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Unsold pub at auction

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Comments

  • InspironDreams
    InspironDreams Posts: 29 Forumite
    Bantex wrote: »
    Chances are that if PP was available the place would not be cheap. (Depending on where it is)

    Hmm good point.
  • InspironDreams
    InspironDreams Posts: 29 Forumite
    The pub is located in Treorchy, Wales. The price is at 40k.
  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Size of plot! Parking if you want to build flats?
    Is the property listed? assess to site and local neighbours!
    Local council plans and planning issues.
    Maybe a phone call to the local planning department just for Information might help.
    Hope you have what £100/150K sat in the bank to bring up to modern standards if flats, fire doors, mains wired smoke alarms, fire escapes etc
    total rewire with meters both gas/electric for every flat.
  • InspironDreams
    InspironDreams Posts: 29 Forumite
    Thanks for your input dimbo61
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    Has change of use been granted, or will you still be paying business rates?
    Been away for a while.
  • InspironDreams
    InspironDreams Posts: 29 Forumite
    change of use hasn't been granted. It is still an A3 licensed place.
  • paddyrg
    paddyrg Posts: 13,543 Forumite
    Nearby 4 Bed residential property seems to be up at about £45k, maybe the saving isn't that huge?
This discussion has been closed.
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