Buckingham Street, Hull, HU8

This mid terraced property has been developed and is equipped as a hot food takeaway and situated in a densely populated area of housing.  It offers a good opportunity to re-open a previously well established business, start a new neighbourhood retail venture or as an investment property which should readily find a new tenant.  The ground floor sales shop has a  kitchen with preparation room and shower/wc to the rear whilst on the first floor there are two rooms suitable for storage or staff facilities with gas central heating.

LOCATION

The property is situated around 2 miles north east of the central part of the city and port of Hull, on the north side of Holderness Road which as an arterial route into Hull from the east. The immediate surroundings are streets of mainly terraced housing with other individual neighbourhood shops and outlets.

ACCOMMODATION

GROUND FLOOR

Sales Shop:  Fitted customer counter, range of stainless steel ovens and equipment, extraction unit and suspended ceiling.  Staircase leads off.

Preparation Room:  With sink unit.

Shower Room / WC:  With electric shower, pedestal wash-hand basin and low level toilet suite.

FIRST FLOOR

Front Store:  Radiator and double glazed window.

Rear Store:  Radiator and double glazed window.

EXTERNAL

Forecourt.

Rear yard: with storage shed and pedestrian access.

Heating and Insulation: Gas radiator central heating and double glazing to the first floor.

Services:  All mains services are connected to the property.  None of the services or installations have been tested.

Business Rates:  The current rateable value (shop and premises) is £1,025.  

Tenure:  Freehold, with vacant possession upon completion.

Viewing: Strictly by appointment with the auctioneers on 01482 866844. 

Solicitors:  Paul Smith, Brewer Wallace, ShacklesChambers, 7 Land of Green Ginger, Hull, HU1 2ED.  Tel:  01482 221130.  Email:   [email protected]

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 25th November 2024 and closing on Wednesday 27th November at 1.00pm. 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 on-line 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 £1,200 (£1,000 plus VAT) and a buyer’s premium of £600 (£500 plus VAT) in addition to the purchase price of the property.

Guide Price

Guides are provided as an indication of each seller's 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.

Online bidding

If you want 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