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The Wheatsheaf, 36 Westfield Street, St. Helens WA10 1QF

Lot no: 68 Sold at Auction for £100,000
 

Guide Price £100,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Wednesday 23rd October 2024

9.00am
Key Features
  • A freehold public house with residential accommodation above.
  • Accommodation extending approx. 214 sq m (2,307 sq ft).
  • Suitable for alternative uses, subject to consents.
  • Vacant possession upon completion.
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Sold at Auction for £100,000

Pub

Property Description:

A freehold public house with residential accommodation to the first floor, located in the town centre of St Helens and now sold with vacant possession. This end-terrace property is arranged over two storeys, plus cellar, and extends to approximately 214 sq m (2,307 sq ft). It briefly comprises a good-sized cellar, open-plan bar and lounge to the ground floor, with a two-bedroom flat to the first floor. The property also benefits from a beer garden to the rear. We believe the property may suit alternative uses subject to any necessary consents.

Location:

The property is situated in the town centre of St Helens on Westfield Street, at its intersection with Water Street and at the end of a terrace of commercial properties. Nearby occupiers include Sports Direct, HSCS and Iceland. Westfield Street joins the A58, an arterial road the provides vehicular access to the town centre and also joins the A570, leading to the A580.

Basement:

Beer cellar and storage.

Ground Floor:

Open plan trading accommodation with bar servery, customer toilets, and access to rear beer garden.

First Floor:

Private living accommodation comprising 2 bedrooms, living room, kitchen, and bathroom.

Rateable Value:

£10,250.

Note:

The Fixtures and Fittings that remain on the premises at the time of completion will be included in the sale. Any third party owned items, such as beer raising and cellar cooling equipment, branded items, gaming machines etc, will be excluded. An inventory will not be provided. The vendors will not be required to remove any such items that remain on the premises.

Note:

SDL Property Auctions has not personally inspected the property and has solely relied on information from our joint agent. Buyers must conduct prudent due diligence on the property.

VAT

VAT will be payable on the purchase price. The Seller will supply a VAT invoice in respect of such supply. Please refer to section 15 of the special conditions within the legal pack.

Chancel Repair

The property is located within a parish which continues to have a potential chancel repair liability. Please refer to the relevant search within the legal pack. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid, as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.




Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.8% of the purchase price inc. VAT (subject to a minimum of £2,400 inc. VAT)

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 (and any applicable Home Report for residential Scottish properties).


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.