This property comprises the upper three floors of an end-of-terrace building that is now in need of comprehensive refurbishment. The leasehold property has previously been used for residential purposes; however, there is currently a clause in the lease that states it cant be occupied for residential use (please refer to the legal pack for further details). As it stands the property can therefore only be used for commercial purposes.

Tenure

Leasehold. Please refer to the legal pack for full details.

Location

Filey is a traditional seaside town located on the East coast between Bridlington and Scarborough. The town offers a good range of amenities and a wonderful beach. The subject property is located in the heart of the town close to shops, eateries and the beach.

Accommodation

Please see the floor plan for details of the accommodation.

Exterior

Agents Note External works are required to the property that was costed 12 months ago at £70,667 of which 65% is payable by the owner of the subject property. The freeholder is in the process of obtaining updated quotes.

Method of Sale The property will be offered for sale by online auction with bidding commencing at 1pm on Monday 10th February 2025 and closing on Tuesday 11th February 2025 at 1 pm. For further legal information relating to this lot and to register to bid, please go to auctionhouse.co.uk/hullandeastyorkshire.

Viewing Details

Strictly by appointment with the Auctioneers on 0845 400 9900.

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.

Guide Price Guides are provided as an indication of each sellers 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.

Services

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

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyer’s premium of £1500 (£1250 + VAT) in addition to the purchase price of the property.

Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 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.