For Sale: Part-Complete Period Residential Terrace Conversion

Size:

Site area: Approx 0.37ha (0.91 acres)

Building Type:

Residential conversion and refurbishment of a terrace of 11 properties to create 10 houses and 2 apartments

Location:

1-11 Lonsdale Terrace, St Bees, Cumbria, CA27 0BW

Viewing Information:
Strictly by Prior Appointment

DOWNLOAD SALE PARTICULARS

Map:

For sale on behalf of the Joint Administrators of Remarkable Ventures 1 Ltd (in administration)

Opportunity

  • Hilco Global Real Estate Advisory has been instructed by the Joint Administrators of Remarkable Ventures 1 Ltd (in administration) to market for sale the part-complete conversion and refurbishment of a former Georgian Grade II listed boarding house to create a terrace of 10 houses and 2 apartments.
  • The former developer has part-completed the refurbishment and conversion, including initial strip-out, replacement of wiring and plumbing, basement tanking and has reached first –fix internally on certain properties.
  • The Property comprises a terrace of 11 houses with accommodation on basement, ground, first and attic floors. Gardens and parking to the front with yards/ garden to the rear.
  • Site area: Approx 0.37ha (0.91 acres)
  • Original planning and listed building consent was granted in 2016 which has been amended and updated on various occasions by the former developer. Full details in the data room.
  • Offers are invited for the property interest with vacant possession

Location and Connectivity

  • St Bees is a popular holiday destination on the Cumbrian coast, is close to the Lake District National Park and has a population of approximately 1,200. The village is renowned for its beaches, coastal walks, priory, private boarding school and has a wide selection of accommodation including hotels, B&B, self-catering and caravan and camping park.
  • The local railway station at St Bees is 150m from the Property and provides direct trains to Carlisle, Lancaster and Preston allowing access to the national rail network.
    Drive times to:
    Manchester – 146 miles – 2hrs 49mins
    Newcastle – 101 miles – 2hrs 21mins
    Glasgow – 138 miles – 2hrs 39mins
    London – 344 miles – 6hrs 14mins

Key Information

  • Viewings are strictly by appointment and open days may be arranged. Please contact the sole selling agents for details or to make an appointment.
  • Offers are invited for the freehold interest.
  • Interested parties should note their interest with us so that they can be informed of any closing date.
  • It is intended that the property will be sold by way of private treaty.
  • The Joint Administrators act as agents for and on behalf of the Company and without personal liability.
  • The Joint Administrators are not bound to accept the highest, or indeed any offer received.
  • VAT will be payable if applicable.
  • Each party is to bear their own legal costs.
  • Further information is available in a data room. Access will be provided upon request.

Contacts

William Garrood

Graduate Surveyor

London Office

+44 (0) 7720 160361

wgarrood@hilcoglobal.eu

Scott Marriott MRICS

Senior Director

London Office

+44 (0) 7825 420970

smarriott@hilcoglobal.eu

Nick Hughes MRICS

Senior Director

London Office

+44 (0) 7979 541238

nhughes@hilcoglobal.eu