Light Industrial in Kingston upon Hull

61A Lime Street, Kingston upon Hull HU8 7AP
  • Property Type: Light Industrial
  • Contract Type: Unconditional with Variable Fee

Guide Price* £25,000+ plus fees

Property Description

A freehold former former workshop/industrial premises. The current owner has started renovating internally and has made some progress with this. The property has a total of three floors with an additional basement area and the upper floors historically being utilised for office purposes. To the rear of the property is workshop/industrial space with with ancillary office accommodation towards the front. The property has the potential to be split to provide office and workshop premises with the benefit of access available from the rear, or a mixed use scheme subject to planning approval. Location The property is located on Lime Street approximately one mile north of Hull city centre. The surrounding area is predominantly industrial with offices situated nearby. Accommodation The accommodation provides substantial open plan space to te ground floor with 3.5m high ceilings and extends circa 1475 sq ft with total area extending circa 4,423 sq ft or thereabouts.

Note

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.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold


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 Variable 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. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s 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.