This sizeable property has historically operated as a launderette and has the potential to expand the business whilst also offering further potential for a variety of other commercial ventures.  The premises are currently let, producing £10,200 pa income however the lease ends in March and is being sold with Vacant possession.

The sale includes the fully equipped launderette and the property also has useful first and second-floor owner accommodation which could also be separated to provide a self-contained flat for separate rental. The launderette business has operated as a self-service launderette, a domestic/commercial laundry service, a dry cleaning agency, and an alteration service.

Location

Driffield is known as the Capital of the Wolds originally brought to prominence by the canal, which was opened to barges in 1772. Handily placed for country and coast, Driffield's Annual Agricultural Show is reputedly the largest one-day show in the country. A street market is held each Thursday. With active Cricket and Rugby Clubs, there are many sporting and recreational opportunities in this attractive market town.

Accommodation

The ground floor launderette commercial premises extending to approximately 50sq metres on the ground floor comprising:

Sales Counter
With door onto the main street corner and main street window fronting. Fitted shop counter.

Inner Hall
With staircase leading off to the first floor and separate access door from Bridge Street.

Launderette - Rear
Accessed via double doors from Bridge Street and equipped with eight washing machines and four commercial dryers.

Boiler Room

4.47m x 2.62m

Useful utility area equipped with floor standing gas boiler and large hot water storage tank.

WC

First Floor

Landing

With staircase off leading to the second floor.

Living Room

4.72m x 4.21m

With attractive views across to All Saints Church. Two radiators. TV point.

Dining Room

4.47m x 3.56m

Radiator.

Kitchen

4.47m x 2.41m

Being fitted with a range of kitchen units including base and wall mounted cupboards. Inset sink with single drainer. Gas and electric cooker point and space and plumbing for a dishwasher. Cupboard housing a gas central heating boiler for the upper floors.

Shower Room

Accessed via the kitchen being fitted with a low level WC, pedestal wash basin and shower. Radiator. Extractor fan.

Second Floor

Bedroom

4.57m x 3.61m

With sloping ceilings and exposed beams. Radiator. TV antenna connection point.

Store/ Potential Bedroom

Useful large store offering additional potential to enhance the accommodation and being fitted with a radiator.

Outside

The property stands flush to the pavement on both Middle Street South and Bridge Street. There is no rear amenity space.

Services

All mains services are connected to this property, these services have not been tested by Auction House. The flat has a separate gas and electricity supply. 

Tenure

Freehold with vacant possession on completion.

Viewing

Strictly by appointment with the auctioneers on 0845 400 9900.

Rates

The rateable value is rounded down to £2,075 for this property as of 1st April 2017. Local authority reference DRI284018000N.

Additional Fees

Additional Fees (Including VAT) Administration Charge: £900 Buyers Premium: £600.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Method of Sale

The property will be offered for sale by online auction on Wednesday 20th March 2024 at 1.00pm For further legal information relating to this lot please log on to www.auctionhouse.co.uk/hullandeastyorkshire.

Conditions of SaleThe property will be sold subject to the conditions of sale, copies of which will be available for inspection at the auctioneer's office and with the solicitors prior to the date of the auction.

*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.

Solicitors

Lundys Solicitors, 17 Exchange Street, Driffield, East Yorkshire YO25 6LA

Legal Pack
A legal pack has been requested from the vendor’s solicitor and will be made available online as soon as it is received. You can register to receive an email notification when the pack is available by going to auctionhouse.co.uk/hullandeastyorkshire and clicking on the property you are interested in. On the property detail page you will see a red ‘LEGAL PACK’ button which you should click on and it will take you to the registration page.