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Madeira Cove Hotel, 32 - 34, Birnbeck Road, Weston-Super-Mare, BS23 2BX
Auction Guide Price +++ £550,000
LOT


LOT NUMBER

ADDRESS

Madeira Cove Hotel, 32-34 Bimbeck Road, Weston Super Mare, BS23 2BX

FOR SALE BY LIVE ONLINE AUCTION

Lot Number – TBC
The Live Online Auction is on Wednesday 14th October at 18:00
Registration Deadline is Monday 12th October

The sale will be streamlined LIVE ONLINE and you can BID by telephone, proxy or via your computer with your unique bidding PIN.
Registration is a simple 3 step process – download the online auction buyers guide for further details
Or simply email bid@hollismorgan.co.uk

EXTENDED COMPLETION

Completion is set for 8 weeks or earlier subject to mutual consent.

VIEWINGS

External viewings at all times.

ONLINE LEGAL PACKS

Digital Copies of the Online legal pack can be downloaded Free of Charge.
Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List.
Follow the RED link to "Download Legal Packs" For the first visit you will be required to register simply with your email and a password.
Having set up your account you can download legal packs or if they are not yet available they will automatically be sent to you when we receive them.
You will be automatically updated by email if any new information is added.
There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when no further information is due to be added.
*** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot in the build up to the sale.

SOLICITORS

Heather Jones
Wards Solicitors
Heather.Jones@wards.uk.com
1-3 Alexandra Road, Clevedon BS21 7QF
01934 428816

THE PROPERTY

A Freehold site occupying a prime south facing seafront position overlooking the Bay and Grand Pier.
The existing building has traded as a Guest House for a number of years but now requires complete modernisation and has consent to be demolished.
Sold with vacant possession.

LOCATION

The property occupies a prime position in Weston Super Mare on the sea front and is conveniently located within close proximity of a wide range of local amenities situated within the Town Centre and Weston College.
There is excellent access to the M5 Motorway and a railway line to Bristol and London whilst Weston-super-Mare railway station is approximately 1 mile to the south and Bristol International Airport is approx 15 miles to the North East.

Bristol - 24 Miles
Taunton - 29 Miles
Clevedon - 12 Miles

THE OPPORTUNITY

FULL PLANNING GRANTED

Planning has been granted to demolish the existing guest house and erection of a new four-storey building comprising 10 new self-contained flats.
The scheme comprises 7 x 2 and 3 x 1 bedroom apartments with stunning views over the bay.

PLANNING GRANTED

Reference - 18/P/3335/FUL
Application Received - Fri 25 May 2018
Application Validated - Wed 11 Jul 2018
Address - Madeira Cove Hotel 32-34 Birnbeck Road Weston-super-Mare BS23 2BX
Proposal - Demolition of existing guest house and 1no. self-contained flat and erection of a new four-storey building comprising 10no. new self-contained flats.
Decision - Non Determination Appeal
Decision Issued Date - Tue 03 Dec 2019
Appeal Status - Appeal decided
Appeal Decision - Appeal allowed

PROPOSED ACCOMMODATION SCHEDULE

GROUND FLOOR

1 x 2 BED FLAT 96.91 m2

Entrance Hall
Semi Open plan Kitchen / Diner
Living Room
Master Bedroom, En Suite
Bedroom 2
Bathroom


FIRST FLOOR

2 x 2 BED FLATS
90.09 m2 & 88.86 m2

Hall
Utility / Storage
Open plan Kitchen / Living Area
Master Bedroom, En Suite
Bedroom 2
Bathroom

1 x 1 BED FLAT
54.88 m2

Hall
Open plan Kitchen / Living Area
Bedroom
Bathroom

SECOND FLOOR

2 x 2 BED FLATS
90.09 m2 & 88.86 m2

Hall
Utility / Storage
Open plan Kitchen / Living Area
Master Bedroom, En Suite
Bedroom 2
Bathroom

1 x 1 BED FLAT
54.88 m2

Hall
Open plan Kitchen / Living Area
Bedroom
Bathroom

THIRD FLOOR

2 x 2 BED FLATS
90.09 m2 & 88.86 m2

Hall
Utility / Storage
Open plan Kitchen / Living Area
Master Bedroom, En Suite
Bedroom 2
Bathroom

1 x 1 BED FLAT
54.88 m2

Hall
Open plan Kitchen / Living Area
Bedroom
Bathroom

OUTSIDE

Under croft Parking
Parking
Recycle Storage Area

PLANNING INFORMATION

Full details of the proposed scheme and drawings can be downloaded with the online legal pack.

BUYER'S PREMIUM

Please be aware all purchasers are subject to a £1000 + VAT (£1,200 inc VAT) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.

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.

PRE AUCTION OFFERS

Some properties may be available to buy prior to the auction.
Pre auction offers can be only submitted by completing the OFFER FORM which can be downloaded with the online legal pack - please email the COMPLETED form to – olly@hollismorgan.co.uk
Please note offers will not be considered until you have inspected the COMPLETE LEGAL PACK once it has been released.
There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when no further information is due to be added.
In the event of an offer being accepted the property will only be removed from the auction the online auction and viewings stopped once contracts have successfully EXCHANGED subject to the standard auction terms and payment of the buyer’s premium ( £1000 + VAT ) to Hollis Morgan.
Contracts will need to be exchanged promptly via the solicitors.

SURVEYS AND VALUATIONS

If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton.

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 Charity All Aboard Watersports as our 2020 Charity of the year with 5% of each Buyers premium being donated.
All Aboard Watersports strive to make it possible for everyone in the local community to join in a range of watersports and water related activities for people with physical, emotional or cognitive disabilities in the historic Bristol City Docks - www.allaboardwatersports.co.uk
In 2019 we were delighted to have raised well £10k for Bristol Zoo by supporting their Bear Wood Project at the Wild Place through events including the Hollis Morgan Opera Picnic and hosting their annual Gala Evening.
Visit the Hollis Morgan Charity page of our Website for further details - www.hollismorgan.co.uk/charity

WHY HOLLIS MORGAN?

Hollis Morgan hold the largest land & property auctions in the region.

Hollis Morgan sold more £££’s of Land & Property in both 2018 & 2019 than any other auctioneer in the region.
In fact, no auctioneer has sold more than Hollis Morgan since 2010 with over £289m of sales - £95m more than anyone else.
*Source EIG – Sales in BS and GL postcodes by agents based in BS or GL postcodes.

Hollis Morgan was the most successful Auctioneer in Bristol & North Somerset during 2018 – 2019 with an 87 % success rate.
*Source EIG – Sales in BS postcodes 2018 & 2019 by agents based in BS

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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