Lot
068
Auction: December 2022 Online Auction 07/12/2022

The Cotton House, 533 Helmshore Road, Rossendale, Lancashire BB4 4LQ

Property Details
Location
Auction Details
Description
An imposing detached public house extending to approximately 440.6 Sq M (4,742 Sq Ft) which has been refurbished to a high standard and is currently let by way of a 5-year lease at a rent of £52,000 per annum.
Location
The property fronts Helmshore Road (B6214), at the junction with Station Road, in the village of Helmshore, in the Rossendale Valley. Haslingden is located just over 1 mile to the north and Ramsbottom approximately 3.5 miles to the south.
Accommodation

DescriptionSq MSq Ft
Basement
Men's W/C, Ladies W/C, 4 no. Store Rooms

89.1

959
Ground Floor
Entrance, Bar Area, 2 Reception Rooms, Kitchen, Disabled W/C, Covered Seating Area

175.9

1,893
First Floor
Function Room, Reception Room, Store x 3, Office, W/C's 

121.5

1,308
Second Floor
Kitchen-Living Room, Bedroom with Ensuite, Dressing Room

54.1

582
Total:440.64,742

Outside
There is a car park to the side of the property together with an outdoor and covered seating area to the rear.
Approx Site Area
Approximately 0.07 Hectares (0.17 Acres).
Tenure
Unknown
Planning
Interested parties should consult direct with the Local Planning Authority: Rossendale Borough Council, The Business Centre, Futures Park, Bacup, Lancashire, OL13 0BB. Telephone: 01706 217 777. Email: [email protected]
Tenancy
The property is let by way of a 5-year lease from 1 October 2020 at a rent of £52,000 per annum, subject to a rent review at the third anniversary.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
VAT
VAT is payable at the prevailing rate, in addition to the purchase price.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 6TH DECEMBER AND CLOSES ON WEDNESDAY 7TH DECEMBER.

3. The property is entered in the 2017 Rating List as "Restaurant and Premises" with a Rateable Value of £8,100. The Rateable Value (RV) is not the amount payable.

4. Energy Performance Certificate = C.
Addendum
VAT is payable at the prevailing rate, in addition to the purchase price.

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