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Floorplan
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    Key features

    • To be offered on Wednesday 10 December
    • A freehold care home comprising of 60 rooms with en-suite bathrooms & associated communal spaces, detached caretakers house & under croft car parking space
    • Development & change of use potential for multiple dwellings and/or a co-living scheme (subject to the requisite consents)
    • Part complete and in need of finishing
    • Asset management potential in its current care home use
    • An approx. 5,213 sq ft of Under croft carparking space
    • No VAT on sale price
    • 6 weeks completion available
    • An approx. GIA of 31,602 sq ft (low capital value of £47.46 per a sq ft on guide price)

    Description

    A detached building of 3 internal linked buildings amounting to an approx. GIA of 31,602 sq ft. The property is situated across Ground and four upper floors. The property comprises of 60 rooms with en-suite bathrooms. There is also multiple communal rooms connected to the care home use including Reception, Laundry room, Sitting rooms, Dinning hall, Kitchen, Barbers and W/C's. Access to the upper floors is serviced by three sperate staircases and lift shafts. There is also an under croft car parking space at ground level and a detached two storey caretakers house located on the northern boundary of the site.

    The property is part built and in need of finishing, but offers asset management potential in its current use as a care home and/or development & change of use potential for multiple dwellings or a co-living scheme.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to the floor plan

    Total GIA an approx. 31,602 sq ft

    Total site are an approx. 0.32 acres

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. Prospective purchasers must reply upon their own enquiries prior to bidding. Please refer to the legal pack.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is located on the Western side of Riverside Road and at the junction with Dock Tavern Lane.

      Great Yarmouth station an approx. 2.5 miles from the property

      Transport

      Great Yarmouth Station - National rail services

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums