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Pub in Stoke on Trent

The Cross Guns Public House, 19 Vincent Street, Hanley, Stoke on Trent, ST1 6PW

Lot no: 26 Property type: Pub Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £80,000+plus fees Result Re-entry to a future auction



A vacant freehold public house with beer garden and refurbished living accommodation recently trading and offering scope to reopen or reconfigure, subject to obtaining appropriate planning consent.

Property Description

The property comprises a two storey end of terraced building with a pitched tiled roof and off street parking for two cars to the side via a gated entrance. The property benefits from A4 use classification. The ground floor comprises traditional entrance with access to the Lounge to the left and the Bar to the right. Both areas upon inspection were of good interior condition with the Pub trading just a few weeks prior to inspection. The cellar is accessed via a hatch at the bar and appeared in good condition with modern equipment in place. To the rear of the property is access to a bear garden, Male and Female WCs and stairs leading to the first floor. We have been verbally advised that fixtures and fittings will remain upon completion.

GROUND FLOOR DIMENSIONS:

Bar side seating area approx. 270 sq.ft (25 sq.m)

Lounge area approx. 317 sq.ft (30 sq.m)

FIRST FLOOR:

The first floor accommodation is accessed via a staircase leading to a hallway. It appears to have been recently plastered and finished to good standard with modern looking double glazed windows and boiler in place.

The accommodation comprises -

First Floor Landing

Leading to -

WC
Bathroom
Lounge (210 sq.ft)
Bedroom One (148 sq.ft)
Bedroom Two (176 sq.ft)
Kitchen with large separate Pantry (144 sq.ft)

With access to Loft.

Externally

There is a gated drive to the side beer garden and rear stores not inspected.

Note:

We feel the premises would be suitable for conversion into apartments by removing the bar and creating two self-contained units or an HMO development subject to appropriate planning consent.

Location

The property fronts Vincent Street close to the junction with Birch Street within an area of predominantly residential accommodation. Parking is available along Vincent Street. The area is a short distance from Hanley.

VAT

We understand that VAT will not be chargeable on this transaction.

Tenure

Freehold.


Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction 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 the auction. 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.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*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, 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. 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 the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

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 or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.