Six freehold pubs on offer at Allsop auction

By Gurjit Degun

- Last updated on GMT

Related tags Merthyr tydfil Guide price

For sale: six pubs will go under the hammer next month at an Allsop auction
For sale: six pubs will go under the hammer next month at an Allsop auction
Six pubs are set to go under the hammer at an auction held by Allsop in London next month.

The freehold properties have guide prices ranging from £30,000 to £2.95m.

The pubs on offer are:

■ VNU in Merthyr Tydfil, Mid Glamorgan, Wales. It has a guide price of £150,000 to £200,000. The property is currently let on a 25-year lease from November 2006 at a rent of £30,000.

■ The Wyndham Arms in Merthyr Tydfil. The guide price is £100,000. It is currently let on a 20-year lease from November 2007 at an initial rent of £23,500.

■ A vacant nightclub in Blackpool, Lancashire. The guide price is £600,000 to £800,000. A six-week completion is available.

■ The Liquid and Diva nightclub in Gloucester for £650,000. It is let to Ranimul 2, guaranteed by Luminar Group, with the lease expiring in 2049, and a rent of £85,000. A six-week completion is available.

■ Revolution in Cardiff for £2.75m to £2.95m. A majority of the property is currently let to Inventive Leisure until 2042, with total current rents reserved at £316,750.

■ A former nightclub/bar in Merthyr Tydfil, Mid Glamorgan. The guide price is £30,000 to £50,000.

The auction will be held at the Park Lane Hotel in Piccadilly, London.

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