House For Sale £799,000
This 12 bed Guest House now further reduced to less than 65% of it's former value for quick sale. Validated Planning application pending to convert parts of the property to luxury apartments, so window of opportunity now limited to purchase as going concern.
Rather fine, late 18th Century imposing Grade II listed Georgian Town House in central Beverley, with unparalleled views of the Minster and overlooking the Minster Pasture (originally part of the Archbishop’s Hunting Park).
Sitting on the foundations of the Archbishop of York’s Bailiff’s residence and including a large basement housing an historic well dating 1600’s (reputed to be fed from the same source as that used by St John of Beverley).
More recently operated as 10+ Bed Guest House, with separate owner/manager luxury apartment and having been valued at £ 1.25 Million in 2015/16, a combination of factors including, the need for refurbishment and the owner /managers wish to develop other interests, mean that offers will be considered at only £ 875,000 + (an almost 33% Discount or only 2/3rds of earlier value).
Having formerly had full planning permission as a single town house, as well as 6 separate apartments / dwelling houses and subsequently a large Guest House, the property has fantastic potential either (I) as a going concern with refurbishment and new management, including the possibility of developing a Restaurant / Tea Rooms in the Ground Floor Apartment (planning previously approved, though lapsed) or (II) reversion to a large family home, (III) as a prestigious head office or (IV) reversion to 5/6 separate dwelling house / apartments (plus possibility of additional apartment in rear garden).
Discussions with planners suggest no real issue’s with any of the suggested options, though the owner is happy to contract subject to planning with the right incentives / partnership.
The present owner having lost interest / motivation, hence the substantial discount on previous value, is open to all offers / expressions of interest over the suggested starting figure and is willing to consider an outright sale or partnering any interested parties in their ambitions for the property.
Please be aware, that there is an enforcement notice registered on the Local Land Charges Register, requiring the front column’s of the property to be repainted white in line with listed building requirements. The column’s have since been repainted and removal of the registered notice is pending.
Rather fine, late 18th Century imposing Grade II listed Georgian Town House in central Beverley, with unparalleled views of the Minster and overlooking the Minster Pasture (originally part of the Archbishop’s Hunting Park).
Sitting on the foundations of the Archbishop of York’s Bailiff’s residence and including a large basement housing an historic well dating 1600’s (reputed to be fed from the same source as that used by St John of Beverley).
More recently operated as 10+ Bed Guest House, with separate owner/manager luxury apartment and having been valued at £ 1.25 Million in 2015/16, a combination of factors including, the need for refurbishment and the owner /managers wish to develop other interests, mean that offers will be considered at only £ 875,000 + (an almost 33% Discount or only 2/3rds of earlier value).
Having formerly had full planning permission as a single town house, as well as 6 separate apartments / dwelling houses and subsequently a large Guest House, the property has fantastic potential either (I) as a going concern with refurbishment and new management, including the possibility of developing a Restaurant / Tea Rooms in the Ground Floor Apartment (planning previously approved, though lapsed) or (II) reversion to a large family home, (III) as a prestigious head office or (IV) reversion to 5/6 separate dwelling house / apartments (plus possibility of additional apartment in rear garden).
Discussions with planners suggest no real issue’s with any of the suggested options, though the owner is happy to contract subject to planning with the right incentives / partnership.
The present owner having lost interest / motivation, hence the substantial discount on previous value, is open to all offers / expressions of interest over the suggested starting figure and is willing to consider an outright sale or partnering any interested parties in their ambitions for the property.
Please be aware, that there is an enforcement notice registered on the Local Land Charges Register, requiring the front column’s of the property to be repainted white in line with listed building requirements. The column’s have since been repainted and removal of the registered notice is pending.
