June 2022: Tuesday 14 June 2022 - 9:00am
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    Key features

    • Substantial former Surf Lodge/Youth Hostel with Change of Use/Development Potential (subject to necessary consents)
    • Plans produced for conversion to 9x spacious two bed flats (see plans & legal pack)
    • Positive pre-application advice for 13 units (C3 or C2 use) intended for care (see legal pack)
    • Currently comprises approximately 831 sq m (8,944 sq ft) over three floors on a site of approximately 0.063 hectares (0.157acres)
    • Property benefits from attractive sea views
    • Less than half a mile to the seafront

    Description

    The property comprises a substantial former surf lodge/hotel arranged over ground, first and second floors. The property has potential to be converted into flats (subject to necessary consents). Plans have been produced for conversion to 9x good sized two bedroom flats.

    Additional information

    Tenure

    Freehold.

    Accommodation

    Please note that the areas have been taken from the EPC and the property has not been inspected by Savills. Buyer's must rely on their own enquiries in this regard.


    Comprises approximately 831 sq m (8,944 sq ft)

    Planning

    For all planning enquiries please contact Cornwall Council for further information: www.cornwall.gov.uk/the-council-and-democracy/contacting-the-council/


    Rent

    Vacant Possession.

    Notes

    Please note the SPV/holding company is available under separate discussion.

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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.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      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

      Newquay is a highly popular holiday destination in Cornwall approximately 47 miles west of Plymouth. The area has benefitted from recent development and remains one of the most popular UK holiday town destinations. The property is located on the south side of Mount Wise, less than half a mile to the seafront, which would suit a residential development.

      Transport

      Rail: Newquay Rail (GWR).

      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