DESCRIPTION
The ground floor mid-terrace retail unit forms part of an established commercial location. The unit is white-boxed, benefitting from new anodized full height shop front, suspended ceiling incorporating light panels, timber flooring and WC facilities. The large basement provides excellent storage space and there is a rear access for separate loading/unloading.
SITUATION
The subject property is located on the west side of Savile Street, positioned between Queen Victoria Square and Jameson Street in Hull city centre, which is a highly visible road junction in an area of mainly independent retail businesses on the eastern side of Hull city centre retail area. It is about 500m to Hull Paragon rail station, adjacent to St Stephens shopping centre, and the city's old town business district and Princes Quay shopping complex are also similarly close. Savile Street reflects a mix of independent retailers and varying commercial uses. The central position enables easy pedestrian access to city centre amenities with on-street parking opposite.
ACCOMMODATION
Sales Area 125 sq m (1,347 sq ft)
Basement approx 97 sq m (1042 sq ft)
Tenure
Leasehold 999 years.
Joint Agents
Garness Jones 01482 564564.
Viewing
Strictly by appointment with the Auctioneers on 0845 400 9900 or Garness Jones on 01482 564564.
Solicitors
Ellis-Fermor & Negus Solicitors, 2, Devonshire Avenue, Beeston, Nottingham, NG91BS 01159 221 591 FTAO Peter Epaminondas
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 27th January 2025 and closing on Wednesday 29th January at 1.00pm. For 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 auctioneers offices, with the solicitors and on-line at www.auctionhouse.uk.net/hullandeastyorkshire prior to the date of the auction.
Guide Price
*Guides are provided as an indication of each sellers 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.
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
Online Bidding
If you are wanting 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 27th November 24
- Prominent City Centre Retail Unit
- Vacant retail unit
- Ground Floor approx 1,350 sq ft/ 125 sq m
- Basement Store rooms 1042 sq ft/97 sq m
- New full Height shop window
- 999 years Leasehold
- Permitted use class E
