31 bed Guest House

PLANNING APPROVED - The property is split into 2 sections, with planning approved for both section 1 and section 2. The approved plans for section 1 are attached within the advert, however please contact branch for further information. Section 1 plans consist of 2 two bedroom apartments and 4 one bedroom apartments. Flat 1 – 1 Bed LGF 797 sqft Flat 2 – 2 Bed GF 880 sqft Flat 3 – 1 Bed GF 550 sqft Flat 4 – 1 Bed FF 685 sqft Flat 5 – 1 Bed FF 560 sqft Flat 6 – 2 Bed SF 753 sqft Please note section 2 mirrors section 1, however more accurate details can be sent upon request. Originally a Residential Boutique Care Home located in the Teignbridge area of Devon. The home has panoramic views stretching across the local town of Newton Abbot and the surrounding countryside. Considered Ideal for Redevelopment (subject to planning), Existing Providers and Investors. Original layout: * Approximately 0.31 Acres * Freehold * 31 Ensuite Bedrooms * Two Reception Rooms * Kitchen Facilities * Stunning Views * Viewing by appointment only Redevelopment The property is located in a prime residential location close to the centre of the town. With far reaching views and with a site that extends to approximately 0.31 acres the home offers tantalizing redevelopment or refurbishment opportunities (subject to planning). Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.