Lot 3 - 1A Park Road East, Birkenhead, Merseyside, CH41 4BB
- Unconditional Online Auction Sale
- Guide Price* : £150,000
- Former Period Cinema Building
- Last used as a Furniture Store
- Renovation Required
- Development potential STP
- Approximately 1,523.50sq. m (16,399 sq. ft)
On Behalf of the Administrators: Vacant former cinema mist recently used as a furniture sore approximately 1,523.50sq. m (16,399 sq. ft) with development potential STPP
Description
The property comprises a large building over three storeys and with an art deco style front façade. We understand the property was built in the 1930s and opened as The Gaumont Cinema in 1938, but closed in the mid 1960s. We understand it has since been used as a bingo hall, snooker club, roller skating rink and, most recently, as a furniture store. We understand the building has been vacant since 2020 and has fallen into a poor internal condition and requires renovation before it can be occupied again.
The property has brick and rendered elevations to the front, with wide opening entrance doors to the ground floor and glazed windows at the first floor level. This section of the building has a flat roof, which we have not been able to access. The rear section of the building is of brick construction, with blocked up windows and under a pitched, asbestos tiled roof. There is an enclosed parking area to the rear, which is currently overgrown and appears rough surfaced under the overgrowth.
Internally, the property is laid out close to its original cinema style, with a lobby area to front, with stairs leading off both sides and with doors into the main ‘auditorium’. This section has lowered ceilings to the first part of the room from the lobby, with the balcony overhead and then opens up into a full height auditorium with painted brick walls and carpeted floors.
At first floor level there is a further lobby area, with timber framed windows to the front, painted walls and a carpeted floor. To the main auditorium room, there is a ‘circle’, which seems to be cordoned off and a balcony. There are a number of other smaller rooms off the sides of the lobbies to both floors and there is a single storey garage to the side of the property.
The property is considered to have development potential subject to obtaining the necessary consents and interested parties should rely on their own enquiries with the Local Planning Office.
Location
The property is located on Park Road East and directly adjacent to Birkenhead Park. Birkenhead town centre shopping centre is around 0.5 miles to the south and public transport via local bus routes and rail links can all be easily accessed.
Tenure
Freehold.
Accommodation
We were unable to measure the property at the time of our inspection as the building was not considered safe enough to access all parts. However, we have had sight of a former valuation report, which suggest the property extends to 1,523.50sqm (16,399sqft).
Outside
Enclosed rear car park.
Tenancies
There is a telecoms mast on the roof in situ under the terms of a lease for 50 years from 28 June 2022 at a peppercorn rent. There are tenant and landlord break options and please see copy lease in the Legal Pack.
EPC
Energy Asset Rating is TBC.
Buyers Administration Fee
There will be a Buyer's Administration Fee of £3,000 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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