Guide Price £350,000 * Plus 3% Buyers Premium plus VAT For sale by unconditional online auction, registration is now open. Bidding opens on 29/10/2025 17:30 and ends on 29/10/2025 20:10.
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
Investment Opportunity Freehold Nightclub Premises, Gloucester City Centre
An excellent opportunity to acquire the freehold interest in a well-positioned and popular nightclub located in the heart of Gloucester.
The property is let to an established operator on a lease contracted until 2037, producing a rental income of approximately £42,000 per annum.
Property Overview:
Ground floor nightclub premises.
First floor manager's flat (currently used as both living accommodation and office space).
Rear courtyard with access.
Parking area accessible from an adjacent street.
Key Points:
Only the freehold interest is available to purchase the business itself is not included.
Secure long-term income stream until 2037.
Prime central location with strong trading history.Tenure:Freehold
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Town & Country Property Auctions - North Wales, Mid Wales, Oswestry, Chester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Town & Country Property Auctions - North Wales, Mid Wales, Oswestry, Chester for full details and further information.