Create Alert Results - 6 Licensed & Leisure properties for auction .

*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*

Features

Free of tie public house
Vacant possession
Popular residential location
Planning consent for two bedroom cottage adjacent to the premises.
Planning Ref 7/2014/0034/DM
Two bedroom flat to first floor
Recently refurbished
Off Street Parking.
Site approximately 0.16 acres
Potential for redevelopment (STP)

Location
The subject property is located on eastern side of Auckland Terrace in the small town of Shildon in County Durham.
This is an established location, with good access links provided by the A1 to the East, and Durham city centre approximately 13 miles to the north.
Shildon offers a wide range of amenities including various supermarkets, schools and parks. there is also several industrial estates within the area providing a good level of employment.
Description
This currently vacant public house consists of a recently refurbished bar area, smoking area to the rear, 2 bedroom flat above, a childrens play area and a good sized car park.
Planning consent was granted on 30/01/2014 by Durham County Council to convert and extend the garage and storage units to form a new residential unit adjacent to the public house. Planning Ref 7/2014/0034/DM.
Potential redevelopment could include mixed use commercial and residential or demolition and construction of a quantity of residential units (STP).
Services
We understand the property has connections to mains gas, electricity, water & drainage.

Tenure
Freehold

Business Rates
The premises have a current rateable value of £13,000.

*Guide Price
£90,000

VAT
TBA

*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*

Features

✓Public house free of tie
✓Freehold
✓Previous rent £12,700 pa for ground floor and two flats
✓ Previous gross yield 14.26%
✓Three flats to the first floor
✓Third flat requires updating
✓Estimated rent for third flat £4,200 pa after works
✓Potential gross yield of 18.9%

Location
The subject property is located on Byerley Road, Shildon.

Shildon and the surrounding areas are made up primarily of residential properties. This is an established location, with good access links provided by the A1 to the East. Durham city centre is approximately 13 miles to the north

Shildon offers a wide range of amenities including various supermarkets, schools and parks. There are also several industrial estates within the area providing a good level of employment.

Description
Two storey public house of traditional brick construction with residential accommodation above. To the ground floor there is a fully fitted and equipped bar area, CCTV and alarm system throughout, pool table, kitchen to the rear, male and female W.C facilities.

Externally, the property benefits from off street parking, enclosed smoking area and electric roller shutter providing vehicular access.

The first floor has separate access and comprises of two individual one bedroom flats and a two bedroom flat. The third flat requires refurbishment and will provide two individual bedrooms, living room and bathroom facilities.

Accommodation
The property measures approximately 166m2 (1794ft2).

Services
We understand the property has connections to gas, electricity, water and drainage.

Tenure
The property is freehold with vacant possession

Business Rates
The premises have a current rateable value of £6,500.

*Guide Price
£89,000

Investment Analysis
The property was previously let out on a 5 year term. The passing rent was £12,700 per annum exclusive for the public house and a one bedroom flat. The tenant occupied a one bedroom flat, which was included in the lease. The freeholder, agreed by separate negotiation with the tenant that sub-letting of the other one bedroom flat is permitted. The other two bedroom flat could be let on an AST basis by the freeholder, providing an additional income of £4,200 pa, reflecting a gross yield of 18.9%.

*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*

Features

Development site of approx 0.3 Acre
Close to Media City
Desirable location
Potential for commercial or residential development (STP)
Good sized parking area
In regeneration area of Manchester
Close to city centre
Excellent transport links
Freehold

Location
Manchester city centre is less than 3 miles to the north east of The Village Inn, and is situated in the heart of Trafford Park Village that is within easy walking distance of Manchester United Football Stadium, which has plans to further expand their operations which include a new U21 15,000 capacity stadium and training grounds this brings the Manchester United Complex closer to the site.
Approximately 1 mile to the north of the property is the ever expanding Media City, a new waterfront development, hosting major media employers such as the BBC and ITV Studios. Media City has many leisure facilities including a cinema, gymnasium and various restaurants.
The highly successful Media City residential developments confirm demand for housing to the south west of Manchester city centre is strong, and expected to spread further south in the foreseeable future.

Description
The site currently consists of a well established public house and a two bedroom flat, together with a good sized car park, the total site area is approximately 0.3 acres and the main building is approx. 7,500 ft2. The site currently benefits from a 24 hour trading license for alcohol and food, with an outdoor live music license until 10 pm.

The Trafford Park Metrolink extension is currently well underway and ahead of target, proving to be the catalyst for a number of new projects and increased interest in the local property sector, linking Trafford Park with the Trafford Centre and the ever expanding Media City at Salford Quays.

The Wharfside rectangle which stretches from Sam Platts pub through to ITV studios and the Village Circle, previously earmarked for mixed use development of residential, office and retail, has already seen the start of some new developments.

