Property Details - Scorpio Bar, 34 Crendon Street, High Wycombe, Bucks

Photo of Scorpio Bar, 34 Crendon Street, High Wycombe, Bucks

Available at £450,000

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Lot 5

This substantial centrally located Public House situated in the Town Centre & 50 metres from High Wycombe Railway Station. Benefits from planning permission granted under reference 12/05416/FUL, for the conversion/raising of Roof/Extensions to create 7 Flats on the Upper floors. 4 X 1 Bed, 2 X 2 Beds & 1 X 3 Bed, whilst retaining the Public House on the ground floor or change of use to a Retail Unit (Class A1) & 2 X Business Units (Class B1). The Public House is currently Let under a License Agreement at a rental of £30,000 per annum. Tenant in occupation since October 2011, trading as a music venue. Premise has the benefit of a Late License. We understand the sale of the property is subject to VAT.

Accommodation

Ground Floor – Bar area, kitchen, 2 store rooms, male & female WC’s
Cellar – Boiler room & beer cellar
First Floor - 4 bedrooms, bathroom, kitchen & studio flat
Second Floor – 4 bedrooms, bathroom & kitchen
Parking – 3 tandem car spaces

Local Authority & Tax Rating

Wycombe District Council 01494 461 000
Rateable Value: £24,750

Viewing Times

15/6, 21/6, 28/6 - all at 3pm

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

Scorpio Bar, 34 Crendon Street, High Wycombe, Bucks

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