A prominent former pub and nightclub building is up for sale for £725,000.
The old Royal Hotel on Silver Street, Bury town centre, is being marketed by estate agents Pearson Ferrier. The building, which is around 150 years old, was recently used at ground and basement level by hospitality venue Club Sixty-Six.
Another bar, called Hidden, used to operate from the rear of the building.
There is office space on the first, second and third floors of the building.
Marketing material promoting the sale of the building invites offers in the region of £725,000 for the building.
Pearson Ferrier described the building a ‘great development opportunity’ with vacant possession. The brochure, said: “The property is located in Bury town centre on bustling Silver Street, well placed for bars, shops, The Rock development, tram links and motorway access.
“The property itself is set over four floors with approx. 15,200sqft of internal space. “The most recent uses of the building were a nightclub, to the ground and basement level, a separate bar to the rear ground floor level and office space.
“This is a great development opportunity for a buyer to let this building to give a high percentage yield, or further enhance the building with conversions possible subject to the usual consents for either commercial or residential use.”
The brochure, which described the premises as ‘an iconic building’ also suggested the a conversion could be made so it could be turned back to a hotel.
The property was previously placed up for sale around two years ago with an asking price of £1.2M. The Royal was once at the centre of Bury’s night-time pub scene and in the mid-1990s boasted ‘the latest in sound and light entertainment’.
Since closing under that name the premises became S77 bar and in 2005 became a 300-capacity lap-dancing venue called Temptations.
The Allergies and Alex Spencer added to Rochdale Feel Good Festival line up
Rochdale development agency delivers £14.30 return for every £1 invested
Dad of two completes 100km run to support local hospices
Moorside election in May cancelled following death of Reform UK candidate
Highest paid council bosses in Greater Manchester revealed in ‘town hall rich list’
Oldham Coliseum refurbishment delayed as more asbestos discovered during works
Kirkholt Man ordered to repay covid grant after false cafe claim uncovered in Rochdale
Car crashes through gym wall in Bury as emergency services flood town centre
Eviction notice served after Heywood flat linked to anti social behaviour
Fire service rolls out body worn cameras after Arena Inquiry recommendations
Kilfest returns to Bolton with three day festival supporting anti hate charity
Rochdale AFC Colour Dash brings crowds together for community event
Comments
Add a comment