For Sale By Auction | 6.30pm , 10 March 2021 | Lot 1

94-98 Newstead Street, Hull, HU5 3NB

Sold £135,500

  • Residential Development
  • Tenure: Freehold with vacant possession upon completion.

Call the team on 0845 400 9900 for more information

Auction Date

Wed 10/03/2021

Auction Time

6.30pm

Auction Venue

Online

A Former Public House that now benefits from full planning consent for Change of use to 4 x one bedroom self contained flats.

This former public house enjoys a good frontage onto Newstead Street and now benefits from full planning consent for its conversion to 4 x one bedroom self contained flats and the provision of bin store and cycle parking. Its sale provides an excellent opportunity for developers and 'buy to let' investors to take on a straight forward and manageable conversion project in an extremely popular residential location, close to Chanterlands and Princes Avenue.

Tenure

Freehold with vacant possession upon completion.

Situation

There are good local shopping centres, highly sought after Schools and Colleges. Regular public transport links to the City Centre and neighbouring village of Cottingham. For those who enjoy socialising and leisure, there are many well visited multi cultural Cafe' Bars and Restaurants along Princes Avenue. Princes Avenue is also well known for its attractive and historic Pearson Park. The University of Hull is also just a short distance away along the neighbouring Cottingham Road.

Planning Consent

Full planning consent was granted on 2nd June 2020 under application reference number 19/01161/FULL for Change of use of former Marlborough Club to 4 x 1 bedroom self contained flats. Provision of bin store and cycle parking. A copy of the planning consent and plans will be available in the legal pack and online at Hull City Council planning public access website https://www.hullcc.gov.uk/padcbc/publicaccess-live/

Services

All mains services are believed to be connected to the property but purchasers should make their own enquiries in this regard.

Joint Agent

Dee Atkinson & Harrison 56 Market Place Driffield YO25 6AW

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 www.auctionhouse.uk.net/hullandeastyorkshire prior to the date of the auction.

Legal Pack

A legal pack has been requested from the vendors solicitor and will be made available online as soon as it is received. You can register to receive an email notification when the pack is available by going to auctionhouse.co.uk/hullandeastyorkshire and clicking on the property you are interested in. On the property detail page you will see a red 'LEGAL PACK' button which you should click on and it will take you to the registration page.

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

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

Graham & Rosen , 8 Pariament Street Hull HU1 2BB, Ref: Mr Oliver Richardson

Offered in association with

Dee Atkinson and 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 - Purchasers will be required to pay an administration fee of £750 inc VAT

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