For Sale By Auction | 13:00, 28 May 2025 | Lot 12

Wassand Arms, 99 Wassand Street, Hull, East Riding of Yorkshire HU3 4AL

*Guide | £80,000 - £90,000 (plus fees)

  • Pub
  • Tenure: Freehold

Call the team on 0845 400 9900 for more information

Auction Date

Wed 28/05/2025

Auction Time

13:00

Auction Venue

Regional Online

A vacant pub with a 5/6-bedroom apartment over. In need of full refurbishment.

This vacant public House is available with vacant possession and offers an opportunity to investors and property renovators to acquire a property that needs a full programme of renovation but is realistically priced to reflect the work required. The sizable property offers accommodation over three floors, including two bars and toilet facilities on the ground floor, and residential accommodation on the first and second floors, including a living room, up to six bedrooms, and four bath/shower rooms. The property is sold as seen.

Tenure

Freehold

Location

Wassand Street is located off Hessle Road in a predominantly commercial area to the West of the City Centre.

Services

The property is connected to mains water, gas, drainage and electricity but these have not been tested.

Tenure

We understand the property to be Freehold.

Council Tax & Business Rates

Council Tax is payable to the East Riding of Yorkshire Council. Online enquiry lists the property in the Council Tax Property Bandings List in Valuation Band A.. The property is also rated for use as a public House and has a rateable value of £1,500.

Viewings

Strictly by appointment with the auctioneers on 0845 400 9900.

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday, 26th May 2025, and closing on Wednesday, 28th May, at 1.00 pm. 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 prior to the date of the auction.

Additional Fees

The purchaser will be required to pay an administration charge of 0.3% subject to a minimum of £900 (£750 plus VAT) and a buyer’s premium of £720 (£600 + VAT) in addition to the purchase price of the property.

Guide Price

Guides are provided as an indication of each sellers 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.

Energy Efficiency Rating (EPC)

Current Rating D(88)

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

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 a buyer’s premium of £720 (£600 + VAT) in addition to the purchase price of the property.

Administration Charge - The purchaser will be required to pay an administration charge of 0.3% inc. VAT of the purchase price subject to a minimum of £900 (£750 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.