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The Bird on the Rock Tea Rooms, Clungunford, Craven Arms, SY7 0PX

Lot no: 205 Sold Prior to Auction
 

Guide Price £350,000 plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Reservation Fee is subject to a minimum of £6,000.

Thursday 29th July 2021

10.00am
Key Features
  • 17th Century Character House
  • Separate Two Bedroom Cottage
  • Detached Barn with Potential
  • Award Wining Tea Rooms
  • EPC Rating: E/D
  • Lovely Gardens and Paddock
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Sold Prior to Auction

Detached house

Property Description:

An opportunity to purchase a character country home which has enormous potential for expansion.

It was once an internationally renowned tea rooms and has the potential to be an immensely successful business. It is situated on the edge of the tiny village of Clungunford in the beautiful Clun Valley .

The Bird on the Rock is in a delightful rural setting


The property stands about 12 miles west of historic Ludlow. It includes three half-timbered character buildings in just under 2 acres of garden and paddock. The main building includes two separate tea room areas on the ground floor together with well equipped kitchen and toilet facilities. On the first floor the former owners accommodation is presently used as show rooms and storage area. It includes a former living room area plus two large double bedrooms and a bathroom as well as a small study.

Lavender Cottage is a separate two storey cottage presently tenanted and has been used for holiday accommodation. It is well presented and includes a delightful ground floor living room with wood burning stove and inglenook fireplace, together with small fitted kitchen. On the first floor are two bedrooms and a bathroom. There is also a detached two storey small barn at the rear of the main building which has potential for conversion.

The central heating for both the main building and the cottage is provided by separate oil-fired boilers. The main building also has wood burning stoves in the main two rooms

The adjoining grounds include formal gardens as well as outbuildings, including a large poly tunnel. A Stream runs through the property. There is an opportunity for horse-grazing within the paddock, part of which is currently used as an overflow car park .


AGENTS NOTE: this property has been subject to flooding on two separate occasions that we are aware of. For more information regarding this please contact a member of the team

Info we have on file as below:

FLOOD: 10/2019 - river, house + annex, ankle deep;

02/2020 - surface water, annex there is a drain that was covered which the vendor has uncovered after the 2nd flood (he was not aware it was there as someone else has covered it in the past.)

Tenure:

Freehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.