FOR SALE BY ONLINE AUCTION - 14TH DECEMBER 2022

The Waterloo, Taddington, Buxton, Derbyshire, SK17 9TJ

GUIDE PRICE - £500,000 - £550,000

REGISTRATION FOR THE ONLINE AUCTION AVAILABLE SEVEN DAYS BEFORE THROUGH OUR WEBSITE

The Waterloo offers a rare and exciting opportunity to purchase a sizeable public house in a prominent location near Taddington, Derbyshire. The venue has been a successful and busy public house for many years and has a large function room used most recently as a music venue. The property also has a number of former letting rooms on the first floor, with scope to develop this side of the business. The Waterloo is not currently open.

The property occupies a particularly prominent position on the side of the A6 and offers significant scope for a number of commercial uses (subject to consents). The property also has potential for redevelopment for commercial or residential purposes (subject to consents).

The site as a whole extends to 3.48 acres including a large tarmac car park / yard with excellent access to the highway. The remainder of the site is grassland together with stables to serve it.

Directions - From Buxton, take the A6 towards Bakewell and the property will be found on the right hand side after approximately 5.7 miles.

What3Words Location Code: ///waking.verbs.swimmer

Situation - The Waterloo Inn is situated Taddington, in the heart of the Peak District. The property sits directly off the A6, having excellent commute route to Ashbourne, Buxton and Leek. The property is approximately 6 miles from Buxton, 17 miles from Ashbourne and 18 miles from Leek.

Description - The Waterloo -

Front Door Into Porch -

Porch - 1.71m x 1.49m (5'7" x 4'10" ) -

Bar - 9.36m x 3.89m (30'8" x 12'9" ) - With window to front elevation, side and rear elevation, timbre construction bar fitted with pumps
and fridges etc., log burner, radiator, half wooden and half carpeted floor and door out.

Snug - 2.85m x 5.15m (9'4" x 16'10" ) - Window to rear, log burner set in brick stone surround and carpeted floor.

Seating Area - 9.10m x 4.10m (29'10" x 13'5" ) - With carpeted floor, fire in stone and wood surround, windows to front, radiator and stairs off.

Hallway - 4.97m x 9.03m (16'3" x 29'7" ) - Half carpet half tiled floor, fitted coat racks and door off to WC's and steps to Function Room.

Ladies' Wc - With three lavatories and hand wash basin.

Gentleman'S Wc - With three urinals, one lavatory and hand wash basin

Function Room - 11.61m x 12.19m (38'1" x 39'11") - With wooden floor, radiator and stage.

Stage Room - 3.19m x 5.83m (10'5" x 19'1" ) - With carpet floor and window to side elevation.

Storage Area - 3.48m x 5.59m (11'5" x 18'4" ) - With window to side elevation, tiled floor and door to outside.

Kitchen/Staffroom - 2.84m x 6.32m (9'3" x 20'8" ) - With window to side elevation and tiled floor.

Kitchen - 3.14m x 4.59m (10'3" x 15'0" ) - With tiled floor, window to side elevation and door to out to the side of property.

Store - 2.34m x 2.18m (7'8" x 7'1" ) -

Stairs Giving Access To First Floor Landing -

Living Room - 7.31m x 4.62m (23'11" x 15'1" ) - With window to rear and side elevation, log burner and wooden floor.

Bedroom One - 4.05m x 3.63m (13'3" x 11'10" ) - With wooden floor, window to front elevation and radiator.

Bedroom Two - 3.89m x 3.59m (12'9" x 11'9" ) - With wooden floor, window to front elevation, radiator and built in wardrobe.

Bedroom Three - 4.72m x 4.13m (15'5" x 13'6" ) - With wooden floor, window to front elevation and fire with surround.

Further Hallway Leading To: -

Bedroom Four - 3.34m x 4.11m (10'11" x 13'5" ) - With window to front and side, carpet floor, radiator and En suite.

En-Suite - With bath, shower, lavatory and hand wash basin.

Bedroom Five - 3.33m x 3.14m (10'11" x 10'3" ) - With carpet floor, window to side elevation, radiator and En Suite.

En-Suite - With bath, shower, lavatory and hand wash basin.

Bedroom Six - 3.35m x 2.82m (10'11" x 9'3" ) - With wooden floor, window to side elevation, radiator and wet room.

Wet Room - With lavatory, hand wash basin and shower.

Outbuildings - Stone and tile outbuilding comprises the following:

Wet Room - With lavatory and Shower. With loft room above.

