Unique Property Bulletin 26 February 2012

The Metropolis Comedy Club

The Metropolis Comedy Club (c) 2012 ETP Property Consultants

Russell Howard not included !

The Comedy Club, Metropolis, 135-137 Cheltenham Road, Montpelier, Bristol, BS6 5RL is a substantial detached property with access from Cheltenham Road and Sydenham Lane. As with the Manningham Pool from an earlier Bulletin, we would suggest that anyone interested in the Metropolis Comedy Club, consider asking the planning authority whether a mixed change of use would be considered. Convert part to a unique residence, and retain the bulk of the club for its original purpose. The combined use would help with the viability of any re-opening. We know this for a fact as on one of our other websites we cover approximately 20 buildings refurbished and reopened with over 100 jobs preserved or created, some in a similar manner to the suggestion above. So we know a little about this.

Typically by combining a unique home and business, the overheads are much reduced. Living costs become marginal, and with the right business model, a renewed building can be restored to former glory, and as mentioned, viability which is extremely important in the current economic climate.

Such a combined lifestyle is well worth considering. If it was good enough for Sir David Jason to live above the shop in the comedy television series Open All Hours, then it is good enough for many. Not just good enough, but from experience a fantastic quality of life.

The Metropolis Comedy Club general details:-

Large open plan room at its core, with viewing gallery, fully functioning stage and very high ceilings.

Ancillary accommodation includes offices, kitchen, bar, ladies and gents toilets.

Car parking space to the rear

External smoking/drinking area to the front.

Connected to all mains services.

Guide Price £350,000

Telephone: 0117 973 1474 or 01633 250 826

Online Brochure ….

http://etpproperty.co.uk/detail.asp?propertyid=370

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With This Building, I, Thee Wed.

Former Registry Office (c) 2012 Pugh Auctioneers.

23 Portland Square, Carlisle, Cumbria, CA1 1PEA is very nice building with a wonderful history. This former Marriage Registry Building has approximately 535.85 sq m (5,768 sq ft) of space to play with.

A fine example of why it is important to keep an eye on “unsold” property that goes through an auction.

Simply put, unsold lots usually mean that a potential buyer is in a very good position. There is the luxury of time for due diligence, research, sorting out surveys and funding. Plus the fact that often an owner is keenly motivated to sell by virtue of putting their building into the auction in the first place.

Writing of virtue, this is the usual place to find it…..

Former Registry Office (c) 2012 Pugh Auctioneers.

Location: The property is situated on the edge of Carlisle city centre on the eastern side of Portland Square. Access to Portland Square is via Brunswick Street off Warwick Road (A69).

Description: Two storey end terraced premises previously used as the Registrar Office.

Accommodation:

Lower Ground Floor:73.35 sq m – 790 sq ft

Ground Floor:171.29 sq m – 1,844 sq ft

First Floor:170.52 sq m – 1,835 sq ft

Second Floor:120.69 sq m – 1,299 sq ft

Total 535.85 sq m – 5,768 sq ft (approximately).

Outside: To the rear of the property is a yard/parking area with space for approximately four to five vehicles.

Guide Price: PRIOR to not selling at auction (22nd February 2012) £200,000.

Worth making a competetive offer? Or even proposing !

Tenure: Freehold.

Further Details: Pugh & Company Ltd – 4 The Parks, Newton le Willows, WA12 0JQ – Tel. 0844 2 722444

Online Brochure:

http://www.pugh-auctions.com/Lot/Manchester/20120222/025

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Cold War Bunker

Hope Cove Bunker (c) 2012 Carter Jonas.

 

This huge radar complex air raid bunker at Hope Cove in Kingsbridge, Devon was constructed in 1952 and comprises two floors, with approximately 28 rooms and a gross internal area of 33,000ft2. There is also a radio transmission mast included within the sale which produces an annual income of around £11,000.

We are sorely tempted to expand this narrative, but for this Bulletin will keep it short, sharp and to the point as there is going to be a full detailed article on the Features section in a few months.

For now, we would suggest that the guide price MIGHT be subject to negotiation. These things are being bought for a handsome amount of money by data storage companies and computer server providers, but if, forgive the pun, you can slide an offer in “under the radar” you might just get a massive amount of property for substantially less.

If you don’t try, you don’t know if the sellers would say yes!

Location: Kingsbridge, Devon

Tenure: Freehold

Size: 3,066 sq m / 33,000 sq ft approximately.

