Freehold Pub/Restaurant & Three Bedroom Apartment

Previously trading as a JD Wetherspoons but in most recent years has traded as a bar/restaurant. The site offers a substantial bar and seating area on the ground floor together with a disabled WC and storage rooms. Access is also given externally to the rear of the building for loading access (via Ormerod Street). To the lower ground floor there is a kitchen/prep area with two dumb waiters leading to the ground floor bar, plenty of storage rooms, beer cellar with fridge cooler and spirit room, office and a staff kitchen area. All the electrics and control panels for the building (3 phase power supply) can be found on this level. WC’s are then provided on the first floor which also benefits from additional storage rooms and office space. The property also benefits from a three-bedroom apartment on the second floor which is in need of refurbishment. Comprising of hallway, kitchen/diner, living room, three bedrooms, bathroom and an additional separate WC. There are also two additional rooms to this floor separate to the flat but could be joined to create a larger apartment if needed (STP). Externally there is access to the rear Rateable Value: £54,000 (1 April 2023 to Present). We believe the property to be approx. 11,412 sqft / 1,060sqm in total. Lower Ground Floor: 4,251 sqft / 394.9 sqm Ground Floor: 4,327 sqft / 401.9 sqm First Floor: 1,417 sqft / 131.6 sqm Second Floor: 1,417 sqft / 131.6 sqm For any additional information relating to the property, please refer to the legal pack. Tenure: Freehold Title number: LA629306 Council Tax Band: A (Apartment only) Local Authority: Burnley Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Burnley Borough Council

Solicitors

Priority Law Limited, Ref: Priority Law Limited, Tel: 01612077600

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.