Pub for sale
Features and description
- Tenure: Freehold
- Development Opportunity
- Convenient Location
- Full Planning Permission
- Vacant Possession
- Excellent Investment
- Planning Ref B20/2024/0083
We are pleased to offer to auction this enticing and unique opportunity to purchase this former public house which benefits from full planning permission for change of use to become a 12 bedroom HMO (House of Multiple Occupancy). Situated in an established residential area, the property benefits from close proximity to bus services and local amenities. Planning Reference B20/2024/0083
Please note we have not inspected this property.
Rooms
Location
The subject property is located along Raglan Street, Cumbria. The property is situated in an established residential area, the property benefits from close proximity to bus services and local amenities. Cumbria is a county in North West England. It borders the Scottish council areas of Dumfries and Galloway and Scottish Borders to the north, Northumberland and County Durham to the east, North Yorkshire to the south-east, Lancashire to the south, and the Irish Sea to the west.
Planning
Change of use from a public house (Sui Generis) to a 12 bedroomed 12 Person house in multiple occupation (HMO) (Sui Generis), including the erection of an extension of the rear offshoot, the demolition and replacement of the first-floor extension to the rear, the erection of dormer window roof extensions to the side and rear roof slopes and changes to the fenestration on the side (west) and rear elevations.
Borough of Barrow-in-Furness, planning reference B20/2024/0083
Tenure
Freehold. Title number CU81125.
ERV
Estimated market rent would be £140-150 per unit per week, giving a total potential income circa £90,000 per annum.
EPC
Available upon request (rating C).
Council Tax
Band A.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.