SOLD PRIOR
A substantial detached 20-bedroom guest house (approx. 577 sq m) with front and rear car parks and an additional bungalow to the rear providing further guest/staff accommodation. The property occupies a generous site of approximately 0.44 acres and offers potential for a variety of different residential or commercial uses, including conversion to two large HMOs or multiple flats (subject to consents). In addition, the land to the rear of the site presents scope for additional dwellings if planning consent can be obtained.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 13 September 2022 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWING -
By appointment.
SUMMARY -
SOLD PRIOR - SUBSTANTIAL 20-BEDROOM GUEST HOUSE ON A 0.44 ACRE SITE - POTENTIAL FOR HMO USE AND FURTHER REDEVELOPMENT
DESCRIPTION -
A substantial detached 20-bedroom guest house (approx. 577 sq m) with front and rear car parks and an additional bungalow to the rear providing further guest/staff accommodation. The property occupies a generous site of approximately 0.44 acres and offers potential for a variety of different residential or commercial uses, including conversion to two large HMOs or multiple flats (subject to consents). In addition, the land to the rear of the site presents scope for additional dwellings if planning consent can be obtained.
LOCATION -
The Willow Court Lodge Hotel is located on Gloucester Road, in Patchway, an area most convenient for access to the M4/M5 interchange as well as into Bristol City Centre and Filton, with its large number of major employers such as Airbus, Rolls Royce, MOD and BAE Systems.
EXISTING ACCOMMODATION -
GROUND FLOOR:
Comprising of 8 guest bedrooms (all with en-suites), a restaurant, bar, lounge, kitchen, office and store rooms. In addition, there is a one-bedroom owner's flat.
FIRST FLOOR:
Comprising of 8 guest bedrooms (all with en-suites) and two store rooms.
SECOND FLOOR:
Comprising of 4 further guest bedrooms (all with en-suites).
THE OPPORTUNITY -
The property is offered for sale with vacant possession upon completion and presents a wide range of possibilities for alternative uses. Due to the current arrangement with all of the guest bedrooms having their own en-suite facilities, the property lends itself to a conversion into two large HMOs (potential for 20-24 bedrooms in total). In addition, the land and existing bungalow to the rear of the site offer potential for the erection of additional dwelling(s), all subject to obtaining the necessary planning consents.
PLANNING -
Full planning consent was granted in April 2013 for the erection of single storey front extension and alterations to roofline including the installation of 3no. front dormer windows to facilitate a first floor extension to the existing rear bungalow to create a 3-bedroom house along with the erection of detached garage under Application No. PT13/0745/F. We understand from the vendor that works were started and the application is considered live.
LOCAL AUTHORITY -
South Gloucestershire Council.
TENURE -
Freehold.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE -
Rating: C
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,200 plus VAT (£1,440 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, TELEPHONE & ONLINE REMOTE BIDDING -
The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which 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 a cheque/bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
PRELIMINARY DEPOSITS -
The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:
£1,000 - £50,000: £2,000
£51,000 - £150,000: £5,000
£151,000 and above: £10,000
If your bid is successful, the balance of the deposit monies and Buyer's Premium (£1,440 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you.
