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SarahBell

Auction Success

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Not bad for £50k freehold! Huge house if you convert it.

10062862.jpg

Highstone Road, Worsborough Common, Barnsley

That's cheaper than the deepest darkest depths of Ireland. What's wrong with it? Are there that few people who can afford a pint now?

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That's cheaper than the deepest darkest depths of Ireland. What's wrong with it? Are there that few people who can afford a pint now?

In some areas there are people who don't drink booze.

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http://www.edwardmellor.co.uk/search/view/10061414-0-Bedroom-Commercial-In-Chadderton.html?b=1

This didn't sell. Not suprised though

"The car park located to the left hand side of the building is owned by a family member and is not included in the sale, however they have indicated that they will be willing to sign a lease for the car parking subject to negotiation post sale."

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http://www.edwardmel...on/2013/october

Quite a few still available and some not offered...

Also a silly number sold prior.

How does that get the best price? Unless they know they've only had one viewing for it and it's unlikely to sell for more?

Something strange going on here as well almost half that were offerd ethier sold prior withdrawn prior or still avalible the ones widrawn genraly have no interest and come back at a later date

http://auctioneertemplates.eigroup.co.uk/Results.aspx?a=177&c=pfa&au=19481

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http://www.edwardmel...on/2013/october

Quite a few still available and some not offered...

Also a silly number sold prior.

How does that get the best price? Unless they know they've only had one viewing for it and it's unlikely to sell for more?

:o Never realised there are places cheaper than the welsh valleys

Edited by long time lurking

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I an not sure but I have seen lots of pubs selling cheap. I think it's possibly leasehold owned by the brewery and you have to run it as a pub but I could be wrong.

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I an not sure but I have seen lots of pubs selling cheap. I think it's possibly leasehold owned by the brewery and you have to run it as a pub but I could be wrong.

I've seen the same. Some bargain basement prices for pubs considering the size of them. I had presumed it was something to do with the cost of rates whilst you try to get permission to convert them etc??

One local to me was bought by the car dealership next door to it for £120k just so they could knock it down to create more forecourt space.

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In some areas there are people who don't drink booze.

Nay lad, norrin' Barnsley ther' 'int.

More likely, because it's a boozer, getting change of use planning might be an issue. Even more likely, Worsborough Common is a bit of a ruff 'oyl as they say, £50k plus conversion costs is going to be about all a house in that locale is going to sell for.

Incidentally, a Stockport agent has that very property for sale at £45k according to Zoopla.

.

Edited by Stainless Sam

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Nay lad, norrin' Barnsley ther' 'int.

More likely, because it's a boozer, getting change of use planning might be an issue. Even more likely, Worsborough Common is a bit of a ruff 'oyl as they say, £50k plus conversion costs is going to be about all a house in that locale is going to sell for.

Incidentally, a Stockport agent has that very property for sale at £45k according to Zoopla.

.

Edward Mellor?

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I an not sure but I have seen lots of pubs selling cheap. I think it's possibly leasehold owned by the brewery and you have to run it as a pub but I could be wrong.

Punch Taverns have had a big sell off of Freeholds that were just not finding new suckers with £60,000 redundancy in their backpocket ready to be put in theirs.They've mainly got through all the ones that anyone would want and they presented some excellent oppurtunities to buy a big plot+house in nice villages.

Rover's Return style pubs in the North of England have been ground zero of the crisis in pubs-smoking ban,drop in disposable income,duty hikes,lifetsyle changes etc.The cost of converting that pub into a habitable house would probably be the quivalent of buying a nice house in a nice area without the hassle of project managing it.

Barnsley's had a bad recession thus far.

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