For Sale By Auction | 1.00 pm, 24 January 2024 | Lot 11

The Sandringham Pub, 85 Paragon Street, Hull, HU1 3QW

Sold £119,000

  • Pub
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 0845 400 9900 for more information

Auction Date

Wed 24/01/2024

Auction Time

1.00 pm

Auction Venue

Online

GUIDE PRICE REDUCED BY £20,000 - A Traditional public house premises with upper-floor living accommodation located in the centre of the city close to the railway station.

The property presents as a traditional public house with the ground floor providing an open bar, newly fitted with traditional finishes creating an attractive trading area. Customer WCs are situated to the rear. Stairs lead to the upper floor accommodation, providing 2 bedrooms at the second floor level with a lounge, kitchen and bathroom on the first floor. The premises have been subject to a programme of renovation recently.

Tenure

Freehold

Location

The property is situated in the heart of Hull city centre in close proximity to the Transport Interchange with a general mix of retail and food & drink outlets in the immediate vicinity.

Accomodation

Ground Floor Bar and customer WCs. Door to Cellar 38 sq m (409 sq ft) with general head height 1.6m (5’ 3”) beneath the majority of the bar area with barrel drop to Paragon Street. First Floor Landing, Living Room, Kitchen and Bathroom. Second Floor Two double bedrooms. Fixture & Fittings Fixtures and Fittings can be included with the exception of personal belongings and cellar equipment belonging to the brewery. VAT The purchase price of the property is subject to VAT. Please see the legal pack for further details.

Business Rates & Council Tax

The property is described as ‘Public House & Premises’ with a Rateable Value of £7,500 (2023 Rating List). Under current legislation, a qualifying small business will benefit from full rate relief. We understand the living accommodation is assessed in Band A for Council Tax purposes.

Services

Mains gas, electric, water, and drainage but the services have not been tested. Heating is provided by a gas-fired boiler.

Tenure

The property is understood to be freehold and offered with the benefit of vacant possession upon completion.

Viewing

Strictly by appointment with the Auctioneers on 0845 400 9900

Energy Performance Certificate

The EPC's will follow.

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 22nd January 2024 and closing on Wednesday 24th January at 1.00pm. For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.

Condition 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.

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

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Hull City Council

Solicitors

Guest Walker & Co, 12a Shambles, York, YO1 7LZ, Ref: John Walker, Tel: 01904 624 903

Offered in association with

Dee Atkinson & Harrison

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) subject to a minimum of 0.3% of the sale price including VAT and a buyer’s premium of £600 (£500 plus VAT) in addition to the purchase price of the property.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.