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Byron Bingo High Road, High Street, Nottingham, NG15 7HJ

Bingo Hall – Suitable for Re-development (STP) – Freehold – To be Sold with Vacant Possession
Location: Byron Bingo High Road High Street, Nottingham, NG15 7HJ
Property type: Mixed Use, Other, Residential, Leisure, Retail, Other Property Types & Opportunities
Tenure type: For Sale Freehold
Tenancy type: Vacant
** UNSOLD, PLEASE REFER TO AUCTIONEER **

Features
Operational bingo hall
Suitable for conversion to mixed use retail and residential (STP)
Freehold
To be sold with vacant possession
Unused cinema to the upper floor
Original art deco features
Established high street location
Planning user class D2

Location
The imposing property is sited on the corner of High Street and Duke Street in the popular district of Hucknall, Nottinghamshire. Hucknall is a town seven miles north of Nottingham and nine miles south of Mansfield with a population of around 35,000.

The immediate area benefits from shops and bars, together with good health facilities and a leisure centre. The NET tram system is just a short walk from the property, and provides frequent services into Nottingham city centre

The M1 Motorway is only three miles from the property, and can be easily accessed.

Description
• For Sale By Online Auction; TBC
• Guide Price: £325,000+
• Suitable for conversion to mixed use retail and residential (STP)
• Operational bingo hall offered with vacant possession on completion
• Freehold property with D2 use

Opened as a cinema in 1936, the property is accessed from the High Street, with the entrance opening up into a reception / foyer area where there is are a range of gaming machines and a cloakroom.

The main ground floor space is occupied by a large bingo hall, that was once a cinema room, and which has a sloping floor way. We are advised this area has a seating capacity of 464. There are ladies and gents restrooms and bar area.

A sweeping staircase from the reception foyer leads to the 350-seat upper auditorium with large stage area.

The second floor houses the former projection room along with several other ancillary rooms.

Accommodation
Ground Floor – Approx. gross internal floor area equates to 5,750 sq ft
First Floor – Approx.gross internal floor area equates to 5,212 sq ft

Services
We understand the property to have mains electricity, water and drainage. Potential buyers are advised to make their own investigations

Tenure
Freehold

Business Rates
The premises are recorded on the 2017 Valuation List as having a rateable value of £8,800 for the Bingo Hall and £4,850 for the Cinema.

Guide Price
£325,000+

VAT
Buyers are advised to make their own enquiries regarding VAT prior to bidding.

Buyer’s Premium
2% (min. £3,600) inc. VAT

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