The Time Piece, 11-15A Northgate, Dewsbury, West Yorkshire WF13 1DS

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Property Details

Location

Auction Details

Description

A substantial end terrace public house comprising bar, servery and seating areas together with W/C's, beer cellar, catering kitchen, stores, offices, staff rooms and manager's flat. To the rear of the property is a small beer garden. The property is let on a 7 year lease from February 2020 at a rent of £104,000 per annum. The property was fully refurbished during lockdown when the 2 bedroom manager's flat was created. The upper floors may have potential for residential development subject to planning.

Location

The Time Piece occupies a prominent position on Northgate, close to the junction with Corporation Street, in the centre of Dewsbury. The surrounding area is predominantly retail with Dewsbury Station being within 250 metres.

Accommodation

We have not inspected the property but understand the accommodation to extend to approximately 313 Sq M (3,369 Sq Ft) on the ground floor.

Ground Floor:	Bar Servery, Seating Area, Disabled W/Cs
First Floor:	Additional Seating, Customer W/Cs, Beer Store
Second Floor:	Catering Kitchen, Stores, Offices, Staff Rooms, Two Bed Manager's Flat

Outside

There is a small beer garden to the rear.

Approx Site Area

Approximately 424 Sq M (507 Sq Yds).

Tenure

Unknown

Planning

Interested parties should consult direct with the Local Planning Authority: Kirklees Council, Walsh Building, Town Hall Way, Dewsbury, WF12 8EE. Telephone: 01484 221 000.

Tenancy

The property is let to Pickle Pubs Ltd by way of a 7 year lease from 11 February 2020 at a rent of £104,000 per annum. There is a mutual break clause, subject to 1 month notice, to end the lease on or after 24 June 2024.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 22ND FEBRUARY AND CLOSES ON WEDNESDAY 23RD FEBRUARY.

3. The property is entered in the 2017 Rating List as "Public House and Premises" with a Ratebale Value of £62,000.

4. Energy Performance Certificate = E.

5. The property was independently valued in October 2021 at £710,000. A copy of the valuation report is included within the legal pack for information purposes only.