For Sale By Auction | 2:30pm, 18 June 2019 | Lot 7

Cheers, 6a Queen Street, Rushden, Northamptonshire, NN10 0AA

Sold £200,000

  • Mixed Use
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 01234 362899 for more information

Auction Date

Tue 18/06/2019

Auction Time

2:30pm

Auction Venue

The MK Hotel, Timbold Drive, Milton Keynes, Buckinghamshire, MK7 6HL

Viewing Times:

Wed 5 Jun

10:30 - 11:00

Wed 12 Jun

10:30 - 11:00

Over four floors, a freehold public house with licensed accommodation on two floors, patio garden and cellar, plus a second floor flat.

Offering the potential, subject to the necessary local authority consents, to convert back into two townhouses, flats or an HMO, this centrally located and long established freehold public house is just off the High Street. Currently the property is let until 2021 and the accommodation is over four floors with a basement level, licensed bars on the ground and first floor, a patio roof garden and an apartment on the second floor. The premises currently has a 24 hour license and is the only late night opening venue in the town.

Tenure

Freehold

Ground Floor:

Main entrance, main bar areas, toilets, stairs to basement and first floor, door to rear.

Basement:

Office, two storage rooms and a cellar.

First Floor:

Bar and separate function room, WC and a patio roof garden.

Second Floor:

An apartment with a living room, two bedrooms, a small kitchen and a shower room.

Tenancy:

The property is let, generating £24,000 p.a.

Open House Viewings:

Wed 5 Jun: 10:30 - 11:00 Wed 12 Jun: 10:30 - 11:00

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

East Northamptonshire Council - 01832 742000

Solicitors

Palmers Solicitors LLP, Hassett House, Hassett Street, Bedford MK40 1HA, Ref: Yagnesh Shah - yshah@palmers.co.uk, Tel: 01234 211161

Additional Fees

Buyer's Premium - There is no Buyer's Premium payable on this lot.

Administration Charge - Purchasers will be required to pay an administration fee of £900 incl. VAT.

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