A RUN-DOWN Newton Abbot building, described as ‘decrepit’, is on the market.
The falling down premises is attracting a huge amount of interest despite its dilapidated state.
Auctioneers say the property, at the rear of 100 Queen Street in the town centre, is being looked at by people keen to create a ‘dream property’.
Listed with a guide price of £20,000 to £30,000, it is described by Network Auctions in their catalogue as ‘a freehold development site comprising garage and store,’ which has lapsed planning for a two-storey dwelling.
But the auctioneers’ video tour shows the extent of the works required. Potential buyers are urged to be cautious while on site. Being sold on behalf of the Trustees in Bankruptcy, the land and building is surrounded by residential properties.
Toby Limbrick, auctioneer, said: ‘This is a brilliant project for somebody to be creative with.
‘There are so many ways someone could maximise the site and realise the true value.
‘I’m sure the neighbours and locals are sick of looking at this decrepit old building in their lovely village.
‘The property has lapsed planning for a dwelling and we think there is great potential.’
The land will be sold online with Network Auctions on March 17. For more information visit: www.networkauctions.co.uk for a video tour.