Lot 3 - The Friary, 116 St. Leonards Gate, Lancaster, Lancashire, LA1 1NN
- Unconditional Online Auction Sale
- Guide Price* : POA
WITHDRAWN - ON BEHALF OF THE FIXED CHARGE RECEIVERS : City centre Grade II former 19th century church latterly trading as a public house with development potential STP
Description
WITHDRAWN
Grade II listed property, originally constructed in the 19th century as a church and previously used as a public house. There are many interesting features, including several stained glass windows and a distinctive three stage tower which carries an octagonal broach spire.
The ground floor has 2 main entrances and provides a main open dance floor area with bar and electrical store to the east and raised sitting area to the west, staircase, Ladies WC, disable WC, exit to yard and exit to Rosemary Lane with staircase and electricity cupboard. The first floor comprises a mezzanine level overlooking the main dancefloor with kitchen, Male WC & WC, hall with staircase, office, 3no stores and a further toilet.
The property requires refurbishment and is considered to have development potential subject to obtaining the necessary consents.
Location
The property benefits from a prominent position at the junction of St Leonards Gate and (A6) Rosemary Lane, with the latter forming part of the ring road for the city and connecting to the M6 motorway (Junctions 34 to the north and Junction 33 to the south). Lancaster train station is 0.5 miles from the subject and is positioned on the West Coast Main Line. In the immediate vicinity are a number of other licensed premises, commercial uses and residential.
Lancaster lies on the River Lune, is the county town of Lancashire, with a population of approximately 52,000 and the University has over 17,000 registered students.
Tenure
Freehold.
Accommodation
Basement: Unmeasured
Ground Floor: 3,693 sq ft 343 sq m
First Floor: 3,279 sq ft 305 sq m
Tower: Unmeasured
Total: 6,972 sq ft 648 sq m
EPC
Energy Asset Rating is E
VAT
VAT is payable on the purchase price, unless the purchaser intends to convert the buildings (or part of the buildings) at the Property with a view to them being used as a number of dwellings or solely for residential purposes and they must have prior to the date of exchange provided to the Seller a certificate in form VAT1614D to dis-apply the option to tax.
Buyers Administration Fee
There will be a Buyer's Administration Fee of £1,500 payable upon exchange of contracts.Additional Information
Interested parties contemplating development should consult direct with the Local Planning Office, Lancaster City Council, Town Hall, Dalton Square, Lancaster LA1 1PJ. Tel: 01524 582000.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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