Property for sale
Property description & features
- Tenure: Freehold
A substantial detached property comprising a single-storey retail sales shop with excellent storage and a total floor area of 3,400 sq ft (316 sq m). The retail area has an internal frontage of about 30ft / 9m including double glazed door and windows with roller shutters. Separate side entrance to delivery area, and large stock room to rear. There is an open forecourt area to this unit and the adjacent parade of shops which includes Heron Frozen Food, Dove House Hospice retail, Lloyds Pharmacy, William Hill and a OneStop convenience store. The property is currently let on a 5 year lease from July 2024 and produces a gross income of £16,800pa.
Location
Marfleet Lane is part of Hull's outer ring road, between Hedon Road and Holderness Road, two of the city's busy arterial routes in from the east. The property is close to the Preston Road junction with an Aldi supermarket and car park around the corner from the unit
Services
Mains water, electricity and drainage are believed to be connected but have not been tested.
Tenure
Freehold. Sold subject to the existing five year lease that commenced on 1st August 2024. A copy of the lease will be available in the legal pack.
Business Rates
The property has a rateable value of £19,250.
Energy Assessment
TBC
Services
All mains services are believed to be connected but have not been tested.
Viewing
Strictly by appointment with Auction House on[use Contact Agent Button]
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday, 25th November 2024, and closing on Wednesday, 27th November, at 1.00 pm. 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 £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.
Places of interest
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*DISCLAIMER
Property reference dah_588592273. 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
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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