A formerly council-owned clubhouse with residential development potential in St Ives has sold for double its freehold guide price.
Cornwall Council placed Stennack Clubhouse for auction in the sixth sale of 2021 by the regional land and property auctioneers Clive Emson.
Fierce bidding for the property off Park Avenue took the final sale price soaring well above its guide of £100,000 to £200,000.
Senior Auction Appraiser Katie Semmens said: "There was incredibly keen demand for this former clubhouse.
"It was auctioned with the benefit of favourable pre-application advice from the council which clearly acted as a major incentive for some bidders.
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"The new owner has the opportunity to pursue some form of residential development or even another type of scheme, subject to the necessary consents."
Cornwall Council also instructed the auction of a parcel of land next to 74 Trelawney Avenue in St Ives, which sold for £51,000.
The site, measuring 0.09 acres (0.03 hectares) had a freehold guide of £50,000 plus.
Both lots were auctioned jointly with Vickery Holman Property Consultants of Truro.
Clive Emson Auctioneers holds auctions eight times a year, with offices in Essex, Kent, Sussex, Hampshire and the West Country, this time with 161 lots.
Clive Emson’s next auction, the seventh this year, takes place on Wednesday November 3 with the catalogue available from Friday October 15.
For more information, visit: www.cliveemson.co.uk.
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