Former Sandy Lane care home up for auction with £800,000 guide price
A former residential care home in Bridlington is going up for auction – with the minimum bid £775,000.
The Sandy Lane Hotel Residential Care Home, on Sands Lane, will go under the hammer through Auction House Hull and East Yorkshire, with the opening bids starting at noon on Monday, September 29.
The scheduled end date for the process is Wednesday, October 1 at 1.10pm with the actual auction starting at 1pm on the same date.
The property has a guide price of £800,000 (plus fees) and the tenure is freehold.
An Auction House spokesperson said: “This substantial purpose-built former retirement home stands in one of Bridlington's most sought-after locations, enjoying sea views from many windows.
"Built in the 1960s, the four-storey building provides over 12,000 sq ft of accommodation, including six large communal lounges, two spacious dining rooms, a commercial kitchen, 29 single bedrooms with en-suite WCs, two large top-floor self-contained apartments, several offices, storage rooms and sluices, numerous communal bathrooms and WCs.
“The property occupies a site of over half an acre and includes ample off-street parking and three double garages. A large area of land that was previously the garden of the adjacent bungalow, is also included in the sale, which enhances the appeal of the property and presents additional opportunities for further redevelopment.
“The existing building also offers an opportunity to investors and developers to transform the property into luxury apartments; reinstatement as a care home; or transformation into a boutique hotel, (subject to necessary planning consent).
"Before deciding to sell, the vendors had plans drawn up for the alteration and extension of the upper floor accommodation to create two, two-bedroom Penthouse apartments.”
Go to www.auctionhouse.co.uk/hullandeastyorkshire/auction/lot/141900 for more information about the auction.