Offers in the region of £750,000

Please contact Andrew Black – Tel: 01939 210171

Online Brochure:-

http://www.pldbgw-carterj.maximalls.net/property/display/113379

 

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Hot Property

But What Hot Property ? (c) 2012 Hunters Estate Agents

This building is following our recent bath house theme, but with a twist. A Turkish twist. Formerly a Victorian Turkish Bath House, this is a Grade 2 listed property, situated in the historic Burton St Leonards conservation area. The building has an interesting history, including time as a swimming pool in 1871, and finally a glass making factory in the latter 20th century.

What Lies Beneath ? (c) 2012 Hunters Estate Agents

The original pool is still in tact beneath the raised floorboards, which were added in the 1930’s. Anyone who has seen the inspirational Jimmy Stewart film, It’s A Wonderful Life knows what can happen with a covered over swimming pool !

The property comes with planning permission for an exceptional 4 bedroom property and is available to view on UKplanning.com and via Hastings Borough Council. Application numbers HS/FA/09/00325 and HS/LB/09/00332.

Hallway

Room 14’5″ x 14’5″ (4.4m x 4.4m).

Room 14’5″ x 7’10” (4.4m x 2.39m).

Room 14’1″ x 5’7″ (4.3m x 1.7m).

Main Room 65’7″ x 36’1″ (20m x 11m). Former swimming pool (now covered over), gothic features, stained glass windows, vaulted roof (height to roof aspect 21’8″ (6.6m). Side door to outside area.

Outside There is a long walled side path approx 80 feet (24.38m) in length, which has potential to be paved or receive decking to form a terrace.

Guide: £245,000

Hunters Estate Agents Tel: 01424 429355

Online Brochure ….

http://www.huntersnet.co.uk/property/view?property=9406

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Castle In The Air II

Morpeth Castle Apartment (c) 2012 YourMove Estate Agents.

Normally we don’t include parts of castles, but for the benefit of some readers who read our earlier Feature on castles, and indicated that they are looking for the finished item, and not a huge pile but a small pilette, here we have the top floor apartment of a nice castle conversion at Morpeth.

Accommodation comprises:-

Entrance Hall

Open Plan Living Room/Kitchen

Including units: Wall and base units, sink and drainer unit with mixer tap, integrated refrigerator/freezer, double oven, dishwasher, ceramic hob, single glazed window.

Cloakroom/WC

Low level WC, wash hand basin, storage.

Stairs To:-

First Floor

Bedroom 1: 9′ 10″ x 12′ 11″ (3m x 3.94m). Single glazed skylight style window.

Bedroom 2: 9′ 9″ x 8′ 3″ (2.97m x 2.51m). Single glazed skylight style window.

Bathroom/WC

Suite comprises bath with shower over, low level WC, wash hand basin, tiling to floor and walls, spotlights to ceiling, heated towel rail, storage cupboard.

External. Allocated off street parking. Garage.

Guide – reduced from £165,000 to: £155,000

Telephone Your-Move Agents: 01665 320002

Online Brochure….

http://www.your-move.co.uk/property-for-sale/flat-for-sale-morpeth-court-castle-bank-morpeth-ne61-1-sale-id-527796757

 

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Unique Lifestyle

Alt Motel (c) 2012 B & A Ward

For readers who have been with us for a while, you will know that we have ended up buying hotel, after hotel after hotel in search of our “Two-Summers-No-Winters” adventure.

This particular property, or rather plural – properties caught our eye. Not so much a unique building, though its location is spectacular, but this property falls neatly into our Hotel Syndicate Unique Lifestyle category.

That is the path we have followed with previous hotel features that we ended up buying. Talk about working in a sweet shop and eating all the Maltesers!

This property is fairly far north. That is one of the delightful secrets a lot of people do not know about. In the summer it can be like the south of France. The idiot writing this has caught SUNSTROKE twice in the far north of Scotland! That kind of says it all.

Alt Motel (c) 2012 B & A Ward

So here we have a VERY competitively priced series of properties. The sum total price is around £258,000 for the

Alt Motel, Ledmore, Sutherland, IV27 4HF

http://www.thealtmotel.com/

We understand from the selling agents that the main lot includes 7 apartments for sale. That equates to around £36,000 per apartment. In past hotel syndicates we have, due to the nature of these transactions, managed to shave a significant amount off of the price. No guarantees here, but with current commercial mortgages being VERY rare and requiring huge deposits, any purchaser 100% equity/cash driven can command a very decent discount.

