Next auction Thursday 20th June 2.30PM

Former The Three Tuns Pub, High Street, Ingoldmells, Lincolnshire, PE25 1PW



Sold
£130,000
Sold
£130,000
Sold
£130,000
Sold
£130,000
Sold
£130,000
Guide price

£75,000+


Property Type

Commercial


Key Features

  • Substantial freehold former public house in the heart of Ingoldmells
  • Planning for change of use to 4 houses, erection of garage and alteration to access
  • An ideal development opportunity

Part of the 27 April 2023 auction
The Nottingham Racecourse at 2.30PM

A development opportunity comprising a substantial former Public House of circa 7,000 sq ft in the heart of Ingoldmells with planning consent for change of use to provide a block of 4 houses, erection of a detached garage and alterations to access.

  • Comprising the former Three Tuns Public House
  • A substantial former pub with outbuildings
  • Extending to approximately 7,000 sq ft
  • Fronting High Street in the centre of Ingoldmells
  • 4 miles from the seaside resort of Skegness
  • One of the largest containments of mobile homes in Europe
  • Close to Tesco Express in the retail centre of the town
  • A short distance from Ingoldmells beach
  • Near Fantasy Island, Butlins and Skegness Golf Centre
  • Planning for change of use to 4 houses, garage, access
  • Planning Reference: S/090/01460/17
  • Local Authority: East Lindsey District Council
  • Proposed scheme drawings available on planning portal
  • Note the 2 acre parcel of land to rear offered separately
  • Not inspected by Auction Estates
  • An ideal opportunity for developers

Contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold

Refer to Legal Pack

Email: mm@bannerjones.co.uk
Telephone: 01623 6750800

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