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COMMERCIAL

Marfleet Lane, Hull, HU9 5AQ

Guide Price
£155,000
Auction House, Driffield
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Description

A substantial detached property comprising a single-storey retail sales shop with excellent storage and a total floor area of 3,400 sq ft (316 sq m). The retail area has an internal frontage of about 30ft / 9m including double glazed door and windows with roller shutters. Separate side entrance to delivery area, and large stock room to rear. There is an open forecourt area to this unit and the adjacent parade of shops which includes Heron Frozen Food, Dove House Hospice retail, Lloyds Pharmacy, William Hill and a OneStop convenience store.  The property is currently let on a 5 year lease from July 2024 and produces a gross income of £16,800pa.

Location

Marfleet Lane is part of Hull's outer ring road, between Hedon Road and Holderness Road, two of the city's busy arterial routes in from the east. The property is close to the Preston Road junction with an Aldi supermarket and car park around the corner from the unit

Services

Mains water, electricity and drainage are believed to be connected but have not been tested.

Tenure  

Freehold.  Sold subject to the existing five year lease that commenced on 1st August 2024.  A copy of the lease will be available in the legal pack.

Business Rates

The property has a rateable value of £19,250.

Energy Assessment

TBC

Services

All mains services are believed to be connected but have not been tested.

Viewing

Strictly by appointment with Auction House on

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 1.00 pm. To register to bid and 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  £900 (£750 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.

Energy Performance Certificates

EPC

Marfleet Lane, Hull, HU9 5AQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hull Station3.2 miles
  • New Holland Station5.3 miles
  • Barrow Haven Station6.4 miles

About Auction House, Driffield

56 Market Place, Driffield, YO25 6AW

Auction House Hull and East Yorkshire are a subsidiary of Dee Atkinson & Harrison who are a long established professional firm with a wealth of Auction experience covering not only residential property but agriculture, plant and machinery and commercial premises. We currently hold six property auctions a year and we have achieved excellent success rates that are above the national average. We credit this success to our professional advice and the exceptional customer service we provide.

Auction House Hull and East Yorkshire draws entries from a wide geographic area from the Humber in the South to Scarborough in the North and West across to parts of York and North Yorkshire. We are supported by a number of local Introducer Agents who provide entries and assist with viewings.

We sell a wide variety of property types covering the residential, land, commercial, investment and agricultural segments. Many are vacant for improvement, others tenanted or for development.

We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. The long established parent company of Dee Atkinson & Harrison specialise in Residential Private Treaty sales and Lettings and Management services. With prime trading position Branches in two locations in the region and the backup of the Auctionhouse network of regional agents, we are well placed for marketing each property to both the local and national market.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference dah_588592273. 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 Auction House, Driffield. 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.

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 Auction House, Driffield on 01377 310913.

*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.”

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