The Village Inn is situated in the heart of Trafford Park Village within easy walking distance of Manchester United Football Stadium, which has plans to further expand their operations. The first residential planning permission within the Trafford Park area was passed earlier this year, marking the beginning of the Wharfside rectangle development.

Planning
Interested parties should contact Trafford Council on 0161 912 2000.

Services
The site is connected to mains gas, electricty, water and drainage.

Investment Analysis
Due the fast changing demographics of the area, for the site to maximise its potential, it would benefit from a new development of either mixed use office/warehouse or full conversion to a two/three storey office.
With the expansion of the nearby Media City, commercial re-development of the site would see interest from associated local and regional businesses requiring new work space within an area where property prices are stlil competitively priced.

Viewings
Please contact John Pye Property on 0115 970 6060 or property@johnpye.co.uk

Former public house
Edge of town centre location
Potential for redevelopment (STP)
Opposite Tesco superstore
Excellent transport links
Freehold
Fire damaged

Location
The site is located on the south eastern side of Bridge Street at the junction of Aberbeeg Road in the Abertillery district of Gwent, South Wales.
Nearby local amenities include; Tesco superstore across the road, Barclays bank, Boots chemist and a good selection of other local independant and national retailers. In addition, there is a good range of bars and restaurants within easy walking distance.
Nearby transport links include the Heads of the Valleys road located just 8 minutes to the north, providing excellent access to the nearby city of Swansea to the west. Cardiff and Newport are both located to the south of Abertillery, and easily accessible by car.

Description
This property has recently suffered from fire damage and is in need of either total demolition or extensive restoration. The site could be redeveloped to offer a residential or mixed use scheme (subject to planning consent being obtained.)
The site briefly comprises of a former public house of stone construction, together with a separate two storey detached property at the rear of the site, backing on to the stunning Ebbw River. The separate detached building was in the process of being refurbished, and is not currently in a useable condition.
The public house comprises of bar area, kitchen and separate dining area to the ground floor. To the first floor, there is a function room, kitchen and living accommodation.

Please note that the fire damage is predominantly to the first floor of the main building.

Accommodation
Public house: approx. 650m2 / 7,000ft2
Rear building: approx. 149m2 / 1,600ft2
Site area: approx. 0.2 acres

Tenure
The property is freehold.

Services
We understand the site is connected to mains gas, electricity, water and drainage but we advise interested parties to make their own enquires.

Development Potential
The main public house has suffered considerable fire damage, which is predominantly to the first floor. We expect the fire has caused sufficient damage, that the building is beyond economical repair. Therefore, the planners are likely to look favourably upon any application to redevelop the site, providing the proposed development is in keeping with the locality.
The building to the rear of the site has not been affected by fire but has undergone some recent refurbishment works which are incomplete.

*UNSOLD, THE LAST BID WAS £730,000. PLEASE REFER TO AUCTIONEER FOR RESERVE*

Tenure
Freehold

Location
The property is situated on a residential road off the main high street in Slough. The open spaces of Salt Hill Park are within easy reach.
Transport links are provided by Slough rail station.


Accommodation
Ground Floor
Reception Room
Kitchen
Eight Letting Rooms
Storage
Two Separate Shower Rooms with WC & wash basin
Bathroom with WC & wash basin

First Floor
Twelve Letting Rooms
Kitchen
Four Separate W.Cs with wash basin
Two Shower Rooms with wash basin

Tenancy
The property is subject to individual weekly tenancies at a combined income of £170,300 per annum (correct at the time of going to print).

Current Rent Reserved
Current Rent Reserved £170,300 per annum (Correct at Time of Print)

*THIS LOT IS STILL AVAILABLE FOR OFFERS*
The property fronts on to Rodney Street (A577) close to the intersection with King Street in Wigan town centre. Wigan North Western Train Station is approximately 300 metres to the West.

Description
Vacant town centre three storey bar/nightclub approximately 413.03 sq m (4,446 sq ft) part in need of refurbishment.

Accommodation
We detail below the following accommodation and net internal areas:

Ground Floor 195.18 sq m (2,101 sq ft)
First Floor 178.46 sq m (1,921 sq ft)
Second Floor 39.39 sq m (424 sq ft)

Total: 413.03 sq m (4,446 sq ft)
Outside
Shared tunnel access leading to rear service yard. The title to the property does no include the passage way, just the first floor room above and the property has the benefit of access rights across the passageway.

Tenure
Freehold.

Planning
Interested parties should consult direct with the Local Planning Office, Wigan Council, Planning & Transport, Places Directorate, PO Box 100, Wigan WN1 3DS. planningrepresentations@wigan.gov.uk.