The property is situated on the south side of Witham, less than half a mile to the east of Hull city centre. It fronts Witham in a predominantly commercial area, giving an opportunity to service the surrounding workforce at lunchtime as well as late afternoon/early evening.
The public house premises are detached, traditional brick built to three-storey height, plus a cellar, on a fully developed site. The property provides a ground floor bar with rear customer WCs. There is a barrel drop within a separate front entrance that can access the upper floor living accommodation independently as well as having an internal door connecting to the bar. The upper floors provide spacious 4 (possibly 6) bed living accommodation.
The property is gas centrally heated and partly double glazed but is in need of some refurbishment/upgrading.
ACCOMMODATION
Ground FloorGeneral width 4.9 m (16’) x overall depth 16.6 m (54’ 6”)
Bar and Customer WCs 75.0 sq m (810 sq ft)
Separate Entrance to Living Accommodation (with cellar access). Cellar not inspected
First Floor 77.5 sq m (834 sq ft)
Comprising: Landing, Living Room, Store/office, cinema room, kitchen & breakfast area, WC.
Second Floor 67.5 sq m (726 sq ft)
Landing, Four Bedrooms, Bathroom with WC.
Business Rates & Council Tax
The property is described as ‘Public House & Premises’ at £1,500 RV. Under current legislation, a qualifying small business will benefit from full rate relief. We understand the living accommodation is assessed in Band ‘A’ for Council Tax purposes.
Viewing
Strictly by appointment with the agents on 01482 866844.
Tenure
The property is understood to be freehold with vacant possession upon completion.
VAT
We understand the property is elected for VAT and that VAT is payable on the hammer price.
Method of Sale
The property will be offered for sale by our National online auction with bidding commencing at 12.00 noon on Monday 22nd July 2024 and closing on Wednesday 24th July 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 auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire, before the date of the auction.
Additional Fees
The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) subject to a minimum of 0.3% of the sale price including VAT and a buyer’s premium of £600 (£500 plus VAT) in addition to the purchase price of the property.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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 before 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.
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
ENERGY PERFORMANCE RATING: Awaiting Confirmation
