Smackwater Jacks, 4 Ormerod Street, Burnley, Lancashire, BB11 1EP
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Pub for sale
Key features
- TO BE SOLD BY PUBLIC ONLINE AUCTION ON 24TH SEPTEMBER 2025.
- PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION.
- YOU MUST NOT RELY ON THE INFORMATION BELOW AND SHOULD VIEW FULL PARTICULARS AND ANY ADDENDUMS ON THE AUCTIONEER'S WEBSITE.
Description
An opportunity to acquire a popular and well-known public house investment (established in 1977) located in Burnley town centre, sold subject to a 25-year lease from February 2020 with a current rent reserved of £43,581 per annum. The lease is subject to annual CPI rent increases and represents an opportunity to acquire an established investment providing strong investment growth potential. The property is arranged over basement, upper ground, first and second floors and provides three bar areas, toilets and storage facilities.
Location
The property is located on Ormerod Street, between Bull Street and Hargreaves Street, a short distance from St James Street and Charter Walk Shopping Centre, in Burnley town centre. Burnley Manchester Road Station is located less than 0.5 miles to the south and Junction 10 of the M65 motorway is approximately 1 mile to the west.
Planning
For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Burnley Borough Council, Town Hall, Manchester Road, Burnley, BB11 9SA. Telephone: . Email:
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 23RD SEPTEMBER AND CLOSES ON WEDNESDAY 24TH SEPTEMBER.
3. Energy Performance Certificate = D
4. The property is entered in the 2023 Rating List as "Public House and Premises" with a Rateable Value of £19,150. The Rateable Value (RV) is not the amount payable.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
Smackwater Jacks, 4 Ormerod Street, Burnley, Lancashire, BB11 1EP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Burnley Manchester Road Station0.3 miles
- Burnley Central Station0.4 miles
- Burnley Barracks Station0.6 miles
Notes
Disclaimer - Property reference 120389FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PUGH & COMPANY LIMITED, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call PUGH & COMPANY LIMITED, Manchester on 01942 559576.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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