacent to Premier Inn, Southernhay Gardens, Exeter, Devon, EX1 1UH

Key Features

  • On the instructions of the Joint Fixed Charge Receivers
  • Leasehold development opportunity
  • Site area 359.57 sq m (3,870 sq ft)
  • Planning consent for an office building of approximately 18,945 sq ft (1,760 sq m).
  • There is no right of access to the site from the public highway
  • Vacant possession

Description

Guide Price £10,000
For sale by online auction , registration is now open. Bidding opens on 26/03/2026 10:00 and ends on 26/03/2026 13:10.

DescriptionThe property comprises a level, roughly rectangular site of approximately 359.57 sq m (3,870 sq ft) with lapsed planning consent to extend the hotel site. Known as Phase 2 in all documentation the development site forms part of the Premier Inn and car park development being formed by the ground floor slab on which the hotel was built.

The site does not benefit from rights of access to the public highway. The buyer will need to negotiate access rights over the adjoining Law Court's land and/or the Landlord's freehold estate.LocationThe ancient city of Exeter is located on the River Exe approximately 32 miles south-west of Taunton, 11 miles north-west of Exmouth and 45 miles north-east of Plymouth. The city is accessible via the A380, A30 and A377 trunk roads, with the M5 motorway (Junctions 30 & 31) providing access to the north-east up to Bristol. Exeter Airport is located approximately 6 miles to the east of the city centre.

The property is accessed from Southernhay Gardens on the edge of the city centre, adjacent to the Premier Inn and Exeter Law Courts and the main city centre office developments around Southernhay. All city centre amenities are available within a short walk of the property.

Property details

Tenure
Leasehold
Council Tax Band
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Date Posted
2026-02-26

Leasehold Information

Length of Lease
989 years remaining

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
Garden

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