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Guide Price: £550,000.00

Modern Method of Auction

Four Winds Guest House , 17 Station Road , Southampton , SO31 7GJ

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CURRENT BID*

£573,000.00

(Place a bid)

AUCTION CLOSED

Lot Number: 30965183

Property ID: 68418138

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £573,500.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

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Guide Price

£550,000.00

Method of Auction

Modern

Property Type

Commercial

Number Of Beds

5+

Tenure

Freehold Property

Address

Four Winds Guest House

Key Features

• For Sale By Online Auction
• Sizeable Plot
• Development & Refurbishment Opportunities STPP
• 8 Bedrooms
• Commercial Or Residential Buyers Welcomed
• Self Contained Annex Potential
• Close Distance To Swanwick Train Station
• Easy Motorway Access
• Motivated Seller Looking To Change Lifestyle
• Buyers Fee Applies
• Pre Auction Offers Considered
• Auction Pack Available On Request

Description

Welcome To Four Winds Guest House!

For sale by online auction with pre-auction offers considered.

Located in the heart of Park Gate on Station Road. Within walking distance, you have all your desired amenities. Local shops include Sainsburys Local, The Co-Op and if you need to shop more substantially Waitrose is a short drive away. If evenings out are on the agenda, then you must try The Gate Craft Bar in Middle Road for some live music, quality refreshments and an all-round superb atmosphere. Swanwick Train Station is just a few minutes’ walk from the property and has direct trains to Southampton & Portsmouth along with providing access to London Waterloo in just over 2hrs. Families the schools are Park Gate Primary and Brookfield Secondary. Warsash renowned for its Marina and boating opportunities is a short drive away and let’s not forget Whiteley which has its own shopping Village, Cinema, Restaurants, and plenty more. This really is a wonderful location with an abundance of benefits!

This Guest House has opportunity for commercial and or residential buyers with scope for improvement as a business and or family home. We are on the lookout for either someone looking to move into the hospitality industry and take over this exciting opportunity of a business or a home mover looking for a project to convert and refurbish this property into a stunning family home.

As a business there is plenty of room for improvements here’s a few increased revenue generators:

Use Of Social Media
Refurbishment Of Accommodation
Living Quarters Into Short Term Accommodation
Use Of More Booking Platforms Including Airbnb, Booking.com etc
Room Rate Increase
New Website
Re-Brand
With UK holidays and Staycations being so popular for UK residents this could be a superb investment for someone looking to expand their portfolio or someone looking to change their lifestyle.

As a family home this is a truly unique opportunity to acquire a property that spans over 2700 sqf. With some reconfiguration, imagination, and refurbishment this could rival some of SO31’s most iconic homes.

This property is offered for sale by the ‘modern method of auction’ through an Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE.

Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property you will be required to complete further identity checks for anti- money laundering purposes, provide card and solicitors details before you are able to place a bid.

Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above a single figure guide price or if a guide price bracket is quoted the reserve will fall somewhere within those figures.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: SO31 7GJ

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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