On instructions of the Board of the Trustees of Lilian Faithfull Homes
FOR SALE FORMER CARE HOME FACILITY Cheltenham
Dowty House St Margaret’s Road Cheltenham GL50 4EQ 12,484 sq ft (1,159.78 sq m) 0.20 Hectares (0.495 Acres) Central
area location Adjacent to a major redevelopment site Development/refurbishment opportunity Suitable for a variety of uses subject to planning
Dowty House, St Margaret’s Road, Cheltenham, GL50 4EQ Location The Property is situated fronting St Margaret’s Road in the section between Monson Avenue, North Place car park (development site) and Northfield Passage. Directly opposite the Property is the recently extended retail and leisure scheme, The Brewery Quarter.
The Property is situated on an approximate site area of 0.2 hectares (0.495 acres).
Interested parties should make their own enquiries with the Local Billing Authority.
Accommodation
Guide Price
The Property comprises the following approximate Gross Internal floor areas:
Offers in excess of £1.5 Million.
Area
Sq m
Sq ft
Ground Floor
652.45
7,023
First Floor
507.33
5,461
1,159.78
12,484
Total Planning
The Property appears to have established use within Class C2 (Residential Institutions) of the Town & Country Use Classes Order 1987 (as amended). Cheltenham Borough Council’s planning website confirms the Property as being subject to a Local Listing. Further enquires regarding the potential alternative uses should be made of the Local Planning Authority, Cheltenham Borough Council. Services We are advised that all main services are connected or available.
Description The Property comprises a substantial two storey period building which was extended during the 1960’s . The Property has until recently has been used as a care home facility and includes passenger lift and kitchen facilities.
We confirm we have not tested any of the service installations and any occupiers must satisfy themselves independently as to the state and condition of such items. Council Tax/Rateable Value The Property is currently assessed for Council Tax purposes within Band G. A change of occupation may, however, require re-assessment for Council Tax or Rating purposes.
Method of Sale The Property will be sold by informal tender with offers invited by 15th June 2018 for the freehold interest with vacant possession upon completion. A letter confirming the method of sale is available on request.
Dowty House, St Margaret’s Road, Cheltenham, GL50 4EQ Legal Costs
Important Notice
Each party is to be responsible for their own legal costs incurred in the transaction.
These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.
Energy Performance Certificate
An EPC will be provided. Asbestos Regulations It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source. VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the sale price We recommend that the prospective purchaser establish the implications before entering into any agreement. Subject to Contract Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
Viewing Arrangements The building will be open for inspection on the following dates: 25th April — 10.30 am to 12.30 pm 8th May — 2.00 pm to 4.00 pm 23rd May — 10.30 am to 12.30 pm Information Pack Additional information relating to the building including floor plans, land survey drawing, Asbestos Report and Drain Survey are available in a pdf format.
Alder King Property Consultants Brunswick House Gloucester Business Park Gloucester GL3 4AA
www.alderking.com Philip Pratt 01452 627123
[email protected] Ref: PJP/JH/N87568 Date: April 2018
John Hawkins 01452 627135
[email protected]