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13/6/2024

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VIRTUAL FREEHOLD BASEMENT CLUB

Lot 49

25 High Street, Hemel Hempstead, Hertfordshire

Photo of 25 High Street, Hemel Hempstead, Hertfordshire
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VIRTUAL FREEHOLD BASEMENT CLUB

Lot 49

This basement club occupies a lower level of a buildingthat we understand dates back to the 18th century and issituated in the old town of Hemel Hempstead. The unitconsists of a club and bar areas with ladies and gentstoilets. The club has undergone a major refurbishmentand we understand has been completely rewired withthree phased power and is being sold with the benefit ofall the fittings that include sound and vision facilities,CCTV, bar area, etc. The club currently holds licencinghours from Monday to Thursday from 7pm till 2am, Friday& Saturday 7pm to 4am and Sunday 7pm to 1am. We areinformed that the vendor is in the process of applying foran adult entertainment licence and is willing to continuethis application on behalf of any interested purchaser.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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