Page 13 - Shepherd February Commercial Auction 2023

Lot 8
45 Bedroomed Former Care Home
Grandview House, High Street, Grantown on Spey PH26 3HB
Features:
• Substantial Former Care Home • 45 bedrooms
• Extends to circa 31,885 sq ft
• Popular tourist location
• Suitable for a range of alternative uses (STP) • EPC Rating: G
Description:
Grandview House is a converted former Care Home, dating from the late 1800’s. The property has been operated as a Care Home since 1989 until the recent closure. It was previously the Palace Hotel. The main building is of solid stone and slate construction under a partial Mansard design roof. There are projections to the rear which are of masonry construction with flat roof coverings. Internally, the bedroom accommodation is mainly single occupancy and largely have en-suite facilities. There is basement accommodation which provides basic storage and access to service media. Two passenger lifts provide access between all floors (excluding the basement) and there are two fire exit stairwells. Externally, there are limited garden grounds. An enclosed compound houses an LPG Tank. There is vehicular access at the rear from Woodside Court which appears to be shared with neighbouring occupiers.
Location:
Grantown on Spey is one of the principal towns within the designated Cairngorm National Park area and is located approximately 35 miles south of Inverness. The town lies within Spey Valley and is renowned as an all year-round holiday destination with a vast range of hotels and guests houses together with Primary and Grammar Schools. The town is also well renowned for its sporting facilities which includes an 18-hole golf course, excellent salmon and trout fishing in the River Spey and facilities for other water activities, tennis, and bowling. The Cairngorm and Lecht mountain range as well as other winter sport facilities are within easy travelling distance. The subjects have extensive frontage to High Street and occupy a central location close to The Square. Surrounding occupiers include Claymore Bar, Zebra (gift shop), Beale and Pyper (home furniture shop) and Ashers Bakery.
Accommodation:
Ground Floor: 1837.80 sqm (19,782 sq ft) First Floor: 400.86 sqm (4,315 sq ft) Second Floor: 396.86 sqm (4272 sq ft) Attic: 326.67 sqm (3,516 sq ft)
Total Floor Area: 2,962.19 sqm (31,885 sq ft)
VAT: The property is elected for VAT. VAT will be payable on the purchase price.
Planning:
The property has most recently been operated as a Care Home. Other potential uses including conversion to residential (flats), hotel, hostel or tourist accommodation may be possible, subject to securing the appropriate Planning Permission from The Highland Council. Please discuss any proposals with the marketing agents.
Viewing: Viewings by arrangement with Shepherd Commercial Property Auctions -Tel: 0333 016 4000 *Guide Price £260,000+ (plus fees)
*Please see Buyer’s Terms for definition of guide price and auction fees
Tenure: See Legal Pack
VAT: The property is elected for VAT. VAT will be payable on the purchase price.
Auction Type: Unconditional Sale. Buyers fee is 1.5% plus VAT (1.8% including VAT), subject to a minimum of £1,500 plus VAT (£1,800 including VAT).
Next Auction: 28th May 2020 | 13
For identification purposes only. Not to scale.