July 2022: Tuesday 19 July 2022 - 9:00am
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Floorplan
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    Key features

    • Substantial Freehold Former Hotel with Planning Permission for 10 Flats and 4 serviced accommodation apartments
    • Permission granted for 1x three bedroom, 3x two bedroom and 6x one bedroom flats and 4x serviced accommodation apartments
    • Excellent active asset management / value add opportunity
    • Grade II Listed (no empty rates)
    • VAT-Free Opportunity

    Description

    The property comprises a substantial three storey building arranged as a former hotel. The vendor has already undertaken remedial works and stripped out internal walls. Planning permission has been granted for conversion into residential.

    Additional information

    Tenure

    Freehold.

    Accommodation

    Please note the arears provided are approximate and the property has not been inspected by Savills.


    Comprises approximately 724 sq m (7,793 sq ft) over basement, ground, first and second floors.

    Previously was arranged as a hotel with 19 en-suite bedrooms.


    Tenancy

    Vacant Possession.

    Planning

    Planning permission was granted in September 2021 (ref: SL/2021/0443) for 10 self contained residential flats (1x three bed, 3x two bed and 6x one bed) together with 4x serviced accommodation apartments. Please visit South Lakeland District Council website for further information (www.southlakeland.gov.uk/planning-and-building/planning/planning-applications/search-for-a-planning-application/).


    Rent

    Vacant Possession

    Notes

    Please note the site areas provided are approximate. The photos and red/yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.


    VAT is not applicable to this lot.

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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

      Ulverston is an attractive market town in Cumbria, situated on the edge of the Lake District, approximately 38 miles north-west of Lancaster and 70 miles north of Blackpool. The property is located on the south side of Daltongate with nearby occupiers including Tesco Express, Boots the Chemist, Co-op Food, Greggs and a number of independent shops, cafes, restaurants and hotels.

      Transport

      Train: Ulverston


      38 miles north-west of Lancaster

      70 miles north of Blackpool

      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