
CURRENT BUSINESS NOT AFFECTED. Here is an exciting opportunity to acquire a versatile freehold mixed use property boasting impressive retail space on the ground floor and a luxurious three-bedroom duplex apartment spanning the first and second levels. Immaculately presented across three floors, this mixed-use premises is an excellent investment prospect likely to attract a diverse range of potential buyers. The building is estimated to have potential to generate an income in the region of £20,000 pa. The current owner has undertaken a comprehensive transformation, elevating the property to a standard of exceptional quality and appeal. The ground floor features a spacious 29-foot showroom located in the hub of town, complemented by two sizable display rooms and a versatile storage area, along with a conveniently situated WC.
Accessed via a private external staircase, the fully self-contained three-bedroom, two-bathroom duplex apartment have undergone a stunning refurbishment. The layout comprises a generously sized sitting room, an impressive kitchen, a bedroom with an accompanying dressing room, and a luxuriously appointed bathroom – all accessible from a central hallway. Ascending to the second floor reveals two additional double bedrooms, one of which boasts the added luxury of an en-suite shower room, while the other features its own dedicated dressing room. Externally, at the rear of the property, residents will find a courtyard area alongside a designated parking space.
Location
Occupying a busy trading position in the heart of the town centre, close to the junction with Seaside Road, amongst nearby multiples such as Boots, Post Office, Aldi, McColls, Cooplands, Coral, Heron Foods and Lloyds Bank as well as a variety of local traders. The coastal town of Withernsea is a popular tourist destination lying approx. 24 miles east of Hull and enjoying good road access via the A1033.
Accommodation
Services: Mains water and electricity. Propane gas central heating. Private drainage system. Exterior security lighting.
Council Tax: Council tax is payable to the East Riding of Yorkshire Council. The property is shown in the Council Tax Property Bandings List in Valuation Band B (verbal enquiry only).
Tenure: Freehold. The vendor currently occupies the shop but will be vacating. The flat is occupied at the time of marketing commencing but will also be vacant upon completion.
Joint Agents
Reeds Rains, 508 Holderness Road, Hull, HU9 3DS Tel: 01482 709980
VIEWINGS
Strictly by appointment with the Auctioneers on 0845 400 9900 or the joint agents 01482 709980
Solicitors: Sandersons Solicitors - FTAO David Macnamara
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 22nd July 2024 and closing on Wednesday 24th July at 1.00pm. To register to bid and 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 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 £1,800 (£1,500 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
Tenure : Freehold
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