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The Old Passage, Arlingham, Gloucester, GL2 7JR

Sold Prior to Auction
 

Guide Price £350,000+ plus fees

Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) along with a buyers fee and complete within a set time period.
Live Streamed

Wednesday 31st March

11.30am
Key Features
  • A commercial property formally running as an award-winning Seafood restaurant
  • Comprising flexible well-proportioned rooms with fantastic storage and outbuildings
  • Situated on the banks of the River Severn
  • EPC Rating: E
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Sold Prior to Auction

Commercial Property

Property Description:

A unique opportunity in the picturesque village of Arlingham with lovely views over the River Severn. Formally run as a Seafood Restaurant this property has flexible well-proportioned rooms with fantastic storage and outbuildings. The Old Passage is formally a commercial property but has potential for alternative uses, subject to permissions. Amongst the accommodation, there is ample storage to the lower ground floor and attached garaging. Outside, the grounds are mostly laid to lawn with a terrace and patio area taking in the views of the Severn.

Accommodation:

Lower Ground Floor: Entrance hallway, wcs, two offices, utility, cellar, wine cellar
Ground Floor: Entrance hallway, lounge, wc, breakfast room, reception room, plant room, communal kitchen, store
First Floor: Three bedrooms with ensuites, laundry room

Outbuilding:
Lower Ground Floor: Entrance, kitchen/sitting room, bedroom
Ground Floor: Bathroom

Outside: Store and garage

Location:

The property has excellent access to the A38 and M5 (J13), providing direct access to Cheltenham, Gloucester, Bristol and the Midlands. The nearby village of Frampton-on-Severn has a village shop, post office, pubs, a primary school, surgery and marina. Major services are available in Cheltenham and Gloucester, as well as theatres, premiership rugby and National Hunt Racing.
First-class schooling is available and local private schools include Wycliffe, Beaudesert Park, and the Cheltenham Colleges. Sporting and leisure activities in the area include racing, cricket, walking the River Severn, sailing and hunting with the Berkeley and Severn Vale hounds.

Note:

The buyers fee for this lot is £2,400 inc VAT.

Completion Date:

The completion period will be 40 business days.

Tenure:

Freehold.


Viewing Details

Please ensure you have viewed the video tour, if there is one available, and if you would still like to view the property please contact the auction team.

Legal Pack

The Conditions of Sale (also known as the legal pack) will be deposited at the offices of the auctioneers and sellers’ solicitors/licensed conveyancers prior to the auction and the buyer shall be deemed to have knowledge of same whether inspected or not. They are also available to download from our website (under the Lot Information section). Any questions relating to them must be raised prior to the auction. Prospective buyers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. The buyer will also be deemed to have read and understood the Buyers Terms printed within the sale catalogue and available under the Lot Information section of our website.

*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. A full definition of the Guide Price and the Reserve Price can be found in the Buyers Terms.

Energy Performance Certificates

EPCs can be viewed in full in the legal pack or from the lot information section of our website.

Auction Type: Unconditional with Fixed Fee

Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price. Prospective buyers will need to register to bid remotely via our website, prior to the auction day. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits.

Auction Fees

The sale of this lot is subject to a buyer’s fee which is stated above and payable on the fall of the hammer. The purchase of this property may include additional associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the Lot Information section, or to find out more about any additional fees associated with this property please contact the auction office.

Virtual Viewing