For Sale By Auction | 14:00, 17 June 2025

Canal House, 1 Market Street, Highbridge, Somerset TA9 3BW

*Guide | £350,000 - £450,000 (plus fees)

  • Residential Development
  • Tenure: Freehold

Call the team on 0117 299 9889 for more information

Auction Date

Tue 17/06/2025

Auction Time

14:00

Auction Venue

Live Stream

Land With Planning Permission Approved

Offering to auction is this land situated in Highbridge, Burnham-On-Sea. There are two planning applications approved offering any potential purchaser a choice of development.

Tenure

Freehold

AUCTIONEERS NOTE

PLANNING (NO 11/10/00004): The site has the benefit of an extant permission (No 11/10/00004) for 14 apartments on the first, second and third floors with a restaurant on the Ground floor and Leisure Facility on the Lower Ground Floor

AUCTIONEERS NOTE

PLANNING (NO 11/22/0039): Resolution to grant permission for 29 x one and two bedroom luxury apartments with undercroft parking and lift to all floors (No 11/22/0039) has been obtained on 10/01/2023.

LOCATION

Canal House ( The old Cornhill), situated in the 'heart' of the expanding market town of Highbridge. The site has a unique and prominent corner position at the head of the town on the roundabout joining Market Street, the main shopping area in Highbridge, Church Street and Huntspill Road, both of which form part of the A38, the trunk road to the South West. Highbridge also benefits from its close proximity to junction 22 of the M5 only 5 minutes drive from the centre and junction 23, 5 miles away with the new Park & Ride and service/staff induction centre for Hinkley Point C. There is a main line train station, linking the town to the rest of the country only 3 minutes walk along Market St and Bristol airport is 16 miles away.

VIEWINGS

Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.

FULL DETAILS

Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.

NOTICE TO BIDDER

Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

Local Authority

Somerset County Council

Solicitors

Southern Stewart Walker Solicitors, Ref: Claire Stanton, Tel: 0191 427 0770

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.