Hammer falls at £306,000 for former Dental Surgery in Stow-on-the-Wold

TAYLER and Fletcher, specialist property agents, are pleased to announce the tremendous success of their regional property auction on Wednesday, November 11, 2015.

The auction contained 6 Lots with 5 of these successfully selling on the night.

Lot 5 was “Garwick” an attractive Grade II Listed Cottage situated on Park Street in Stow and requiring alteration and modernisation.

For many years it has been a dental surgery and was granted change of use from a commercial property to residential.

This offered the successful purchaser an exciting opportunity to revert “Garwick” to its former and original use as a delightful Cotswold Cottage and create a stunning home near the centre of Stow-on-the-Wold.

Whilst in some circumstances the residential property market can be like “Pulling Teeth” this was definitely not the case.

There was a tremendous buzz in the auction room with probably over 200 people crammed into the Hyde Barn.

The Dental Surgery, known as “Garwick”, sold for £306,000, considerably above the guide price of £225,000 - £250,000.

Edward Bagnall FRICS, MNAVA, Partner of Tayler and Fletcher and one of the Auctioneers commented that “The venue was filled to the rafters with potential purchasers and this created a fantastic atmosphere which helped us maximise the value of Garwick for our clients”.

This reinforces that selling your property through a reputable and established auction house is a great way to maximise price potential.

For further information, please contact Edward Bagnall at Tayler and Fletcher, Stow-on-the-Wold.

Tel: 01451 830383.