For Sale By Auction | 12:00, 25 May 2023 | Lot 46

The Agricultural Hotel, Castlegate, Penrith CA11 7JE

Sold After

  • Hotel
  • 9 Bedrooms
  • Tenure: See Legal Pack

Call the team on 01228 510 552 for more information

Auction Date

Thu 25/05/2023

Auction Time

12:00

Auction Venue

The Halston Hotel, 20-34 Warwick Road • CA1 1AB

Substantial hotel property in town on fringe of northern lakes

A substantial hotel property occupying a prime position near the railway station, castle and M6 motorway at junction 40 in this popular town on the northerly fringe of the Lake District National Park. The current tenants cease trading on 4th June 2023 after 20 years and the property is offered with vacant possession. It comprises spacious bar and dining facilities on the ground floor, 6 en-suite bedrooms on the first floor and a large self-contained owners flat on the second floor. There is also the large former sale room with bull ring which is currently unused but offers potential for a variety of uses subject to any necessary planning consent.

Tenure

See Legal Pack

Ground Floor

Vestibule Main Bar area Dining Room Kitchen Office Old Sale Room Hall with separate entrance for access to upper floors

First Floor

Room 101 - twin with En-suite Room 102 - twin with En-suite Room 103 - En-suite room currently used as a Store Room 104 - double with En-suite Room 105 - double with En-suite Room 106 - double with En-suite

Second Floor

Hall Living Room Kitchen Bathroom Bedroom Bedroom Bedroom/Study Store

Outside

Carpark at front - see title plan.

VAT

VAT is payable on the purchase price. Please see documents within the legal pack.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Solicitors

Baines Wilson, Ref: Alistair Bell, Tel: 01228 552600

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 - £1200 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.