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124-126 Manor Court Road, Nuneaton, Warwickshire, CV11 5HL

Unsold, the last bid was for £335,000. Please refer to Auctioneer for Reserve.
 

Guide Price £365,000 plus fees


Thursday 7th July 2016

11.00am
Key Features
An Attractive Two Storey Former Office Premises with the benefit of Planning Permission for conversion to a twelve en-suite bed Hotel/Guest House. The property is also considered suitable for conversion to Apartments subject to Planning Permission, whilst a large adjoining plot is considered suitable for Residential Development subject to obtaining the appropriate Planning Permission
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Unsold, the last bid was for £335,000. Please refer to Auctioneer for Reserve.

Residential Development

Is Preliminary Lot

False

Location

The premises occupy a large regular shaped site fronting Manor Court Road near its junction with Manor Park Road and Earls Road.
Manor Court Road is a main arterial road serving this predominantly well established and popular residential area of Nuneaton.
There is easy access to the town centre via the B4102 Queens Road or alternatively via the B4114 Central Avenue.
Nuneaton is a well established commercial centre, located approximately 20 miles east of Birmingham city centre and 9 miles north of Coventry. There is good local access to the Midland motorway network via the M6 and M69 motorways.

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Town Planning

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Planning Permission was granted by Nuneaton & Bedworth Borough Council on the 26th January 2016 for a change of use from office B1 to Hotel Bed and Breakfast C1 with associated car parking. Planning Reference No. 033686.
All interested parties should make their own enquiries of the planning department within Nuneaton & Bedworth Borough Council on 02476 376 376 as to their proposed future use of the property and adjoining site.

Property Description

The premises comprise a two storey end terraced property of traditional brick and tile construction with a later addition to the rear of brick construction.
Internally the property is configured as offices however some preliminary works to convert to a Hotel/Guest House have been commenced in part.
The property is suitable for completion of the conversion as per the current Planning Permission or may alternatively be considered suitable for conversion to residential apartments subject to obtaining Planning Permission.
Externally the property is self-contained with a brick boundary wall, and having vehicle access off Manor Court Road, with surfaced car parking for approximately 10 cars and a large grassed garden area.
The area immediately adjacent to the main buildings is considered suitable for residential development subject to Planning Permission. The current owners have had Architects drawings prepared showing a pair of four bedroomed semi detached dwellings. The drawings are available for inspection within the Legal Pack.

Tag Line

An Attractive Two Storey Former Office Premises with the benefit of Planning Permission for conversion to a twelve en-suite bed Hotel/Guest House. The property is also considered suitable for conversion to Apartments subject to Planning Permission, whilst a large adjoining plot is considered suitable for Residential Development subject to obtaining the appropriate Planning Permission

Tenure

We understand that the property is Freehold and vacant possession will be given upon completion.

Value Added Tax

We understand that VAT will not be chargeable on this transaction.

Viewings

Strictly by arrangement with the Auctioneers.

Tenure: