Light Industrial
An Industrial warehouse with ancillary offices and external yard areas recently refurbished to a good standard extending a total of 4,270 sq. ft. (396.68sq.m), including separate external stores/garages extending circa 830sq.ft (77.11sq.m).
The premises are self-contained benefiting from perimeter fencing and double access gates.
Internally, the office accommodation is accessed through the front personal door. This is split over ground and first floor. In addition, there are staff amenity facilities to include wcs and kitchen facilities.
Windows and doors throughout are UPVC double glazed units.
The warehouse can be accessed from the yard via a good-sized roller shutter or internally through connecting door. The roof if pitch and with internal clear span is suitable for racked storage or workshop.
Externally there is forecourt parking with side and rear yard area.
There are also several residential style garages providing yet further storage and a separate office area.
Strickland Street links Hessle Road and West Dock Street and is situated approximately 1.5 miles west of Hull City Centre. Hessle Road is a popular and comprehensive secondary retail location. The immediate area is occupied by a variety of companies including many food production operators. Road links to the property are excellent via the inner-city ring road system as well as the Clive Sullivan Way (A63) which link the Docks to the east and Humber Bridge and motorway network to the west.
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.
We are advised the property is leasehold with 94 years unexpired term. The current rent payable is £1,062.50 per quarter. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. The current lease prohibits assignment of the lease without the consent of the landlord. Consequently, landlords consent will be required to the assignment of the leasehold title to the new buyer. The future buyer will be required to get the landlords consent to any future sales. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
These sales details are awaiting vendor approval.
Leasehold. 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.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
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 (and any applicable Home Report for residential Scottish properties).
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.
