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Sold Prior | Lot 35

Hustle Bar/Nightclub, 2 Spring Garden Street, LANCASTER, Lancashire, LA1 1RQ

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Sold Prior

  • Bar
  • Tenure: To Be Confirmed In Legal Pack

Call the team on 0161 830 7477 for more information

Auction Date

Thu 23/03/2017

Auction Time

02:00 pm

Auction Venue

Macron Stadium, Platinum Suite, De Havilland Way, Bolton, BL6 6SF

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Substantial Tenanted Nightclub Premises Producing £60,000 per annum

Situated in the centre of Lancaster, adjacent to the Sir Richard Owen (JD Wetherspoon) Public House and the recently constructed Travelodge Hotel. The property itself provides bar/nightclub premises over two floors (400 capacity) and also includes a self-contained two bed owners accommodation. We are informed that the property is let at £60,000 from August 2015 with a break option in August 2020. The tenant being a limited company, with a personal guarantee. A copy of the lease is available within the legal pack.

Tenure

To Be Confirmed In Legal Pack

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Please contact Auction House North West Commercial on 0161 830 7477

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Lancaster City Council

Solicitors

Mayland Porter Solicitors, 53 Deardengate, Haslingden, ROSSENDALE, Lancashire BB4 5QN, Ref: Darren Fazackerley, Tel: 01706 507355

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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Residential

311 Garstang Road, Fulwood, Preston, PR2 9XJ

01772 772450

northwest@auctionhouse.co.uk

Commercial

Century Buildings, 14 St Mary's Parsonage, Manchester, M3 2DF

0161 830 7477

nwcommercial@auctionhouse.co.uk

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Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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