Freehold Nightclub/Bar Opportunity with Change of Use/Redevelopment Potential
Substantial property comprising approximately 1,619.20 sq m (17,429 sq ft)
Fronting £130 million Times Square to include
new Cineworld Multiplex Cinema, Market Hall (Warrington Market), restaurants, Council Offices and multi-storey car park - opens late 2019/early 2020
Potential to redevelop entire or upper parts (subject to consents)
Of interest to owner occupiers, developers and investors, with change of use and redevelopment potential
Grade II listed (no empty rates)
Lot 59
Auction 24th October 2019
Vacant Possession
Status Sold
Price £415,000
Sector Public House
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
On Behalf of Stonegate Pub Company
Property Information
Location
Miles
20 miles west of Manchester
20 miles east of Liverpool
Roads
A50, A56, M6, M56
Rail
Warrington Central (350 metres)
Warrington Bank Quay
Air
Manchester Airport
Situation
The property is located on the east side of Bridge Street, in the heart of Warrington town centre, close to the junction of the pedestrianised Market Gate, Buttermarket Street and Horsemarket Street and 350 metres south of Warrington Central Railway Station. The property is also close to Golden Square Shopping Centre, with some 135 shops, including Primark. Almost adjacent to the property will be the new Times Square, a £130 million development to include a state-of-the-art 13 screen, multiplex Cineworld cinema, a new 42,000 sq ft market hall (Warrington Market), several family restaurants, a new 1,100 space multi-storey car park, new Council offices and a new public square, all of which is due to open by March 2020.
Tenure
Freehold.
Location
Miles
20 miles west of Manchester
20 miles east of Liverpool
Roads
A50, A56, M6, M56
Rail
Warrington Central (350 metres)
Warrington Bank Quay
Air
Manchester Airport
Situation
The property is located on the east side of Bridge Street, in the heart of Warrington town centre, close to the junction of the pedestrianised Market Gate, Buttermarket Street and Horsemarket Street and 350 metres south of Warrington Central Railway Station. The property is also close to Golden Square Shopping Centre, with some 135 shops, including Primark. Almost adjacent to the property will be the new Times Square, a £130 million development to include a state-of-the-art 13 screen, multiplex Cineworld cinema, a new 42,000 sq ft market hall (Warrington Market), several family restaurants, a new 1,100 space multi-storey car park, new Council offices and a new public square, all of which is due to open by March 2020.
Tenure
Freehold.
Description
The property, which is Grade II listed, comprises a large four storey building with ground, first and second floor bar/nightclub, with basement cellar/ancillary accommodation.
VAT
VAT is applicable to this lot.
EPC
Available from the legal pack at acuitus.co.uk
Description
The property, which is Grade II listed, comprises a large four storey building with ground, first and second floor bar/nightclub, with basement cellar/ancillary accommodation.
VAT
VAT is applicable to this lot.
EPC
Available from the legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Gross Internal Floor Areas (Approx)
Tenant
Ground Basement First Second
Nightclub/Ancillary Ancillary Nightclub/Ancillary Former Hotel Rooms/Ancillary
(1) Please note that the property is currently occupied and trading, but is due to close imminently, and will be sold with Vacant Possession on completion of the sale. Please note that the fixtures and fittings will be removed from the property prior to completion - please see Special Conditions of Sale.