Alt Motel (c) 2012 B & A Ward

If you fancy joining in with one of our Unique Property Hotel Syndicates, please drop a note via our Contact Page for more information. For the avoidance of doubt this is NOT timeshare. The way our solicitors structure the purchase, each person, or couple own their part of the building outright. They can then enjoy the property when they choose, and if the desire for a modest income also arises, rent the place out when away.

The general estate agency details are:-

FULL DESCRIPTION

A delightful Motel in a most scenic position on the side of Loch Borralan.

A total of 7 purpose-built self contained fully furnished Apartments.

Fishing Rights for both Boat & Bank on the 118 Acre Loch Borralan.

Idyllic location with fantastic views.

Family run for 15 years and offered for sale due to retirement.

SITUATION: The Alt Motel is situated in the Assynt district of West Sutherland. It is divided by the A837 single track road. It lies approx. 2 miles from Ledmore, 19 miles from Ullapool and 76 miles from Inverness. This area is an anglers and a hill walker’s paradise. It hosts a multitude of lochs, glens, hills and mountains in a region which has often been called one of the last remaining unspoiled areas of the United Kingdom. It provides ample opportunities for the outdoor enthusiast.

Ullapool, the nearby town with a population of approximately 1,700 people, has flourished over the last few years. It also has a good supermarket and a number of other useful shops, a leisure centre, good restaurants, a swimming pool, sailing club, a 9 hole golf course and ferry services to the Outer Hebrides. There are excellent primary and secondary schools, and because of the Motel’s somewhat remote but accessible location a coach pick-up operates daily for school pupil’s transportation.

Lochinver lies some 20 miles to the north and is a thriving fishing port. Other attractions in the area include the wonderful Summer Isles. Inverness, a vibrant, modern city, is just over an hour and a half’s drive from Loch Borradale by road. Its airport, a further 7 miles to the east, offers links to the south and parts of Europe.

THE PROPERTY: The current owner enjoys an adequate income from the apartments and out of choice of lifestyle only currently operates them for six months of the year. They are delightfully furnished and are a mix of twin & double bedroom units. There are also two family units comprising 4 beds and one 3 bed unit. In the Apartments there are cooking facilities and refrigerators with some having microwave ovens. There are free standing wardrobes in the majority of the units and a fitted wardrobe in the larger family apartment.

All the apartments have electric heaters fitted.

There is a wonderful pub and restaurant, separately owned, within 50 metres of the Motel for customers to enjoy a hearty meal and drink should they not wish to cook themselves.

THE BUSINESS: The current owner has run the Motel for the last 15 years and has enjoyed the custom of varying type of visitors from both the UK and abroad who have stayed with them. Some of whom return again and again. The business attracts customers visiting the Highlands of Scotland, often using the Motel as a base to explore the surrounding countryside or to simply unwind and fish on the Loch for trout and the rare arctic char stocked in the water.

The purchaser will be acquiring the rights to the superb wild brown trout and char fishing on Loch Borralan’s 118 acres. The issuing of fishing permits and boats will be under the new owner’s control. Loch Borralan has been a popular fishing Loch for centuries and the riparian authority over the water had been held exclusively by the old Altnacealgach Hotel until a disastrous fire brought about its destruction in 1985. The subsequent hotel demolition and then the building of the Motel apartments have continued this fishing tradition and the present owners have enjoyed the company of many, many hundreds of anglers during their ownership. Wild brown trout over five pounds and arctic char have been caught on Borralan’s waters while fish of a pound-and-half are common and catches of over a hundred fish over the period of an anglers holiday are the norm for a keen angler who will share this wonderful water with a fantastic family of otters. Two boats are included in the sale.

Although the owners through personal choice open only from April to September we are informed there would be a demand for a longer period.

TRADING INFORMATION: Financial information including accounts will be made available to seriously interested parties.

TENURE: FEUHOLD (Scottish equivalent to freehold).

OTHER INFORMATION: There is the possibility of additionally buying a plot of land for a family 3 bedroom bungalow with full detailed planning and stunning Loch views. Alternatively there is the added opportunity of investment by purchasing land plots as detailed planning has been approved for three 3 Bedroom Houses and three Holiday Cottages, which are to be situated near to the Motel as well as The Westerly Plot comprising some 6.99acres (approx) with outline planning consent

VIEWING: Please call Ronnie Jenkins at RE/MAX on 0845 601 9676.

Online Brochure ….

http://www.rightmove.co.uk/commercial-property-for-sale/property-18509604.html