FOUR pubs are going under the hammer in Sheffield for knock-down prices at an auction next week.
The White Rails, on Burlington Street, Upperthorpe, Horse and Groom, on Blackstock Road, Gleadless Valley, The Fox Inn, on Fox Hill Road, Birley Carr, and Green Lane Tavern, Green Lane, Rawmarsh, are all up for grabs at the sale, organised by Mark Jenkinson and Son, based on Norfolk Row, Sheffield city centre.
The auction is being held in the Platinum Suite at Sheffield United’s Bramall Lane ground, from 2pm on Tuesday. All the pubs are being sold with premises licences.
The White Rails, which is currently trading, has its leasehold up for sale with a guide price of £35,000 and that includes a three-bedroom landlord’s flat. The Horse and Groom, which is also still trading, has a guide price of £25,000 for the leasehold.
Meanwhile, the Green Lane Tavern, on Green Lane, Rawmarsh, Rotherham, which is currently boarded up, is being sold for a much higher guide price of £100,000 because the site is freehold.
Adrian Little, of Mark Jenkinson and Son, who is overseeing the sales, said these three pubs have all been put up for sale by previous owners’ receivers.
“They are all in need of some injection of capital and are being sold with the benefit of a licence in case the new owner wants to continue running them as pubs,” Mr Little said.
Meanwhile, The Fox Inn, which is also boarded-up, has been put up for sale by an unnamed pub company for £45,000 to £55,000 and comes with a licence and lease expiring in 2163. Mr Little said the pub has attracted the “most interest” of the four boozers. He added the White Rails had also attracted enquiries but there had been less interest in the Horse and Groom and Green Lane Tavern.
Sharon Ashton, Fox Hill member on the Southey and Owlerton Regeneration board, said: “The pub has been empty for three to four months in an area we are hoping to regenerate. It would be better for the community to have the pub open once more.”
Terry Wright, chairman of Gleadless Valley Tenants’ and Residents’ Association, added: “The Horse and Groom is currently trading and we very much hope it is sold as a going concern.
“Where other pubs in the area have closed, such as the Far Lees, on Leighton Road, they have attracted vandalism and anti-social behaviour.
“The Far Lees is now being reopened as a convenience store but we would rather than Horse and Groom stays open as a pub, whoever buys it.”
He added: “It’s going for a very low price - you’d pay three times more for a house.”