The Old Crow 163-165 Bell Lane, Bury, Lancashire, BL9 6DF
Guide Price* : £110,000 plus
Commercial Investment with Development Potential (STP)
- Commercial Investment
- Development Opportunity STP
- Site Area of Approximately 0.035 Hectares (0.086 Acres)
- Let to Malthouse Inns PLC
- Current Rent £28,380 Per Annum
- For Sale by Online Auction, If Not Sold Prior
VAT is applicable on the sale price.
The property comprises a two storey public house of traditional construction beneath a pitched slate roof and is approximately 327.95 sq m (3,530 sq ft).
The ground floor comprises a public house whilst the first floor provides two bedroom residential accommodation.
The property is located in Bury, a town approximately 6 miles east of Bolton and 6 miles west of Rochdale.
The property is situated one mile west of the M66 Motorway (Junction 2) which in turn leads to the M62 Motorway, 4 miles to the south. The property is situated to the east of the town centre on the north side of Bell Lane (B6222), near Chesham Crescent in a predominantly residential location.
Long Leasehold - 988 years from 1 May 1772.
The site may be suitable for redevelopment subject to gaining the necessary consents. Please contact the local planning authority, Bury Council. (0161 253 5000 - www.bury.gov.uk).
The property is let to Malthouse Inns PLC on a lease expiring on 1 September 2024 at a rent of £28,380 per annum.
The property is elected for VAT
Energy Performance Certificate
The Energy Performance Rating is C;58.
|Floor||Use||SQ M||SQ FT||Tenant||Lease Terms||Rent £ PA|
|The Old Crow||Public House||327.95||3,530||Malthouse Inns Plc||25 years from 01/09/1999||£28,380|
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2023
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including 574, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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