Pub/restaurant premises For Sale by Auction.

LOCATION

The market town of Burton-on-Trent lies 11 miles south west of Derby and 28 miles north east of Birmingham and has a population of about 73,000. It is situated just to the south of the A38, which is accessed via the A444 and A511 and provides direct access to Birmingham and Derby as well as linking with the M1 motorway at junction 22 about 17 miles south west of the town centre. Burton-on-Trent railway station provides regional and national rail services and numerous bus routes serve the town.

High Street runs north from its junction with Lichfield Street and New Street in the town centre. The property lies on its east side to the north of the junction with Andressey Passage in an established retailing area. Notable nearby occupiers include JD Wetherspoon, Barclays, Nationwide Building Society, HSBC and McDonald's.

DESCRIPTION

A mid terraced building of traditional construction beneath a flat roof arranged over ground and first floors totalling approximately 670.29 sq m (7,215 sq ft). The building formerly traded as a bar/restaurant but may offer alternative use potential, subject to obtaining the necessary consents. Externally there is a large, paved outside dining area/beer garden to the rear.

FLOOR AREAS

The accommodation was most recently trading as a bar and comprises of the following approximate accommodation:

Ground Floor: 3,777 sq ft (350.89 sq m)

First Floor: 3,438 sq ft (319.40 sq m)

Total: 7,215 sq ft (670.29 sq m)

SERVICES

Mains metered 3-phase electricity, gas, water, and drainage are connected to the property. Interested parties should verify this for themselves.

The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose. The applicant is advised to obtain verification from their solicitor or surveyor.

FOR SALE

By Auction, ends 25th May 2023. Bid Here

LEASE

The sale is subject to a lease in favour of BCB Burton Ltd for a term expiring on 09/01/2038 at a rent of £40,000 per annum. The tenant is not in occupation and we understand is in rent arrears. Prospective purchasers are referred to the legal pack in this regard.

LEGAL COSTS

Each party to pay for their own costs incurred in a transaction.

BUSINESS RATES

2023 Rateable Value - £68,000

VAT

All rentals etc exclude the liability of VAT, which may be chargeable as an addition and at the appropriate rate prevailing.

EPC

Awaited.