Former Squash Courts, Wells Road, Malvern, WR14 4HA

1892 sq ft Commercial Property
£100,000 Freehold £75,000 - £100,000 Guide Price
SSTC
£100,000 Freehold £75,000 - £100,000 Guide Price
[MAP]

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Contact the Ledbury Office on 01531 634648 Option 3.

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  • 1892 Square Feet

 

  • FORMER SQUASH CLUB, EXTENDING TO APPROX 1,892 SQ FT (NIA)
  • SUITABLE FOR A VARIETY OF USES SUBJECT TO PLANNING
  • FOR SALE BY PUBLIC AUCTION, UNLESS SOLD PREVIOUSLY
  • AUCTION AT 6PM ON THURSDAY, 6TH DECEMBER, AT THE FEATHERS HOTEL, LEDBURY
  • GUIDE PRICE - £75,000 TO £100,000

Description

FORMER SQUASH CLUB, EXTENDING TO APPROX 1,892 SQ FT (NIA) SUITABLE FOR A VARIETY OF USES SUBJECT TO PLANNING FOR SALE BY PUBLIC AUCTION, UNLESS SOLD PREVIOUSLY AUCTION AT 6PM ON THURSDAY, 6TH DECEMBER, AT THE FEATHERS HOTEL, LEDBURY GUIDE PRICE - £75,000 TO £100,000

Location & Description

The property is located in the sought after area of Malvern Wells. The Malvern urban area has a population of approximately 40,000 with a thriving business community and two mainline railway stations running services on the Hereford to Paddington and Hereford to Birmingham railway lines. There is good access to the road network with the M5 and M50 motorway easily accessible.

A unique opportunity to acquire a former squash club suitable for a variety of uses subject to planning permission. The property currently comprises two squash courts, mezzanine viewing area and two small changing rooms. In addition to the main building there is a long leasehold interest in Hornyold Court comprising two shower rooms and a WC. Viewing is highly recommended.

Squash Courts - 1628 sq ft (151.24 sq m)

Entrance hall, two squash courts, small changing areas, stairs leading to mezzanine floor.

Mezzanine - 264 sq ft (24.53 sq m)

Mezzanine viewing area spanning the entire width of the building.

Hornyold Court

Two shower blocks and separate WC.

Services

We have been advised that mains services are connected to the property. This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant local authority. No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.

Agents Notes

PLANNING - No enquiries have been made of the local planning authority in order to verify the use classification and interested parties are advised to check with the local planning department. ENERGY PERFORMANCE CERTIFICATE: The EPC Rating for this property is D (81). LEGAL ENQUIRES & DOCUMENTATION: The selling agents have a full legal pack prepared by the vendors lawyers which can be made available to potential buyers or their legal advisors. Please note on completion the buyer will reimburse the seller for the cost of all searches undertaken. This pack has been prepared by: Jeremy Croshaw Russell & Co Solicitors: jcroshaw@russell-law.co.uk Tel: 01684 892000 INFORMATION FOR PROSPECTIVE BIDDERS AT AUCTION BIDDERS REGISTRATIONS Potential buyers are required to register their details before bidding. At registration you will need to provide your full name and address and the solicitor/legal representative who will be acting on your behalf. You will also need to prove your method of payment of the deposit and that you have necessary proof of identify to comply with money laundering regulations. You are advised to register prior to the date of the auction at one of the offices and you will need to bring your proof of identify with you to the sale where you will be allocated a personal bidding number which will enable you to bid. A bidders registration form is available upon request. Please bring this along to one of our offices at least 48 hours prior to the auction or ensure that you attend the auction registration desk at the auction venue at least 30 mins before the advertised start of the sale. There is no charge for registration. The auctioneer reserves the right to refuse a bid where registration has not taken place and to offer the lot to the under bidder. PROOF OF IDENTITY In compliance with Money Laundering Regulations bidders are required to provide photographic identification and evidence of residency. Buyers must provide the following: 1. Photographic identify document such as a current passport or UK driving license AND 2. An original utility bill, building society or bank statement, council tax bill or any other form of identity document (excluding credit card statements and mobile phone bills) that has been issued within the last 3 months and provides evidence of residency at the correspondences address stated on the registration form. If the bidder is acting on behalf of another party they will be required to provide the documents above for themselves and for the named buyers for whom they act, as well as providing a letter of authority from the buyers authorising them to bid on their behalf. If the bidder is acting on behalf of a company, the above documents will still be required together with written authority from the company and a copy of the certification of incorporation. It is advisable to ensure that this process is satisfactorily completed and approved well before the sale. DEPOSITS A deposit payment, which is payable on the fall of the hammer, is calculated at 10% of the purchase price (or £3000 whichever is greater). Buyers should arrange to bring either a bankers draft/counter cheque, building society draft or debit card to the sale room to cover their maximum bid. Personal and company cheques will not be accepted unless agreed by prior arrangement even if you are well known to us and have bought from us previously. If you wish to pay by personal or company cheque you should contact us at least 3 working days prior to the auction. A £20 fee will be charged (payable in cash only) upon acceptance of any personal or company cheque to cover the bank chargers for special clearance. Buyers may pay deposits by either Maestro or Visa debit cards (not credit cards). Transactions must be in person and cannot be accepted over the telephone. Buyers should note that cash will not be accepted for deposit payments. Important all buyers are advised to inspect all available legal documentation prior to bidding and you will be deemed to fully understand your liabilities if successful. Liabilities could include stamp duty, land registry fees and VAT which may become payable upon completion in line with any property transaction whether it is be auction or private treaty. If you are in any doubt you should seek advice from your own professional advisors. AUCTION 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 light of interest shown during the marketing period, a guide price is issued. The 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 (see below). Both the guide price and reserve price can be subject to change up to and including the day of the auction. RESERVE PRICE This is seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. A 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.

Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request. John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchases/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.

Tenure

TENURE - The Property is for sale, subject to legal verification, on a freehold basis with a leasehold interest in part of Hornyold Court by auction, unless sold previously. The Auction is to be held at the Feathers Hotel, Ledbury, on Thursday 6th December 2018, starting at 6PM. GUIDE PRICE - £75,000 - £100,000

Energy Performance Certificate

The EPC rating for this property is (D).

Viewing

By appointment to be made through the Commercial Department at the Agent's Ledbury Office, Tel 01531 634648 Option 3. Block viewings only, viewers must take care when parking along the A449.

MISREPRESENTATION ACT, 1967 - JOHN GOODWIN - Conditions under which Particulars are issued:
John Goodwin for himself and for the Vendors or lessors of this property whose agent he gives notice that:

  1. The particulars are set out as a general outline only for the guidance of intending purchasers or leasees and do not constitute, nor constitute part of, an offer or contract.
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
  3. No person in the employment of John Goodwin has any authority to make or give any representation or warranty whatever in relation to this property.

Directions

Proceed along the A449 before reaching The Wells Business Centre / McColl's Store on the right hand side, the property is located to the rear of Hornyold Court adjacent to The Wells Business Centre. The approach to the property is by right of way over a private drive serving Hornyold Court.

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Ledbury

3-7 New Street,
Ledbury, Herefordshire
HR8 2DX
01531 634648

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01684 892809

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