Beacon Court Tavern in Gillingham sells for £100k over guide price at Clive Emson auction in Maidstone
12:01, 22 September 2016
updated: 14:56, 22 September 2016
A pub which closed earlier this year has sold at auction for more than £100,000 over its guide price.
The hammer came down on The Beacon Court Tavern in Gillingham last week, with a £370,000 price tag.
The former music venue is on the corner of Canterbury Street and Copenhagen Road and includes residential accommodation above.
The pub closed in June, after the previous tenant said it was too costly to run. The property was offered with a freehold guide price of £200-220,000.
Clive Emson auctioneer John Stockey said: “This is a substantial three-storey building with a cellar and it has a lot of potential.
“There are two floors of residential accommodation above the venue itself that was previously popular among live music fans.
“It might be developed in a variety of ways as long as all necessary consents are obtainable.”
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