Pub for auction in Ferryhill

Description

An attractive traditional brick built property set just outside the centre of Ferryhill, situated in the beneficial location of Chilton Lane which provide convenient access to the A1(M).

Occupying a freehold plot of 0.18 ha (0.445acres), the property offers former ground floor function rooms and open spaces (approx 2,830 sq ft) , first floor accommodation (approx 1,997 sq ft), attic and cellar space.

To the rear there is an open yard as well as to the East which also has a former stables outbuilding on the grounds. Potential is offered for redevelopment/conversion (subject to the appropriate consents).

Accommodation

Ground Floor
Bar 1 - 35.50

Bar 2 - 31.84

Toilet (Women) - 6.20

Toilet (Men) - 12.35

VIP Room - 21.30

Main Corridor - 12.69

Dance Room - 80.01

Kitchen - 17.62

Storage room - 6.59

Washing Room - 16.77

Toilets (men) - 7.91

Toilets (women) - 14.05

First Floor
Office - 11.55

Lounge Room - 26.29

Spare Room - 10.22

Toilet - 2.35

Bathroom - 5.28

Bedroom - 18.70

Bedroom - 18.70

Kitchen - 9.28

Living Room - 26.75

Flat - 41.93

Corridor - 14.44

Second Floor
Attic 1 - 20.22

Attic 2 - 36.00

Attic 3 - 20.66

Attic 4 - 13.21

TOTAL
573.89 Sq.M (6,177 sqft)

Basement
Cellar

Outside

Rear area as shown on the identification plan.

Site Area

Approximately 0.2 Hectares (0.4 Acres).

Costs

Auction Details

The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)

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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding 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.