fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

Ollys, 34-36 Bow Street, Rugeley, Staffordshire WS15 2DG

Lot no: 117 Postponed
 

Guide Price £275,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th April 2024

9.00am
Key Features
  • Former Pub with Flat above
  • Large Car Park
  • Scope for Development (subject to planning permission)
  • Town Centre location
  • Site area of approximately 0.3 acres.
  • Lapsed Planning for residential development
Add to favourites
Postponed

Commercial Property

Property Description:

A large public house with function room and residential apartment above along with large car park to side and rear.

The property offers an abundance of accommodation over three floors plus cellar space.

Large bar to ground floor with ladies and gents WCs, bar area, snug, kitchen and utility room.

To the first floor is a large function room with bar area, kitchen, store and ladies and gents WCs.

There is a large 2-3 bedroom flat arranged over the first and second floors.

Externally there is a seating area along with large car park.

Well placed close to the town centre which offers an abundance of amenities along with bus stations and good transport links.

The property would suit numerous uses including conversion to apartments, office space, demolition and redevelopment, all subject to planning approval.

There is scope to keep the property and build to the side and rear, again subject to permission. Planning permission was granted in 2015 for the erection of a pair of semi detached houses, which has now lapsed. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Ground Floor:
Main Bar Area 17m x 10m max
Ladies and Gents WCs
Rear Kitchen 4.2m x 3.5m max
Utility Room 4.2m x 1.90m
Side Hallway

Seating area to the side. Gated vehicle access to large tarmac car park.

Cellar 11.5m x 6.6m max
First Floor:
Landing
Kitchen 4.20m x 3.50m max
Hallway
Lounge 4.30m x 6.90m max
Function Room and Bar 12m x 10m max
Store
Utility Room 3.4m x 1.7m max
Second Floor:
Bedroom One 4.70m x 4.60m max
Ensuite
Dressing Room 3.75m x 2.50m max
Store/Office 5.00m x 2.60m max
Bedroom Two 4.50m x 4.0m
Bathroom
Construction material:

Standard brick.

Parking arrangements:

Car Park.

Water supply:

Mains.

Electricity supply:

Mains.

Sewerage arrangements:

Mains.

Heating supply:

Gas.

Broadband:

Standard - 19 mbps, Superfast - 80 mbps, Ultrafast - 1000 mbps available

Mobile phone coverage:

O2, EE, Three, Vodafone available.

Please Note

Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is related to our partner agent in the sale. If you have any queries regarding this, please contact us for further information.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

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

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction 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.