Retail property (high street) for sale
Property description & features
- Tenure: Freehold
The building has been completely renovated recently, all doors are fireproof and there is a fire alarm. uPVC windows are fitted throughout, all the walls have been re-plastered, all the wiring has been replaced, the floors of the building is tile and laminate, heating through radiators and electric showers. Electricity and gas are separately metered for each part.
Location
The property is situated on a mixed use road in Hull amongst local shops and amenities and close to the City Centre. The open spaces of a Public Park are within easy reach. Transport links are provided by Hull Paragon International rail station and the M62 link to the wider motorway network.
Ground floor lock-up shop
Tenancy:
Ground floor lock up shop is on a 36 Month lease starting 1st November 2023 producing £6,600 per annum.
The eight flats are currently fully let as follows.
SERVICES
Mains gas, water, electricity and drainage are believed to be connected to the property. None of the services or installations have been tested. Heating for the individual flats is from either gas boilers to radiators or electric panel heaters.
TENURE
Freehold. Vacant possession upon completion.
METHOD OF SALE
The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 22nd July 2024 and closing on Wednesday 24th July at 1.00pm. To register to bid and further legal information relating to this lot please go to auctionhouse.co.uk/hullandeastyorkshire.
CONDITIONS OF SALE
The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
ADDITIONAL FEES
The purchaser will be required to pay an administration charge of 0.3% of the purchase price (0.25% plus VAT), subject to a minimum charge of £900 (£750 plus VAT), and a buyer's premium of £600 (£500 plus VAT) in addition to the purchase price of the property.
GUIDE PRICE
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
DISBURSEMENTS
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
ONLINE BIDDING
If you want to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c
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*DISCLAIMER
Property reference dah_885860550. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Dee Atkinson & Harrison - Auction House, Hull & East Yorkshire.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on February 16, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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