4 bedroom Pub in Stoke-On-Trent

The Marquis of Granby Public House, Church Lane, Ipstones, Stoke-On-Trent ST10 2LD
  • Lot No: 75
  • Property Type: Pub
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £290,000+ plus fees

Result Sold at Auction £328,000

Property Description

The property comprises a substantial period (Grade II listed) building benefitting from a prominent position within the village of Ipstone, Staffordshire approximately 20 minutes from Stoke On Trent. The building briefly comprises dining area, bar, commercial kitchen, out buildings, cellar along with male and female wc. There is also a beer garden to the rear and seating at the front of the building. The first and second floors were configured as residential accommodation and occupied as part of the current tenancy. The first floor has two 2 bedroomed apartments with the second floor having one 2 bedroomed apartment.

Tenancy:

The current tenant has been in occupation for several years and has maintained the premises to a very high standard throughout. The pub offers both food and drinks enjoying a good reputation for quality.<br><br>We are advised the tenant has recently signed a new 21-year lease with 5 yearly rent reviews on an FRI basis. Interested parties are advised to inspect the legal pack for more information.<br><br>The Auctioneers have not verified the tenancy/lease agreement and further details will be provided within the legal pack.


Value Added Tax:

We are advised that VAT will not be chargeable on this transaction.


Viewings:

Strictly by appointment with the Auctioneers.


Tenure

Freehold

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 Fixed Fee. 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 auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s 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 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.

Auction Details

Date 29th July 2021

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

The Marquis of Granby Public House, Church Lane, Ipstones, Stoke-On-Trent ST10 2LD