Commercial Property for sale

Paragon Street, Hull, HU1 3PE

Guide Price* £350,000

Property Description

Key features

  • Freehold former bank premises & offices
  • Planning permission for conversion to student accommodation & ground floor A3 unit
  • Hull designated the 2017 City of Culture

Full description

Tenure: Freehold

For Public Auction at For Online Auction on 23/11/2016 09:00

Location
Kingston upon Hull has been designated the City of Culture for 2017 and is a major regional centre as well as a popular University City. It lies on the Humber Estuary about 60 miles east of Leeds and can be accessed via the A63 and A165. The city is served by Hull Railway Station as well as nearby Humberside Airport. Paragon Street lies in the heart of the city centre, with the property commanding a prominent position at the junction with Chapel Street and near the prime pedestrianised Jameson Street.

Description
A prominent corner building of traditional construction currently arranged as a ground floor former banking hall with office and ancillary accommodation on first and second floors.

Tenure
Freehold.

Planning Authority
Hull City Council (01482 300 300) www.hullcc.gov.uk.

Planning & Development
Planning permission granted in December 2014 for the change of use of the first and second floors to provide student accommodation plus the construction of three new floors to provide additional student accommodation. The application also includes a change of use for the ground floor from A2 to A3 (Planning Ref: 15/00062/COU). The building may offer alternative use potential subject to obtaining the necessary consents.

EPC Rating 78 Band D.

Please refer to the legal documentation.

Note
A video presentation of the potential development scheme has been produced by our client and can be viewed the following link - https://youtu.be/pjQ7PpZxyps

For further information please go to www.lshauctions.co.uk

Nearest stations

  • Hull (0.2 mi)
  • New Holland (3.0 mi)
  • Cottingham (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lambert Smith Hampton, Auctions

UK House, 180 Oxford Street, London, W1D 1NN

020 7198 2000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hull (0.2 mi)
  • New Holland (3.0 mi)
  • Cottingham (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lambert Smith Hampton, Auctions

UK House, 180 Oxford Street, London, W1D 1NN

020 7198 2000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 54543. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lambert Smith Hampton, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 0208 012 4639.


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