For Sale By Auction | 6.30pm , 09 September 2020 | Lot 8

40 Market Place , Driffield , East Yorkshire, YO25 6AN

*Guide | £100,000 - £110,000 (plus fees)

  • Shop
  • Tenure: Freehold with vacant possession upon completion.

Call the team on 0845 400 9900 for more information

Auction Date

Wed 09/09/2020

Auction Time

6.30pm

Auction Venue

Online

A vacant retail shop premises providing a total of 1410 sq ft of retail space and storage over two floors.

This deceptively spacious vacant retail premises has been extended to the rear to provide 800 sq ft of retail space with a further 570 sq ft of storage on the first floor. The premises have been occupied for many years and until recently it generated a renal income of £11,000pa. The ground floor retail space has a hardwood floor fitted with electric underfloor heating.

Tenure

Freehold with vacant possession upon completion.

Situation

The property is located just off the Market square of this busy and popular market town which is known as The Capital of The Wolds and well served by national outlets, independent stores, supermarkets, public transport and schools.

Accommodation

Ground Floor: Retail Area One, Retail Area Two, Retail Area Three, Kitchen Area. First Floor: Front Storage, Middle Storage, Back Storage. Outside: There is a small yard to the rear with pedestrian access.

Viewing

Strictly by appointment with the agents on 01377 241919. Interested parties are required to have watched the video viewing that is available using the tabs on the main property websites.

Joint Agent

Dee Atkinson & Harrison 56 Market Place Driffield YO25 6AW Tel: 01377 241919

Business Rates

The rateable value of the property from April 2017 is £5,100, Business Rates are payable to East Riding of Yorkshire Council however an exemption under the Small Business rate relief scheme may apply.

Services

Mains water, electricity and drainage are all connected. None of the services or installations have been tested by Auction House.

Energy Efficiency Rating (EPC)

Current Rating TBC

Services

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

Local Authority

East Riding of Yorkshire Council

Solicitors

Gosschalks, Queens Gardens, Dock Street, Hull, HU1 3DZ, Tel: 01482 324252

Offered in association with

Dee Atkinson & Harrison

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - The purchaser will be required to pay an buyers premium of £480 (£400 plus VAT) in addition to the purchase price of the property.

Administration Charge - The purchaser will be required to pay an administration charge of £750 (£625 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.

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