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For sale by Unconditional Online Auction.
A twenty-seven bedroom, detached former care home with a two-bedroom annex in Newent, Gloucestershire. Sold with vacant possession
A substantial, detached property in Newent, formerly operating as a care home. Given the size and scope of the property, we believe that it would suit a variety of different uses, subject to all the relevant consents.
The property sits on Culver Street which leads directly into the town centre where you’ll find a selection of local amenities including shops, a pharmacy, post office and a selection of pubs, cafes and eateries. Larger towns of Gloucester and Cheltenham are also within easy reach, providing a much more extensive range of amenities and services.
The property itself is split over three floors along with an annex and includes twenty-seven bedrooms, multiple kitchens and bathrooms as well as various other rooms. A full breakdown can be found below.
Viewings are advised and offers invited.
Accommodation
Ground Floor
Four Reception Rooms
Two Kitchens
Seven Bedrooms (Four with En-Suite)
Utility Room
Office
Storage Room
Spa Room
Bathroom
Two WCs
First Floor
Reception Room
Sixteen Bedrooms (Thirteen with En-Suite)
Two Storage Rooms
Bathroom
WC
Second Floor
Four Bedrooms (Two with En-Suite)
Room
WC
Annex
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from communal gardens and off street parking.
Draft Sales Details These sales details are awaiting vendor approval.
Tenure: Freehold
EPC Rating: B
Terms:
Auction Details:
The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price:
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.