Freehold corner pub with let six‑bed HMO — strong income, auction sale, sold subject to tenancies..
- Freehold Victorian corner pub with high ceilings and character features
- Ground-floor pub plus fully let 6-bedroom HMO above (estimated £74,600 pa)
- On-site manager willing to pay £650 per week rent to purchaser
- Total GIA c. 3,724 sq ft (346 sq m) across basement, ground, first, second
- EPC rating C (valid until December 2030)
- Sold by auction: 10% deposit and £1,800 buyer admin fee apply
- Subject to existing tenancies; sold as operational with legal pack
- Location: small plot in a very deprived town-centre area
An exceptionally large freehold Victorian corner pub with a fully let six-bedroom HMO above, offered for sale by auction. Ground-floor trading pub occupies generous bar and back-bar space with cellar and staff/management rooms; first and second floors provide HMO accommodation producing an estimated income of c. £74,600 pa and individual room rents specified in the schedule. The current on-site manager has indicated willingness to pay a rent of £650 per week to the purchaser.
The property sits in Burslem town centre (ST6 3EL) close to local amenities, Port Vale FC, the A500 and Longport station, giving good road and rail links. The building is Victorian red brick with high ceilings and arched windows, offering character and scope for refurbishment or alternative uses subject to planning. EPC rating C (valid until Dec 2030).
Key sale considerations: the lot is sold at auction with a 10% deposit (min £3,000) and an £1,800 buyer administration fee payable by the purchaser. It is sold freehold but subject to existing tenancies and standard auction conditions; pre-auction offers may be considered. Prospective buyers should review the legal pack, the January 2024 business appraisal, and carry out their own due diligence on rates, VAT, and planning potential.
Note the location sits within a very deprived area classification and the plot is small despite the large internal area. The property is operational but will suit buyers comfortable with managing a mixed commercial/residential investment or undertaking refurbishment to add value.
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