For sale by Unconditional Online Auction.
The current owners are still trading the property however it will be sold free of tie and with vacant possession.
This landmark Grade II listed property has over 660 sq. m (7,100 sq. ft.) of accommodation over four floors (including basement) combining traditional elegance with modern amenities, offering well-appointed rooms, period features like original fireplaces and sash windows, and beautifully designed public spaces.
Situated in a vibrant town with a rich industrial heritage, the Springfield Hotel benefits from excellent transport links and local attractions, making it an ideal destination for business and leisure traveller being located less than 2 miles from The Brick Stadium (Wigan Athletic FC and Wigan Warriors RLC) and circa one mile from the Royal Albert Edward Infirmary.
A planning application has been submitted for The Springfield Hotel for a change of use from public house with living accommodation to a mixed-use public house at ground floor and a hotel on the upper floors (planning reference A/23/96507/FUL) pending outcome.
Details of the Grade II listing can be found at www.historicengland.org.uk
List Entry Number: 1384512
Tenure: Leasehold to be confirmed
Ground rent TBC
EPC: 51 (C)
Rateable Value: £9,000 per annum.
We are informed the property is currently informally leased for £600 per week.
Draft Sales Details These sales details are awaiting vendor approval.
Tenure: Leasehold
EPC Rating: C
Terms:
Auction Details:
The sale of this property will take place on the stated date by way of Timed Auction and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price:
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Property Simplified
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.