Investors in luck as bingo and snooker hall goes under the hammer
A bingo and snooker hall in Nuneaton will go under the hammer next month.
The Palace Grand in Camp Hill, which closed its doors at the end of October, has been an iconic building in the town for almost a century, having started its life as the Grand Cinema in 1929.
It was redesigned and extended by Bradley and Clarke around 1938 and went on to serve the local community until 1961, before being transformed into a bingo club.
The building comes with an adjoining self-contained snooker hall on the main road and has the potential for a variety of uses and development opportunities. However, a restrictive covenant prevents it from being used as a bingo hall.
The lot has a guide price of between £250,000 and £275,000.
Sally Smith, director and auctioneer at Loveitts, said: “This is an incredible building which has served the local community in Nuneaton for 92 years – it represents an important part of the town’s history.
“As a unique lot, it offers great potential for any property investor, situated in a busy and popular part of Nuneaton. It will be very exciting to see what the next chapter of its long life will be.”
The auction of Palace Grand will be livestreamed on Thursday, February 3rd at 6.30pm.