A POPULAR pub has been put up for sale with a guide price of £125,000.
Th Mars Inn, in Loftus, will go under the hammer later this month, along with 90 other properties and plots of land.
Auction house Pugh will be selling the pub, which has two bedrooms and is set on a third of an acre with beer gardens and car parking on Deepdale Road.
Pugh managing director Paul Thompson said: “The Mars Inn is in a fantastic location in Loftus, which is close to the Yorkshire coast and midway between Saltburn and Staithes, both of which attract large crowds of visitors, especially right now, when a UK staycation has become the holiday of choice for almost everyone.”
He added: “The pub could represent an attractive development opportunity for an investor, subject to gaining the necessary planning consent, and whether that was residential of commercial it would be tremendous to see it continue to be an asset to the Loftus community, in whatever form.”
Since the onset of the coronavirus pandemic in March, Pugh has sold more than 190 lots totalling over £20m at its auctions, which have been held on the firm’s online platform.
The firm’s next auction, featuring properties and land across the UK, including the Mars Inn, will be held on 21 October.
For more details and to view the full auction catalogue, go to www.pugh-auctions.com.