Red Rose Public House, 122 Durham Road, Rochdale, Greater Manchester, OL11 1LR

On behalf of Joint Receivers - vacant detached two storey public house with development potential subject to the gaining the necessary consents

Location

The property is located in a mixed use area at the intersection of Durham Street and Oldham Road (A671). Rochdale town centre is located approximately 1 mile north west and the A627(M) approximately 1 mile to the west.

Description

Vacant two storey detached public house with development potential subject to gaining the necessary consents.

Accommodation

Pugh & Company have not been able to inspect the property internally and potential purchasers are advised to make their own enquiries. 

Tenure

Leasehold. The term is 976 years from 1 May 1850.

Planning

Interested parties should consult directly with the Local Planning Office, Rochdale Metropolitan Borough Council, Municipal Offices, Smith Street, Rochdale OL16 1XU. Tel: 01706 647474.

VAT

VAT if applicable will be payable at the prevailing rate in addition to the gavel price.

Solicitors

DLA Piper UK LLP, 101 Barbirolli Square, Bridgewater, Manchester, M2 3DL.
Tel: 0161 235 4674. Fax: 0161 235 4102. E-mail: thomas.johnson@dlapiper.com.
Contact: Mr Tom Johnson.

Joint Agent

Savills Commercial Ltd, Belvedere, 12 Booth Street, Manchester, M2 4AW.
Tel: 0161 277 7293.
Contact: Mr Nick Okell.

Addendum

There is a third party claiming rights to attach an advertising to the property.

* Guide Prices and Reserves

Guide Price: An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.