Further Wet Room - With lavatory and Shower. With loft room above.

Adjoining Boiler Room - 2.42m x 1.96m (7'11" x 6'5" ) -

Adjoining The Property Is The Following:- -

Timber And Sheeted Lean Too - 11.17m x 15.41 (36'7" x 50'6" ) - Split into 2x bays

Timber And Sheeted Stable Block Comprises The Foll -

Stable - 2.96m x 3.59m (9'8" x 11'9") -

Further Incomplete Stable - 2.96m x 3.59m (9'8" x 11'9") -

Further Incomplete Stable - 2.96m x 3.59m (9'8" x 11'9" ) -

Adjoining Is The Following :- -

Stone And Tile Garage Comprising The Following :- -

Room One - 7.27m x 6.47m (23'10" x 21'2" ) -

Room Two - 4.85m x 5.19m (15'10" x 17'0" ) -

Adjoining Lean To - 1.05m x 1.10m (3'5" x 3'7" ) -

Land - The site and carpark offer excellent scope for further development or extension (subject to relevant permissions), including a range of outbuildings.
The whole site extends to approximately 3.48 acres.
The grassland is in a ring fence and is level in nature and in good heart. The land has good, gated access from the road through the car park.


The land can be further described in the schedule below: -

Field No. Description Area (Ha)
1734 Grassland 0.14
1035 Grassland 0.43
0940 Grassland 0.20
- Carpark 0.04
- Buildings + Carpark0.30
1.41 Hectares
Or 3.48 Acres
Or Thereabouts

Services - The Waterloo is connected to mains water and electricity with drainage by septic tank.

Local Authority - The local authority is Derbyshire County Council.

Council Tax Band - The residential living accommodation for the property is in band A.

Rateable Value - We believe the rateable value is £5,500

Viewings - By prior arrangement through Graham Watkins & Co.

Measurements - All measurements given are approximate and are 'maximum' measurements.

Tenure And Possession - The property is held freehold and vacant possession will be given upon completion.

Vendor's Solicitor - Ms K Hancock
Wains Solicitors
39/43 Churchside
Macclesfield
Cheshire
SK10 1HW

Graham Watkins & Co. Online Auction - Graham Watkins & Co Online Auctions is a new, innovative and pioneering platform for buying and selling property.
It provides all the benefits synonymous with traditional auctions, including: speed and certainty of sale, transparency and zero risk of gazumping or double-selling, but with the added advantage of being able to bid pressure free from the comfort of your own home or office via desktop, tablet or mobile phone.

Registration Process - In order to bid at Graham Watkins & Co Online Auctions you will first need to create an account by providing your contact details. You will be required to verify your email address, by clicking an activation link that we'll send to you via email. Once you've created an account you can watch' lots that you're interested in (you'll be kept up-to-date throughout the auction cycle), as well as gain access to the legal packs. In order to place a bid on a lot you will need to complete the bidder registration steps, as detailed below. Please note, the first time you register to bid you will also be asked to verify your mobile number and upload copies of your photo ID (e.g. Driver's licence or passport) and recent proof of address (dated within the last 3 months). This is required so we can easily keep in touch and helps us confirm your identity in the event of you purchasing a lot.

Terms And Conditions - ENSURE YOU READ, UNDERSTAND AND ACCEPT THE TERMS AND CONDITIONS

You will be asked to read and accept our Online Auction Terms and Conditions. Additionally, there may be specific documentation relating to the sale of the property you're registering to bid on that will need to be read and accepted before you are able to bid.
Once accepted, you will receive a copy of the document(s) via email for your own records.

Buyer(S) Fee - The successful buyer of each lot shall be required to pay a buyers fee of £250 + VAT (£300 including VAT) to the auctioneers. This is due on
the fall of the hammer. The buyer will be provided with a VAT receipt following the auction.

Your Solicitor - PROVIDE DETAILS OF YOUR CHOSEN SOLICITOR
You will be asked to provide details of your chosen solicitor, so that in the event of you wining the lot we can initiate the necessary legal proceedings between yours and the vendor's solicitors.

Aml Check - COMPLETE AN ONLINE ANTI-MONEY LAUNDERING CHECK

Graham Watkins are required by law to carry out an online anti-money laundering check on all persons wishing to bed. You will be asked to provide information to verify your identity, including your date of birth, addresses for the last 3 years and at least one of passport, driving licence or national insurance number.

