Former hospital buildings (13,698 sq ft / 1272 sqm) occupying a prime river-front site of 0.25 acres. Development potential, vacant

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Description/Location

The 2-3 storey buildings are arranged across 2 sites with a connecting bridge spanning Mansion House Street. The original Victorian cottage hospital buildings and 1970s additions benefit from an on-site car park with access via South Embankment. Potential for a variety of uses including conversion to apartments, subject to the necessary consents.

VAT IS NOT APPLICABLE TO THIS LOT

Tenure

Freehold

Local Authority

South Hams District Council

Viewing

Please contact Charles Darrow Network Auctions on 01626 330022

Accommodation

Ground floor: Approximately 5,310.26 sq.ft. comprising treatment rooms, patient relative suite, boiler room and ancillary rooms First floor: Approximately 6,723.67 sq.ft. comprising of 5 wards, rehabilitation room, day room bathrooms, w.c's and ancillary rooms |Second floor: Approximately 1,664.96 sq.ft. comprising of staff changing rooms, staff room, offices, store room tank room, lift motor room

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.