For Sale By Auction | 14:00, 05 September 2019

Kings Arms Hotel, High Street, Chapel En Le Frith, High Peak, Derbyshire, SK23 0EN

*Guide | £200,000 - £250,000 (plus fees)

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 05/09/2019

Auction Time

14:00

Auction Venue

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

Prominent Village Centre Public House, Development/Conversion Potential (STP)

A three storey plus cellar detached public house providing ground floor bar and restaurant area with potential to convert the upper floors. The ground floor is arranged with modern ladies, gents and disabled w.c.’s off the entrance, with an open plan bar area and restaurant seating area for approximately 50-60 covers. A large kitchen area sits behind the bar on the ground floor and provides access to the small rear yard. The first floor provides a large function room with bar, landing/hallway, office, three bedrooms, storage and utility room. The second floor provides three rooms, two with en-suite, w.c.'s, communal bathroom, storage room and three additional bedrooms with the fire exit to the rear of the property. The first and second floors are in a state of disrepair and would require some work to make habitable. There is also a large cellar which provides storage accommodation from the ground floor bar. The property is to be sold with vacant possession, fixture and fittings are not included in the purchase price, however can be negotiated directly with the vendor. A separate outbuilding to the rear provides storage accommodation. Located in a prime position in the centre of Chapel en le Frith, close to local restaurants, bars and schools. The A6 lies approximately 1.5 miles from the property, via the B5470.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

High Peak Borough 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.