LANCASTER – Talk about a development deal.
South Glengarry council signed off last week on a property deal, which will see the former Berrigan’s Hotel and Pub in Lancaster sold to a developer for $9,500.
The property was valued at $120,000 following an appraisal.
It was registered for tax arrears in September 2015 after the property owner had amassed $91,674 in back taxes and interest.
It has a 3,013 square foot ground floor and a 2,314 square foot second storey, as well as a 2,313 square foot basement. The appraisal notes that, in it’s current condition, the building only has about 10 years of life remaining
The municipality only received one bid for the former establishment at 184 Military Road after declaring it surplus in February and putting it up for sale.
“The purchaser is intending to return the property to productive use,” stated a report to council last month. The buyer is only identified as a numbered Ontario company.
As for future uses, the property is zoned “general commercial” which leaves over 50 choices for what sort of business can occupy the space, according to the zoning bylaw.
Berrigan’s Pub closed in 2015 and the building has been vacant since then.