Sold - £760,000
Sold - £760,000
For sale by auction
1st January 2030
Pier View Hotel, 34 Oldminster Road, Sharpness, Gloucestershire GL13 9NA
Guide Price £700,000 (plus fees)
Price £700,000
Description
Dating from 1894 Pier View Hotel is a large Victorian 3 storey public house, set back from the road and centred on an elevated plot of circa 1.75 acres. It enjoys an open outlook towards the Sharpness Docks and benefits from a large carpark to the front. We understand the property is not listed but is of local historic and architectural importance.
Situated in the town of Sharpness the property enjoys easy access to the A38 and M5 and is positioned opposite the terminus of the Sharpness/Berkley branch railway line.
Accommodation
The accommodation comprises a ground floor pub/restaurant with fully equipped commercial kitchen and cellar barrel pump room. Upstairs there are 6 hotel bedrooms plus large managers maisonette comprising 4 reception rooms, kitchen, 3 double bedrooms and 2 bathrooms. The property is generally in good condition although could benefit from cosmetic updating. The property now offers a unique opportunity to continue as pub and hotel with significant scope to increase both sides of the business or wholesale redevelopment subject to planning.
Development Potential
The land to the side and rear of the property offers an opportunity for infill development subject to the necessary planning consents. Whilst two applications for 23 and 14 dwellings have been refused there is still significant scope for a smaller development that preserves the existing sightlines to the property. The building itself offers an opportunity to reconfigure the upper floors to create more guest accommodation by reducing the size of the managers flat. Alternatively the property could be converted entirely into residential accommodation subject to the necessary planning consents being obtained.
Additional Fees
Administration Charge
Disbursements
EPC Rating: C
Local Authority: Stroud District Council
Tenure: Freehold
Should you wish to make a pre or post auction offer, you must complete the form.
Before making your offer you should view the property, review the legal pack and know that if accepted you are entering in a binding contract of sale.
You will be required to pay a 10% deposit, the auctioneer’s admin fee and any search pack fees or buyer premiums as applicable.
Only once contracts have been exchanged will the property be withdrawn from the market.
Your offer will need to be your best bid and typically be at the top end or in excess of the guide price to be considered.
In some instances, it may not be possible to make a pre-auction offer.
Address of the Property you wish to make an offer on
Pier View Hotel, 34 Oldminster Road, Sharpness, Gloucestershire GL13 9NA
Should your offer be accepted, you will be required to transfer a 10% deposit and all buyers’ fees to the auctioneer.
If you have not viewed the property or the legal pack, your offer is likely to be rejected.