£200,000

Pub/bar for sale

  1. Property photo 1 of 14.
  2. Property photo 2 of 14.
  3. Property photo 3 of 14.
Just added
Auction
Freehold

Guide price

£200,000

Pub/bar for sale

The Bridge Inn, 1 Lowesmoor Terrace, Worcester WR1

Local area information

Property location

Nearby amenities

  • Worcester Shrub Hill 0.3 miles
  • Worcester Foregate Street 0.3 miles
  • Stanley Road Primary School 0.4 miles
  • Newbridge Short Stay Secondary School 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Worcester to find out more about the local area.

Features and description

  • Freehold
  • Freehold. The property has been let on a 12 month lease with effect from the 2nd September 2024 to 2nd October 2025, at a rent of £17,000 per annum, and the tenant is holding over. The...
For Sale By Public Auction on 10 December starting at 08:30 am - A freehold pub close to the city centre. Currently occupied by a tenant, holding over, having asset management/development opportunities for a variety of alternative uses subject to any appropriate planning consents. Being sold on behalf of the lpa Receivers

The property comprises a link detached public house over basement, ground and first floors of traditional construction and surmounted by the pitch tiled roof. The ground floor accommodation provides a bar, games/skittle area and kitchen.
The basement provides a small cellar for storage purposes and includes a barrel drop.
The first floor provides simple residential accommodation (not self contained), consisting of two bedrooms, a living area, kitchen, bathroom and separate WC. Outside to the rear is a small concrete paved beer garden.
The property is a long established public house, but is considered suitable for a variety of other uses subject to obtaining any necessary planning consents.

Accommodation
Ground Floor: 1,254 sq.ft. (116.51 sq.m.)
Cellar 327 sq.ft. (30.38 sq.m.)
First Floor: 798 sq.ft. (74.17 sq.m.)
Total: (approx.)2,379 sq.ft. (221.06 sq.m.)

We have not undertaken a measured survey of the premises and all interested parties must seek their own verification as to floor areas and dimensions and the suitability of the property for their proposed future use.

Location
The subject property occupies a prominent position fronting Lowesmoor Terrace, close to its busy junction with Lowesmoor Place (B4205) and Lowesmoor Terrace as it runs into Rainbow Hill (B4550). The area of Lowesmoor, which has undergone investment and improvements during recent years including a new Asda superstore development, lies a short stroll from Worcester city centre.
Within the immediate vicinity there is a mix of retail, commercial and residential uses together with the Worcester Birmingham Canal.
Worcester is a popular Cathedral city built on the River Severn and lies approximately 30 miles southwest of Birmingham and 27 miles north of Gloucester.

Energy Performance Rating
C.

Tenure
Freehold. The property has been let on a 12 month lease with effect from the 2nd September 2024 to 2nd October 2025, at a rent of £17,000 per annum, and the tenant is holding over.
The lease specifies that the letting is outside of the 1954 Landlord & Tenant Act and as such there are considered to be asset management opportunities.
A copy of the lease documentation will be available for inspection within the legal pack.

Value Added Tax
For clarification in respect of whether or not VAT will be chargeable on the purchase price please refer to the Legal Pack.

Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewing Times
Strictly by appointment with the Auctioneers. Please complete the request a viewing' form or contact the office.

Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.

Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.

*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.

Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Bond Wolfe Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bond Wolfe Auctions for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Worcestershire
  4. Worcester
  5. Lowesmoor Terrace