South Road, Weston Super Mare, Weston-Super-Mare

Guide Price £550,000 - For Sale

  • For Sale By Public Auction
  • Thursday 26th September 2019
  • County Cricket Ground, Bishopston BS7 9EJ
  • Legal Packs via our website

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

SOLD FOR £640,000. FREEHOLD RESIDENTIAL DEVELOPMENT OPPORTUNITY A substantial detached former care home of approximately 12,554 sq ft, situated in an elevated position with stunning views across the seafront in Weston-super-Mare. Occupying a site of circa 0.5 acres, the core property is an attractive, 3 storey Victorian building that has been extended over the years and also includes a single storey annexe. The property currently benefits from 9 parking spaces and offers potential for conversion to provide a scheme of large residential apartments, subject to obtaining the necessary planning consents.

FOR SALE BY AUCTION -

This property is due to be auctioned on the 26th September 2019 at The Grace Room, The Bristol Pavilion, County Ground, Nevil Road, Bishopston, Bristol at 7pm.

VIEWING -

SOLD FOR £640,000

SUMMARY -

SOLD FOR £640,000

DESCRIPTION -

An attractive and generously proportioned former care home (approx. 12,554 sq ft GIA) occupying a site of circa 0.5 acres. The core property comprises a 3 storey Victorian building which retains a wealth of attractive period features and has been substantially extended to the north and west elevations over the years. There is also a single storey annexe to the front of the main property known as Cedar Lodge and parking for 9 vehicles.

LOCATION -

The property is situated in an elevated position on South Road in Weston-super-Mare and benefits from spectacular panoramic views over Weston Bay. Weston-super-Mare is located approximately 27 miles southwest of Bristol and is easily accessible via the M5. Easy access is provided to the town centre and the property is situated on the edge of Worlebury Hill woods. The neighbouring properties on South Road are predominantly residential making this an ideal opportunity for residential development or student accommodation.

ACCOMMODATION -

The former care home is arranged to provide various communal rooms, kitchens, laundry rooms and 37 bedrooms over the 3 floors. There is also a small cellar area. Over all levels, the gross internal area is approximately 12,554 sq ft (subject to on site verification).

OUTSIDE -

Externally, the property benefits from landscaped, terraced gardens and a car park for 9 vehicles.

PLANNING / DEVELOPMENT POTENTIAL -

We understand that the property has current permitted use as a care home. We consider that the property offers potential for conversion to 9 - 12 substantial residential apartments, subject to obtaining the necessary planning consents. There is also scope for conversion to provide student accommodation or alternative commercial uses, again subject to consents. All interested parties should make their own enquiries with the Local Authority.

LOCAL AUTHORITY -

North Somerset Council.

TENURE -

The property is offered for sale on a freehold basis (as seen) with vacant possession.

PLANS -

Full scale measured survey plans are available upon request.

ENERGY PERFORMANCE CERTIFICATE -

Rating: B

SOLICITOR -

Mr J Scott, Addleshaw Goddard LLP
Tel: 0161 934 6529
Email: jason.scott@addleshawgoddard.com

BUYER'S PREMIUM -

Please be advised that all purchasers are subject to a £1,000 plus VAT (£1,200 inc VAT) buyer's premium payable upon exchange of contracts.

*GUIDE PRICE -

Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

RESERVE PRICE -

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

PROXY BIDDING -

If you are unable to attend the auction then you can submit a proxy bid. This will authorise a representative of Maggs & Allen to bid on your behalf up to a pre-set amount. The proxy bidding form is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and 2 cheques (one for the 10% deposit and one for the buyer's premium of £1,200 inc VAT) is required by the auction department no later than 4pm on the day of the auction.

ATTENDING THE AUCTION -

If you are intending to bid and are successful, the following will be required:

* Proof of identity (valid passport or photo driving licence).
* Proof of address (bank statement, recent utility bill, council tax bill or tenancy agreement).
* 10% deposit payment.
* Buyer's premium payment.
* Details of your solicitor.

DEPOSIT & BUYER'S PREMIUM PAYMENTS -

Forms of acceptable payment:

* Cheque
* Bankers Draft
* Debit Card Payment

For card payments:
Please ensure that you advise your bank of the potential payment prior to the auction.

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Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.