COMMERCIAL INVESTMENT OPPORTUNITY : (Business not affected). Generating an income of £10,428.57 per annum.

A commercial investment opportunity in a busy shopping area. Comprising a ground floor restaurant, a kitchen, storage and a rear yard. To the first floor there is a further seating area together with ladies and gents toilets. There is a small outside front seating area.

Tenure

Freehold

Situation

Chanterlands Avenue is a busy thoroughfare with a wide variety of shops together with bars and restaurants and benefits from excellent transport links to the city centre, surrounding villages and the University of Hull.

Accommodation

Ground Floor Restaurant Bar Area Kitchen Store Room First Floor An additional seating area. Ladies and gents toilets. Outside There is a seating area and a yard.

Rateable Value

The commercial property is assessed as a shop and premises under City & County of Kingston-Upon-Hull Local Authority Ref. 10070101011904 and has a current rateable value as at 1st April 2017 of £8,700.

Possession

Subject to the existing Tenancy Agreement.

Conditions of Sale

The 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.

Method of Sale

The property will be offered for sale by public auction on Wednesday 23rd August 2017 at 6.30pm at The Beverley Racecourse, York Road, Beverley, East Riding of Yorkshire, HU17 8QZ. Tel: 01482 867488. For further legal information relating to this lot please log on to www.auctionhouse.uk.net/hullandeastyorkshire.

Viewing

Strictly by appointment with Auction House Hull & East Yorkshire's Hessle office (01482) 644515.

Services

All mains services are connected to the property. None of the services or installations have been tested.

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Hull City Council

Solicitors

Devine Law, 2 Stable Court, Hesslewood Country Business Park, Ferriby Road, Hessle, HU13 0LH. Tel:, Ref: Fran Devine, Tel: 01482 212077

Offered in association with

Dee Atkinson and Harrison

Additional Fees

Administration Charge - The purchaser will be required to pay an administration charge of £600 (£500 plus VAT) in addition to the purchase price of the property.

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

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