Pub
A substantial and detached public house, well-presented and benefitting from private living accommodation. The property is located in Fleetwood town centre and was refurbished in 2022/2023, offering accommodation over 3 storeys along with a beer patio. When trading, the area caters for over 100 covers. The property is sold with vacant possession and will appeal to pub operators and investors, and may also present an opportunity for alternative uses/conversion, subject to any necessary consents.
Location
Situated in the town centre directly opposite Wetherspoons and just off the prime retail pitch of Lord St, which has stops for the Blackpool Tramway. Within walking distance, there is a densely populated residential catchment. The coastal town of Fleetwood is at the north west corner of the Fylde. It lies 8 miles north of Blackpool on the western side of the mouth of the river Wye.
The property is in an area administered by Wyre Council. The 2023 Rateable Value has been assessed at £37,000.
We are advised a premises licence prevails, allowing for sale of alcohol and playing of recorded music. Fixtures and fittings are excluded from the sale but can be made available by way of separate negotiation.
Very well-presented trading area, arranged in an L-shape with a lounge to the front and public bar to the rear. When trading the area catered for approximately 56 covers.
Customer toilets, with office and staff accommodation. Good-sized trade kitchen with food hoist and lift.
Unused rooms suitable for storage or other usage. Open-plan residential accommodation, with living room, kitchen, 2 x bedrooms, and bathroom.
These sales details are awaiting vendor approval.
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 2.4% of the purchase price (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.
