For Sale By Auction | 12:00, 17 April 2024 | Lot 79

The Royal George, 17 Rochdale Road, Todmorden, West Yorkshire OL14 5AA

*Guide | £125,000 (plus fees)

  • Pub
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Wed 17/04/2024

Auction Time

12:00

Auction Venue

Online Auction

Pub For Sale

The Royal George is a two storey property approx. 300 sqm / 3,229 sq ft, in need of full renovation with public areas which are located on the ground floor, owner's accommodation situated to the first floor and loft space in the attic. The main entrance can be accessed from Rochdale Road where outside seating can be found with an entrance to the rear of the property via a cobbled street known as Water Street. Two section seating area to the ground floor, with a bar area to the left for up to 50 covers. To the right is a games room for 30/40 covers. The Royal George comprises typical ancillary areas including customer toilets and a lower ground cellar. Externally A small patio area is located to the front elevation by the main entrance with space for approx. five small round tables and 10 chairs. Owner's Accommodation The owner's accommodation is situated on the first floor comprising; a living room, three bedrooms, toilet and kitchen, with access to the loft space currently used for storage. Location The Royal George is situated on Rochdale Road, a main thoroughfare of the market town of Todmorden. It's established and enviable location is mainly built up of commercial properties with a large superstore situated 300 yards away and less than 100 yards across the road is Todmorden train station. Todmorden is a market town located in the heart of the Pennines, nestled between the valleys on the Yorkshire/Lancashire borders. It is five miles west of the popular town of Hebden Bridge, 11 miles north of Rochdale and 20 miles west of Huddersfield. Easily accessible off the M65 via the A646. Business Rates The Rateable Value is £6,500 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority. NOTE The sellers have informed Auction House that they have provisionally agreed a 3 year lease, with no rent review on the property at a rent of £15,600 pa to use as a bar/restaurant. The prospective tenant has paid a £2,000 security deposit to the seller. Should a potential purchaser require vacant possession, the seller has agreed that the deposit is refundable. Tenure: Freehold Title number: WYK496468 Council Tax Band: Business Rates Local Authority: Calderdale Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Calderdale Metropolitan Borough Council

Solicitors

Chamber Fletcher, Ref: Chamber Fletcher, Tel: 01606 780400

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.