DESCRIPTIONThis mid terraced property has been developed and is equipped as a hot food takeaway and situated in a densely populated area of housing. It offers a good opportunity to re-open a previously well established business, start a new neighbourhood retail venture or as an investment property which should readily find a new tenant. The ground floor sales shop has a kitchen with preparation room and shower/wc to the rear whilst on the first floor there are two rooms suitable for storage or staff facilities with gas central heating.
LOCATION
The property is situated around 2 miles north east of the central part of the city and port of Hull, on the north side of Holderness Road which as an arterial route into Hull from the east. The immediate surroundings are streets of mainly terraced housing with other individual neighbourhood shops and outlets.
ACCOMMODATION
GROUND FLOOR
Sales Shop: Fitted customer counter, range of stainless steel ovens and equipment, extraction unit and suspended ceiling. Staircase leads off.
Preparation Room: With sink unit.
Shower Room / WC: With electric shower, pedestal wash-hand basin and low level toilet suite.
FIRST FLOOR
Front Store: Radiator and double glazed window.
Rear Store: Radiator and double glazed window.
EXTERNAL
Forecourt.
Rear yard: with storage shed and pedestrian access.
Heating and Insulation: Gas radiator central heating and double glazing to the first floor.
Services: All mains services are connected to the property. None of the services or installations have been tested.
Business Rates: The current rateable value (shop and premises) is £1,025.
Tenure: Freehold, with vacant possession upon completion.
Viewing: Strictly by appointment with the auctioneers on 01482 866844.
Solicitors: Paul Smith, Brewer Wallace, Shackles
Chambers, 7 Land of Green Ginger, Hull, HU1 2ED. Tel: 01482 221130. Email: ps@brewerwallace.co.uk
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 1.00pm on Monday 22nd April 2024 and closing on Tuesday 23rd April at 1.00pm. For further legal information relating to this lot please log on 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 £1,200 (£1,000 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
- For sale by online auction
- Bidding closes 23 April 2024
- Hot food takeaway premises
- Terraced building
- In area of dense housing
- North east of city centre
- Sales/kitchen. Prep rooms & shower/wc
- 2 first floor rooms
- Rear yard
