Pub
DRAFT DETAILS
A popular public house located in Aspatria on the edge of The Lake District, currently let producing £16,800 per annum.
This substantial, detached building comprising a freehold public house is situated on a large site overlooking the A596 in the small town of Aspatria, Northwest Cumbria. The property is arranged over three floors with a small cellar, used for storage and dispensary equipment. The ground floor offers a lounge area, bar area and games area. The lounge area includes a feature fireplace with log burning stove and TVs throughout. The games area has a pool table and darts throw area. To the first floor is the owner’s occupation with access to the developed loft space. The main accommodation on the first floor includes two bedrooms, a lounge and a bathroom. The attic space is split into three sections and could offer a variety of uses. Externally, the site includes a good size car park, a large grassed area, smoking shelters, a single garage and a private garden. The property is located on the A596, on the edge of Aspatria village, surrounded by beautiful countryside between the western edge of the Lake District National Park and the Solway Coast. The A596 links Carlisle with Maryport on the West Coast, overlooking part of the Solway Firth.
The A596 links Carlisle with Maryport on the West Coast, overlooking part of the Solway Firth. The property lies on the edge of Aspatria village, surrounded by beautiful countryside between the western edge of the Lake District National Park and the Solway Coast.
The property is currently let to long term tenants that have been in situ since 2007 and the current income is £16,800 per annum.
The ground floor Public House is sold subject to the existing Lease. The Lease cannot be located however there is a tenant at the Property. The first floor accommodation is sold subject to the existing tenancy. The tenancy document cannot be located however there is a tenant at the Property. We cannot therefore confirm the rental figure given in our marketing. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Accessed behind the bar used for storage and chilling /dispensary equipment. The cellar has good head height and deliveries can be made directly from the rear car park.
Three sections- could be used for further bedrooms, offices or storage- subject to requirements.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
