Former pubs, nightclubs and police stations under the hammer

NINE pubs, three former police stations, a bank building and two nightclubs are amongst the 192 lots on offer at Pugh and Co’s June northern auctions.

The Crown Court House, in Dalton in Furness, Cumbria, is a vacant public house, café and restaurant with residential accommodation and a former town court house and jail. The guide price is £100,000 plus.

In Flintshire, North Wales, the former Crown Hotel is a vacant pub on a parcel of residential building land with planning consent for nine dwellings. Three miles from Prestatyn town centre, the guide price for the property is £100,000 to£150,000.

Oldham’s vacant three-storey Kiss nightclub and bar will be available at the Manchester auction on June 13, guided at £75,0005-£85,000.

Opportunities in Preston include an investment let to Lloyds TSB Bank producing £12,750 per annum. The property, located on Blackpool Road, includes ground floor banking hall accommodation, offices and storage to the upper floors.

There is also a self-contained flat contained on the ground floor. The lot is guided at £125,000-£150,000.

Pugh’s residential division, The Auction People, is offering a mix of vacant and tenanted properties including a four bedroom semi-detached home in Liverpool on behalf of The Salvation Army guided at £150,000 plus.

Lot 58 is located on Bangor High Street and comprises of eight single bedroom, self-contained flats and one self-contained duplex, producing an annual income of £49,380. It is guided at £275-300,000 and will be available at the Liverpool auction on June 11.

Stephen Swainson, director at Pugh and Co, said: “We’ve had a fantastic start to the year, with almost 300 lots sold generating total sales in excess of £26m. Investors and developers across the North recognise that this is a great time to buy and are snapping up the great deals in the room.”