Lot 30

PART FORMER PUBLIC HOUSE SITUATED IN AN ATTRACTIVE HISTORIC BUILDING WITH SEA VIEWS

Granville Bars, Victoria Parade, Ramsgate, Kent, CT11 8DF
Granville Bars, Victoria Parade, Ramsgate, Kent, CT11 8DF
Sold £310,000

A unique opportunity to acquire part of this historic building situated along Ramsgate’s seafront promenade.

Granville Bars, is situated within Granville House (formerly known as the Granville Hotel) which was designed by the famous architect Edward Welby Pugin and later converted into apartments.

Occupying a substantial part of the ground floor and basement this property is full of history and character, notably the grand fireplace located within the Banqueting Hall a replica of which, we understand, can be found in the House of Commons. Further information regarding the building's history can be found on various websites.

The bar has now been unoccupied for a number of years and is in need of restoration and improvement. It is considered that the property could continue to be run as an events and drinking establishment or be converted into flats, subject to all necessary consents being obtainable.

Ground Floor

Main bar, ballroom, cloakroom leading to kitchen, foyer, W.C.s and banqueting hall to rear

Lower Ground Floor

A number of rooms with tunnel leading to seafront - believed to now be closed.

Auctioneer's Note 1

We have been advised by the Seller that empty building rates are not payable. Interested applicants should make their own enquiries in this respect.

We are also advised that VAT will not be payable on the sale price.

Auctioneer's Note 2

A schedule of net internal floor areas is available upon request from the Auctioneer's Office.

Auctioneer’s Note 3

The lease has been varied to allow residential development. A copy of the Lease and Deed of Variation will be available to download from the Clive Emson website.

Tenure

Remainder of a 999 year lease, from 25th December 2012, at a peppercorn ground rental.

Local Planning Authority

Thanet District Council. Tel: 01843 577000. Website: thanet.gov.uk.

Viewing

Interested applicants are advised to bring a torch with them to the viewing.

Video

To see a video of part of the property click here

Leasehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/