No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

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2024 07 04  16 06 30 333d5c79 c180 4985 8078 04dd9
2024 07 04  16 06 30 b5bcac63 8f52 4a94 ad7b c6b93

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0 bath

Key information

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Property description & features

  • This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than five working days from the bidding closing time 
  • By order of National Westminster Group
  • Freehold former bank premises totalling approximately 414.07 sq m (4,457sq ft)
  • Located in the heart of Tavistock, in close proximity to the renowned Pannier Market
  • Opportunity for redevelopment of the upper floors, subject to obtaining the necessary consents
  • Of interest to developers/owner occupiers and investors
  • Vacant possession
  • BLOCK VIEWINGS BY APPOINTMENT on Monday 15th and 22nd July at 11am
  • Online Auction on Thursday, 25 July 2024

The property comprises a mid-terrace, three storey building arranged over ground, first and second floors. It was formerly used as a bank with retail accommodation, offices and bank vaults on ground floor, along with offices and storage accommodation on the upper floors accessed via an internal staircase. The property totals about 414.07 sq m (4,457sq ft). There is an external metal staircase to the side of the property which offers a secondary route of access via Drake Road. 

Registrations to bid must be completed at least 1 day before the day of the auction and must be completed in the name that you intend to purchase in, as contracts cannot be changed after the auction sale


Location:

Tavistock is a market town in west Devon, situated on the River Tavy. It has a population of approximately 12,975 (2021) and is the only Devonshire town to hold a world heritage status. The main retail pitch for Tavistock is along Duke Street with occupiers including Boots, Mountain Warehouse, Costa, Co-op Food and Superdrug. The Pannier Market can also be accessed via Duke Street, an indoor market hosting local traders and a popular destination for tourists. The property is situated on Bedford Square on the roundabout that connects West Street, Duke Street and Drake Road. The building occupies a very prominent position, with entrances to the Pannier Market broadly opposite.

The premises is located within the Tavistock Conservation Area.


Online Auction on Thursday, 25 July 2024. For further information, such as legal documents and property information, please visit bidx1.com.

Places of interest

    BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 10,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £1.7 million worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, South Africa, Spain and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.

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    Broadband availability and predicted speed

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    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

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    Mobile phone signal availability and predicted strength

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