Commercial
FOR SALE BY AUCTION: THURSDAY 4TH JUNE
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
DRAFT DETAILS ONLY.
Occupying a delightful village location, this detached former public house with three bedroomed living accommodation situated on approximately 0.47 acres site.
The property which is currently vacant offers excellent potential either as a public house or potentially for residential conversion (subject to planning consent). In addition part of the site offers potential for new build development.
Pre-application enquiries of the local planning authority have suggested that an application for conversion of the property to two dwellings and development of the land to two further new build dwellings would be looked at favourably by the local authority. However we would point out that no application has been submitted and any potential buyer must satisfy themselves in this respect.
Ground Floor –
Lounge/Dining Area
Bar Area
Kitchen
Games Room
Ladies/Gents WC's
Office
First Floor –
Kitchen
Lounge
Three Bedrooms
Bathroom
We are advised that the overall floor area of the pub extends to approximately 2,600 sq ft or thereabouts
The picturesque village of Sutton offers a limited range of amenities. Newark is approximately 10 miles to the south offering a more comprehensive range of amenities. The nearby A1 provides swift onward travel to the north and south.
PLEASE NOTE – The property is being sold on behalf of LPA Receivers.
Tenure
Freehold. Vacant possession on completion.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash deposits.
The sale of all property is subject to a buyers fee of £750 (inc VAT).
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
Attractive former public house and separate area of additional land
Potential residential conversion of pub and new build on the land (subject to planning permission)
Excellent opportunity in delightful village location
EPC Rating : F
