Wellington Street

Ref: Lot 23

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Town & Country Property Auctions North West
Town & Country Property Auctions North West

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a £3000 + 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).

Description

This substantial property occupies a prime corner plot, boasting excellent visibility and footfall, making it ideal for a range of commercial ventures. With its rich history, the property offers both character and potential for modern adaptation.

Prime Location: Situated on the main thoroughfare in Clayton Le Moors, providing easy access to the surrounding areas, including Accrington town centre, and excellent transport links via the M65 motorway.

Substantial Building: Offering flexible space, this property is spread across multiple floors, featuring large, versatile rooms, and a prominent corner position with high visibility.

Commercial Opportunity: Formerly a hotel and public house, the property is suited for a variety of uses, including continued hospitality, conversion to residential apartments, or mixed-use development (subject to planning approval).

Parking: Nearby parking available, adding convenience for guests or residents.

Local Amenities: Surrounded by local shops, schools, and services, the location is well-supported for a range of commercial or residential uses.

Significant opportunity for rental income or future capital growth

The Wellington Hotel enjoys a strategic location in Clayton Le Moors, Accrington. With the M65 nearby, the property offers quick access to major cities including Blackburn, Burnley, and Preston. Accrington town centre is just a short drive away, providing further local amenities, shopping, and public transport options. The area is also seeing ongoing regeneration, increasing its potential as a hotspot for both commercial and residential growth.

Property sold prices:
40-42 Broadway, Accrington, BB5 sold for £232,000
123 Whalley Road, Accrington, BB5 1BX, sold for £211,000

Tenure

Freehold

Buyers Premium

£3,000 + VAT

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.

Key Feature 1

Fantastic Investment Opportunity

Key Feature 2

Potential for Residential or Commercial Use STPP

Key Feature 3

Vacant Possession

Council Tax Band

A


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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