Lot 88
    Pub
    The Imperial
    71B Albert Road, Widnes, Cheshire, WA8 6JS
    Please refer to auctioneer for more information
     
    Number 1
    A Substantial Two Storey Public House Let on a Six Year FRI Lease For £42,000 Per Annum. (The Leaseholder is currently paying a reduced rent of £1,000 per calendar month)

    Description

    The property comprises a mid terrace building arranged as a public house over ground and first floors.

    Tenure

    Freehold

    Location

    The property is situated on a mixed use road close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by Junction 7 of the M62.

    Accommodation

    Ground Floor
    Bar with Seating Area
    Disabled W/C
    (5,023 sq ft)


    First Floor
    Cellar
    Toilets
    (1,150 sq ft)

    Exterior

    The property benefits from a loading bay accessed to the rear of the building

    Tenancy

    The property is let on a 6 year FRI lease commencing 2nd February 2021 at a rent of £3,500 per calendar month with the rent rising to £4,000 per calendar month in year 3.

    Please note the tenant is paying a paying a reduced rent of £1,000 per calendar month and there is a further possibility the property could be offered with vacant possession on completion at the buyers request.
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
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    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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