for auction in Hull

Description

A substantial two storey retail premises extending to approximately 289 Sq.M (3,114 Sq.Ft) and forming part of a larger retail parade located just 3 miles west of Hull. Internally the property comprises an open plan retail area to the front including fitting rooms and an office with partitioning to the rear to form a large manufacturing room and storage area. There is also a large single storey extension that runs the full length of the property. To the first floor there is a kitchen and bathroom in addition to ancillary storage which could have potential to be converted into separate residential accommodation, subject to consents.

The property fronts onto Endike Lane, a busy secondary shopping parade with a variety of neighbouring independent retailers.

Accommodation

Ground Floor
2,703 Sq.Ft (1,592 Sq.Ft sales space)

First Floor
411 Sq.Ft

Costs

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% inc. VAT of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

General

Auctioneer Note
The internal accommodation details have been provided by the vendor.

Planning
We understand that the side extension was done without any approved planning permission