A PUB near Lymm sold – after an auction was held earlier this month.
The Stamford Arms, in picturesque Little Bollington near Lymm, was listed at a sale in Salford in early September for £850,000.
The Stamford Arms was recently renamed ‘Home Bar & Restaurant’ and focused on its food offering. The three-storey property stands on a 1.5 acre site with a beer garden and parking for 60 vehicles.
The auctions are the consequence of the increasing number of pub closures in the UK, with an average of nine per week and a decline in the number of pubs in England and Wales by 235 in the first half of this year, according to Government Data.
Pugh managing director, Paul Thompson said: “We’re all familiar with the tide of closures across the country as the pub industry comes under pressure from changing leisure habits.
“The good news is that former pubs are often perfect for imaginative redevelopment projects and can be put to all kinds of interesting residential or commercial uses, subject to obtaining the necessary planning consent.”
READ > 8 great pictures of the demolition of a Warrington landmark
While the property failed to sell at auction, it did sell afterwards, but the sale price has not been revealed.
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