8 - 20 Queen Street
Blackpool
Lancashire
FY1 1PD

Freehold Public House Investment with Development Potential

  • Ground floor let to Hops Pub Company Limited (part of Stonegate Pub Company) until 2037 (subject to option)
  • 15,978 sq ft of office accommodation with development potential (subject to consents)
  • City Centre location just off the promenade
  • Nearby occupiers include Grand Metropole Hotel, Walkabout and Blackpool Library
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    39
  • Auction
    25/May/2017
  • Rent
    £80,000 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    Public House
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Property Update
  • 8 - 20 Queen Street<br>Blackpool<br>Lancashire<br>FY1 1PD
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Property Information

Location
Miles
18 miles west of Preston, 28 miles west of Blackburn, 56 miles north of Liverpool
Roads
A583, A584, A66, M55 (Junction 4), M6 (Junction 32)
Rail
Blackpool North Rail
Air
Blackpool International Airport, Liverpool John Lennon Airport, Manchester International Airport
Situation

The property is prominently situated on Queen Street, close to its junction with Queen Square, which provides a pedestrianised thoroughfare to the Promenade. Queen Street is a predominantly leisure pitch, with nearby occupiers including Walkabout, Grand Metropole Hotel, Popworld and William Hill. Other nearby occupiers include Blackpool Library and The Grundy Museum and Art Gallery.

Tenure

Freehold.

Description

Unit 8-14 comprises a ground floor public house with basement ancillary accommodation. Units 16-20 comprise three office units each with self-contained access from Queen Street. 16 Market Street was previously used as serviced offices and is arranged into separate suites.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

Buyer's Legal Report

For the ease and convenience of prospective buyers,to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is advisable. For more information, please click here.

Tenancy & Accomodation

UnitFloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews

8-14
Ground and
Basement
Public House/ Ancillary
510.96 sq m
(5,500 sq ft)
HOPS PUB COMPANY LIMITED
(1) on a full repairing
and insuring lease
35 years
from
25/03/2002
until
24/03/2037
(2)
£80,000
25/03/2017
and five
yearly
16
Ground
First
Second
Third
Office
Office
Office
Office
31.00 sq m
239.00 sq m
488.30 sq m
212.30 sq m
(334 sq ft)
(2,573 sq ft)
(5,256 sq ft)
(2,285 sq ft)
Vacant Possession
   
18
Ground and
First
Office
206.13 sq m
(2,218 sq ft)
Vacant Possession
   
20
Ground and
First
Office
307.80 sq m
(3,312 sq ft)
Vacant Possession
   
Total
  
1,995.49 sq m
(21,478 sq ft)
  £80,000
 

(1) Hops Pub Company Limited are part of the Stonegate Pub Company who operate over 690 pubs and bars across the UK, within a wide variety of formats: from community and high-street pubs, through branded bars, to country inns and late-night venues (Source: www.stonegatepubs.com 01/03/2017).
(2) The lease provides a tenant option to determine on 25/03/2022.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    23.05.17
    File Size
    28 MB
    Login to View
  • Site Plan
    Updated Date
    03.05.17
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    03.05.17
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Gwen ThomasGwen Thomas +44 (0)20 7034 4857 +44 (0)7809 363549gwen.thomas@acuitus.co.uk
Georgina RobertsGeorgina Roberts +44 (0)20 7034 4863georgina.roberts@acuitus.co.uk
Seller's Solicitors
Shepherd and Wedderburn LLP 10 St. Paul's Churchyard
London
EC4M 8AL
Sally Morris-Smith 020 7429 4942Sally.Morris-Smith@shepwedd.com

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