LOT 40 - Commercial Auction - 11th February 2020

Vacant Freehold Mixed Use Land and Buildings The Old Wood Mill, Bridge, Ambleside, , LA22 9NJ LOT 40 - Ambleside Vacant Freehold Mixed Use Land and Buildings The Old Wood Mill, , Ambleside, Cumbria, LA22 9NJ

GUIDE PRICE * £1.25M+

Commercial - 11th February 2020 The Berkeley, Wilton Place, Knightsbridge, London, SW1X 7RL Morning session: Commencing at 10.30am with Lot 1 Afternoon session: Commencing at 2.30pm with Lot 51

Key Features Additional Information • Comprising a former Mill and warehouse buildings, Office/Residential building and a • The property comprises a number of commercial/residential buildings totaling 1,146 sq Cottage totaling 1,146 sq m (12,335 sq ft) m (12,335 sq ft) including a former Mill together with two detached buildings (Mill House and Kiln Bank) on a site extending to approx. 1.05 ha (2.6 acre) • 2.6 acre site including woodland and part of the River • Potential for a variety of uses and redevelopement subject to consents • The Old Wood Mill, previously used as a slate works and HQ for Kirkstone Quarries, is a • Lapsed planning permission for a micro hydro electricity scheme two storey building of traditional Lakeland Stone Construction. Arranged over ground and first floors the property was previously used as a showroom with ancillary • Located in the heart of the , 2 miles from Lake workshops and stores. In addition there are further single storey warehouses and

Vacant storage buildings • Mill House (previously used as offices and a house) is arranged over three floors and By Order of provides 4 rooms, kitchen and WCs on the ground floor; 3 rooms, bathroom and store Joint Fixed Charge Receivers on the first floor; and 3 rooms on the second floor • Kiln Bank (a cottage) is arranged on two floors (plus cellar) to provide 3 rooms, kitchen Tenure and utility on the ground floor; and 1 room with en suite bathroom and dressing room on Freehold the first floor • There is a public footpath across the site from Skelwith Bridge to Elterwater via Skelwith Location Force (waterfalls) Skelwith Bridge is a village in the southern part of the Lake District National Park located 18 miles south of Keswick and 15 miles north west of Planning Lake WIndermere, 's largest lake, is about 2 miles to the east • The property may lend itself to a variety of alternative uses and redevelopment, subject The property is situated off the A593, 3 miles from Ambleside town centre to obtaining all the necessary consents. In addition the property was granted planning permission dated 28/09/2015 (lapsed) for a micro hydro electricity scheme (Reference No: 7/2015/5434) Further information is available on the local authority website: www.lakedistrict.gov.uk. Tel: 01539 724 555

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Allsop Sellers Solicitor Chris Childs. Nick Thackray. Tel: 0207 543 6817 Bevan Brittan LLP Email: [email protected] Tel: 0370 194 5483 Email: [email protected]

Joint Auctioneer Richard Percival. Carigiet Cowen Tel: 01228 635 006 Email: [email protected]

Unit Present Lessee Accommodation Lease Details Current Rent (PA) Next Review / Reversion

The Old Wood Mill Vacant Ground Floor Showroom 104.5 sq m 1,125 sq ft Vacant

Ground Floor Workshop/Warehouse 145 sq m 1,561 sq ft

First Floor Storage 123 sq m 1,324 sq ft

Workshops/Warehouses Vacant Ground Floor 456.5 sq m 4,914 sq ft Vacant

Mill House Vacant Ground Floor 77.5 sq m 834 sq ft Vacant (Office/House) First Floor 70.5 sq m 759 sq ft

Second Floor 56 sq m 603 sq ft

Kiln Bank Vacant Cellar 18.5 sq m 199 sq ft Vacant (House) Ground Floor 67 sq m 721 sq ft

First Floor 27.5 sq m 296 sq ft

Total 1,146 sq m 12,335 sq ft

N.B. Floor areas stated are Gross Internal Areas

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Lot 40, Commercial Auction - 11th February 2020 Date Printed: 20/01/2020 | Page 13 of 17 Lot 40, Commercial Auction - 11th February 2020 Date Printed: 20/01/2020 | Page 14 of 17 Lot 40, Commercial Auction - 11th February 2020 Date Printed: 20/01/2020 | Page 15 of 17 Lot 40, Commercial Auction - 11th February 2020 Date Printed: 20/01/2020 | Page 16 of 17 Disclaimer Prospective buyers are strongly advised to read the Auctioneers' Notices Part One and Part Two and all applicable conditions of sale and addenda. Important Note: these printed particulars are subject to change, please check the website ahead of the auction for any updates.

Important notice - guide prices, reserves and additional charges Please note that charges and fees additional to the sale price might be payable by the successful buyer in respect of the Lot. Please read the information below and check the Special Conditions of Sale, the Particulars of Sale and any addendum for the Lot before deciding whether or not to bid. *Guide Prices 1. Where a guide price (or range of prices) is given, that guide is the minimum price at which (or range of prices within which) the seller might be prepared to sell on the date on which the guide price (or range of prices) is published. The guide price will normally be at or above any reserve price. 2. The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website and you are advised to check the website regularly for updates. 3. All guide prices are Quoted "subject to contract". 4. Please note the guide price for the Lot does not include: - any Buyers' Fee charged by the auctioneers; - VATon the sale price; - SDLT or any other Government taxes; - additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers. 5. If a guide price is listed as "TBA", it means no guide price has been set at present. Please do not call our office about this - the guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates. Reserve Prices 6. The reserve price is the minimum price at which the Lot can be sold. 7. Whilst every effort is made to ensure that the advertised guide prices are up-to-date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price ju st before the Lot is offered for sale. Buyers' fees, Seller's fees and additional charges 8. For each Lot, on the fall of the hammer, a Buyers' Fee is payable to Allsop LLP as follows: Commercial Auctions: - All Lots: Buyer's Fee of £500 plus VAT(£600 inclusive of VAT) Residential Auctions: - Lots sold for £10,000 or more: Buyers' Fee of £1,000 inclusive of VAT - Lots sold for less than £10,000: Buyers' Fee of £200 inclusive of VAT 9. Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts. 10. VATmay be chargeable in addition to the sale price for the Lot. The Lot Particulars and/or the Special Conditions of Sale will indicate whether VATapplies. Other Matters 11. Please note that lots may be sold or withdrawn at any time prior to auction. 12. Cheques for Deposits and Buyers' Fees to be made payable to 'Allsop LLP Clients Account'. NB. Buyer's Fees may be varied. Please refer to the addendum, the particulars or the conditions of sale.

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