Mixed Use
DRAFT DETAILS
A substantial development opportunity, located on the main high street in Withernsea, East Yorkshire.
Situated in the heart of Withernsea town centre is this development opportunity, in a prominent spot on the high street. Formally, the ground floor was operating as a bank and the upper floors as residential space but the property is now fully vacant and may be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
Queen Street is the main road through Withernsea and is home to a variety of commercial premises including shops, pubs, eateries etc. The local pharmacy and post office are both within less than half a mile from the property, as is Withernsea Community Hospital. There are a number of attractions nearby such as Withernsea Central Promenade and Pier Towers Museum, both within easy reach from the property.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Please note: The red line on the first front image of the property indicates where the property ends (before red signage of shop).
Shop area 28ft5 x 14ft11
Shop area 30ft1 x 16ft11
Safe room 11ft7 x 10ft7
Boiler room 9ft6 x 7ft2
Dining room 28ft5 x 13ft3
Kitchen 13ft2 x 13ft2
Bathroom 12ft1 x 9ft19
W/C 5ft11 x 4ft11
Bedroom 12ft2 x 10ft9
Bedroom 13ft9 10ft1
Lounge 13ft5 x 12ft2
Bedroom 21ft4 x 17ft
Bedroom 16ft10 x 8ft10
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