Bidder Security - REGISTER YOUR CREDIT OR DEBIT CARD FOR THE BIDDER SECURITY

In order to bid online you will be required to register a credit or debit card for the bidder security deposit. We use Stripe who provide a secure, online card registration facility, and they will attempt to place a hold on funds' on your account for the bidder security amount (often known as a payment shadow' as no money is taken at this stage). The bidder security amount will be clearly displayed when registering your card.
On the fall of the electronic gavel, the winning bidder's card will be automatically debited for the bidder security amount, whilst all the unsuccessful bidder's cards will have their shadow payments released (this can take several days depending on the card provider). For more information about this process please read the detailed explanation at the end of this document.

Auctioneer Review - FINAL STEP AUCTIONEER REVIEW

REVIEW Once you have completed the bidder registration steps, Graham Watkins & Co will review your registration to bid. We may contact you to obtain some additional information, so that we can electronically verify your identity with a credit reference agency this is a quick and simple process which leaves a soft footprint' and doesn't affect your credit score. You will be notified by email as soon as you have been approved to bid.

Due Diligence - RECOMMENDED DUE DILIGENCE BEFORE BIDDING

In general terms, you are strongly advised to view the property and take professional advice as to its condition and suitability. You should also ensure that you thoroughly read and understand the legal pack and any other associated documentation available online and take proper legal advice accordingly. Finally, understand the contract you are entering into and the financial commitment that you will be liable for should you be the successful purchaser.

Guides And Reserves - UNDERSTAND THE GUIDE PRICE AND RESERVE PRICE

What is a Guide Price?
A Guide Price is an indication as to where the Reserve is currently set. It is not necessarily what the auctioneer expects to sell the lot for and should not be taken as a valuation or estimate of sale price. The reserve will not exceed the Guide Price by more than 10% if it is a single figure Guide price, and if a Guide Price range is quoted, the Reserve will fall within that range.

Bidding - STRESS-FREE BIDDING FROM THE COMFORT OF YOUR OWN HOME

When the auction opens, you will be able to place bids in line with the pre-determined bid increment levels, using the bid increase (+) and decrease () buttons provided. Having set your preferred bid amount and clicking the 'Place Bid' button, you will be asked to confirm your bid at which point it will be placed.
Every time you submit a bid you will be clearly shown whether your bid was successful, and a full list of all bids is displayed on-screen at all times.

Proxy Bids - Maximum (proxy) bids:
You are not restricted to placing a bid at the minimum bid amount but can instead increase your bid and place a maximum (proxy) bid in the system. By setting a maximum bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your maximum bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.

How proxy bids work with the reserve price:
Virtually every lot is sold subject to a reserve price (the minimum price that the auctioneer is authorised to sell for on the day). When you submit a maximum bid, the actual bid placed by the system will depend on where the reserve price is in relation to your maximum bid, as defined below.

If your maximum bid is below the reserve price
- The system will place an immediate bid at your maximum bid amount.

If your maximum bid is at or above the reserve price
- The system will automatically increase your bid to be at the reserve and will only bid again on your behalf if you are subsequently outbid by another bidder (up to your maximum bid amount).
- If another bidder has already placed the same maximum bid or higher, they will be the highest bidder at you max bid level and the system will notify you via email so you can place another bid.

Your maximum bid is kept completely confidential it's presence or amount are not disclosed to the auctioneer, vendor or any other bidder

Fall Of The Gavel - FALL OF LEGAL POSITION WHEN YOU'VE WON THE AUCTION

We offer property for sale by immediate, unconditional contract. This means that the fall of the electronic gavel constitutes an exchange of contracts between the buyer and seller. Both parties are legally bound to complete the transaction usually within 28 days following the close of the auction but this will be confirmed within the legal documentation.

Post Auction - WE'LL GUIDE YOU THROUGH TO COMPLETION

If you are the successful purchaser, we'll be in touch following the online auction to discuss the next steps. The system will take the bidder security amount from your registered credit or debit card (all underbidders will have their hold on funds released); the contract will then be signed on your behalf with copies being sent to both your solicitor and the seller's solicitor and the successful purchaser will be required to transfer a 10% deposit to the auctioneer, or as directed.

Payments Explained - PAYMENTS HOW THE PAYMENT REGISTRATION WORKS

In order to bid online you are required to submit details of a credit or debit card. When you register your card, we will be placing a hold on funds on your credit card (or bank account if you use a debit card), to the value of the bidder security deposit. This means that the amount we're holding will affect the available amount you have to spend on your card, as the amount will be ring-fenced and you will not be able to spend it until the hold has been released.