Substantial Former Motel – Twenty One Beds - Considered Suitable For Variety Of Uses (STP)

Not inspected by Auction House, however understood to briefly comprise a substantial former motel now requiring refurbishment, situated on a good sized plot with parking for 15+ cars. Considered suitable for a variety of uses, conversion and / or development, subject to the required consents being obtained. Originally comprising of twenty-one bedrooms, nine of which have en-suites, the original house has been extended significantly and was once used as a motel. The previous owners extended it further by building three large garages with three en-suited studio's above them. Nearly all of the rooms included kitchen areas and are large enough to fit a double bed. There are a number of former lounges/recreation rooms that have the ability to be converted into further bedrooms if necessary. There is also a shared kitchen and number of utility rooms. Externally, three large garages offering further storage and the driveway itself has the ability to hold 15+ cars. The separate studios have both en-suites and were fitted with kitchen areas. Sliding glass doors lead onto balconies with panoramic views of the Shropshire hills. Located on one of the highest plots in Church Stretton, this property has potential for residential or commercial use. Located on a secluded plot in the idyllic Church Stretton National Park, considered suitable for investors or developers. Church Stretton high street is an approximate ten minute walk from the property and offers excellent local amenities including a supermarket, restaurants and a number of public houses. The M54 and M6 are accessible via the A49. Equally Ludlow is just a short twenty minute drive south on the A49. Tenure: freehold Title number: SL266716 Length of Lease/Term: Ground Rent : £ Service Charge: £ Council Tax Band : A Local Authority: Shropshire Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Local Authority

Shropshire County Council

Additional Fees

Administration Charge - 2.75% inc VAT of the purchase price, subject to a minimum of £3600 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.