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Ulleskelf Arms, Church Fenton Lane, Ulleskelf, Tadcaster LS24 9DS

Lot no: 171 Sold Prior to Auction
 

Guide Price £207,500+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 26th September 2024

9.00am
Key Features
  • Development opportunity
  • Planning permission granted for conversion of the first and second floors into 3 x 2 bedroom apartments
  • Well positioned in the attractive village of Ulleskelf
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Sold Prior to Auction

Pub

Property Description:

***Development opportunity***

The Ulleskelf Arms provides an investor, or local resident, the chance of returning a historical building to its former glory. Currently, planning permission is granted for conversion of the first and second floors into 3 x 2 bedroom apartments – Ref ZG2023/1331/FUL. The current owners considered applying for 5 x flats, whilst reducing the size of the ground floor trading area. Although never applied for, the architects drawings will be provided as part of the legal pack. In addition, there is a large parking area, to the side, which may also have development potential, subject to the necessary planning consents.

If running the village public house has always been a dream, then the ground floor bar and kitchens are well finished and you could be trading in no time. The ground floor measures approximately 1,571ft² in addition to having the use of beer cellars of a further 653ft². The upper floors have been partially refurbished and the layout of the accommodation lends itself to development. Externally, aside from the parking, there are seating areas to the rear.

We recommend you book your viewing with us to help you work out how the building works best for you.

Location:

The premises are well positioned in the attractive village of Ulleskelf, next to the train station which provides good transport links to Leeds (23 minutes direct) and York (11 minutes). Located just 4 miles south east of Tadcaster and surrounding villages/towns including Castleford, Pontefract and Tadcaster.

Value Added Tax:

VAT is payable on the purchase price.

Tenure:

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 under and Unconditional sale type.

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 1.8% of the purchase price (subject to a minimum of £2,400 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.
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