For Sale By Auction | 14:00, 04 July 2019

The Plough, 172 Rice Lane, Liverpool, Merseyside, L9 1DG

*Guide | £320,000 (plus fees)

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 04/07/2019

Auction Time

14:00

Auction Venue

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

Substantial Former Public House with Development Potential

A substantial public house premises with planning permission for 40-bed hotel. The property is constructed of traditional red brick with mock tudor elements including a decorative clock tower. Internally the property is arranged with ground floor bar area, function hall and w.c’s with the first floor providing function hall and w.c’s. To the rear of the property lies a surfaced hardstanding car park area with detailed plans for a development for a 40 bed hotel. The plans include the demolition of the public house and renovation of a four storey, 40 bed hotel with parking facilities. The total site extends to approx. 0.33 acres. The property is situated in a prominent position on Rice Lane (one of the main arterial routes leading into Liverpool City Centre from the North), close to Sainsburys and Aldi Supermarkets and other local amenities. Walton Railway Station is within close proximity of the premises.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating To Follow

Local Authority

Liverpool City Council

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 inc VAT, payable on exchange of contracts.

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