The Orchard, The Whitminster Inn, Whitminster, GL2 7NY
SOLD, £450,000


FOR SALE BY AUCTION

*** SOLD @ HOLLIS MORGAN JULY AUCTION ***

GUIDE £400,000 +++
SOLD @ £450,000

LOT 23
Wednesday 31st July 2019 ( NEW DATE )
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00

THE PROPERTY

A Freehold 2.7 acre parcel of land formerly an Orchard with vehicular access from the A38.
The land is set back from the road adjacent to The Whitminster Inn and China Garden restaurant both established businesses with excellent local reputations.
The Orchard has a permanent marquee ( S.10/1203/FUL, retention of marque for temporary period / in situ since 2006 ) with a license for 250 seated guests and scope for an additional 100 and is set in mature gardens with parking for approximately 100 vehicles as well as an outdoor BBQ area, Bar area, Kitchens, storage and bathroom facilities.

LOCATION

The village of Whitminster lies between Stroud ( 5 Miles West ) and Gloucester ( Six Miles South ) on the A38 with J13 of the M5 motorway just 1 mile away.
Main line railway stations are found at Stonehouse, Stroud & Gloucester with services to London (Paddington) & Bristol (Parkway).

THE OPPORTUNITY

VENUE WITH PERMANENT MARQUEE

The Orchard and marquee has been run as a successful wedding and party venue since 2006 with a license for 250 guest and space / potential to increase this to 350 ( subject to consents )
Historically the venue turns over approximately £250,000 gross annually hosting weddings, parties, christmas events and charity functions – this is made up of hire fees and then upselling food and drinks.
Please refer to legal pack for statement from owners on potential income streams.

LOG CABINS – PLANNING GRANTED

Planning has been granted for 16 log cabins to be erected in the grounds to provide holiday accommodation.
This has the potential for an excellent revenue stream when built into the venue package with scope for circa £30 per night per cabin.
Please refer to legal pack for planning information.

HOTEL – PLANNING GRANTED

Planning was granted for a 60 Bedroom unit.
Please refer to legal pack for planning information.

RESIDENTIAL DEVELOPMENT

There may be scope for residential development of the site subject to gaining the necessary consents.

HISTORICAL INCOME

This is based on information provided by the vendors based on historical information on annual revenues.

Christmas Party Nights - £90,000
Christmas Day - £10,000
New Year’s Eve - £12,500
Charity Functions - £40,000
Weddings - £100,000
Total income attributable to the marquee £252,500 (gross)

PLANNING GRANTED - LOG CABINS

ReferenceS.13/1508/FUL
Application ReceivedMon 15 Jul 2013
Application ValidatedWed 17 Jul 2013
AddressWhitminster Inn Whitminster Gloucester Gloucestershire GL2 7NY
ProposalConstruction of an ancillary outbuilding, provision of 16 log cabins for tourist accommodation, and retention of marquee.
StatusPermitted
DecisionPermission
Decision Issued DateMon 14 Oct 2013
Appeal StatusUnknown

PLANNING GRANTED - HOTEL

ReferenceS.07/1234/FUL
Application ReceivedMon 21 May 2007
Application ValidatedMon 21 May 2007
AddressWhitminster Inn Whitminster Gloucester Gloucestershire GL2 7NY
ProposalTwo storey hotel accommodation to provide 30 bedrooms. (Revised plan submitted 19.07.2007)
StatusPermitted
DecisionPermission
Decision Issued DateWed 13 Feb 2008
Appeal StatusUnknown
Appeal Decision

PLANNING HISTORY

S.05/1823/FUL, retention of existing marque for three years
S.07/1165/FUL, relocation of existing marque for a temporary period
S.07/1234/FUL, two storey hotel accommodation to provide 30 bedrooms
S.07/2001/FUL, erection of additional two storey hotel building to provide 30 bedrooms
S.10/1203/FUL, retention of marque for temporary period

GUIDE PRICE

An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

RESERVE PRICE

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

WHY HOLLIS MORGAN?

Hollis Morgan regularly hold the largest property auctions across Bristol and the West Country from our iconic Sale Room in Clifton, since we formed in 2010 we have sold the most £££'s of land and property by Public Auction in the region - EVERY YEAR!
Between 2010 and 2018 we have held 51 auctions, offering 1321 lots and raising over £269m for clients across the region.
Did you know….Hollis Morgan sold more £££’s of land and property by auction than all the other Bristol Auctioneers combined in 2018 with over £44m of successful sales!

TESTIMONIALS

We are very proud of what our past clients have say about us - please visit the Hollis Morgan website to read their testimonials.

CHARITY OF THE YEAR

Hollis Morgan are supporting Bristol Zoo’s Bear Wood Appeal as our 2019 charity of the year with 5% of each buyers premium being donated.
Bear Wood is an exciting new development due to open in Summer 2019 at Wild Place Project. The exhibit will transport visitors back in time when the woodland was inhabited by European brown bears, Eurasian lynx, European wolves and wolverine, showing the effects of woodland loss on our native animals.
In 2018 we were delighted to be involved in raising £10,000 over 3 events for the “Off The Record” Bristol based mental health charity - www.otrbristol.org.uk
Visit the Charity page of our Website for further details - https://www.hollismorgan.co.uk/charity/

AUCTION PROPERTY DETAILS DISCLAIMER

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller.

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