Detached Former Restaurant – In Need of Full Renovation

Auction House North West have not inspected the subject property but we have been advised this is a detached former Indian Restaurant (prior to that was known as the Long Flame Public House). The building is understood to be fire damaged throughout and requires refurbishment. Prior to the fire, we understand the property briefly provided the following accommodation (taken from previous brochure): - Ground Floor: Reception Entrance with Central Bar, Bar and Customer Waiting Area, Restaurant, Private Dining Room, Rear Corridor, Lobby Room, Gents, Ladies and Disabled Toilets, Kitchen with walk in store, Beer Cellar with Two Rooms. First Floor: Stairs and Landing, Bathroom with bath, wash basin WC, Five Rooms, Storeroom and walk in store. Note: The first-floor accommodation may be suitable to convert into three bedroom living accommodation (STP). Outside: Forecourt, vehicular access to large car parking extending to the side and rear, which may offer further redevelopment opportunities (subject to obtaining planning consent) and an enclosed service yard. Floor Areas: Ground Floor: 210.4 sqms (2,264 sq.ft), Cellar: 23.08 sqms (248 sq.ft). First Floor: 73.8 sqms (794 sq.ft). Total Floor Area: 307.28 sqms (3,307 sq.ft). The property is situated virtually opposite the newly constructed Aldi National Distribution Centre and whilst located in a predominantly rural area surrounded by villages the property is conveniently located for access to the M1 Motorway (Junction 22) and the towns of Coalville, Ibstock and Market Bosworth all within approximately 5 miles distance. For further information relating to the property, please refer to the legal pack. Business Rates: £24,250 – 1 April 2023 until Present. All appliances/services have not and will not be tested. Tenure: Freehold Title number: LT137825 Council Tax Band: Business Rates Local Authority: Hinckley & Bosworth 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 B

Local Authority

Hinckley and Bosworth Borough Council

Solicitors

Moore Barlow, Ref: Moore Barlow

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - No fee applicable

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