Sold for £87,000.

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Substantial freehold 2 storey vacant pub

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Description/Location

'The Chopwell' is a large public house with a ground floor gross internal area of approx 3485 sq ft. In addition there are 8 double bedrooms to the first floor. The property offers scope for alternative commercial use and conversion subject to planning.

VAT IS APPLICABLE TO THIS LOT

Tenure

Freehold

Joint Agent

Local Authority

Gateshead Council

Viewing

Please contact Elliott Network Auctions on 020 7871 0420

Accommodation

Basement: Cellar Ground Floor: Bar rooms, commercial kitchen, customer wc's, storage. First Floor: 8 double bedrooms, lounge, kitchen, bathroom, 2 storage rooms. Outside: Rear yard and storage areas. Energy Efficiency Rating: D/79

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*Guide Price & Reserves

Generally speaking Guide Prices 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. Virtually every 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.