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NEXT AUCTION - THURSDAY 18TH AUGUST 2.30PM - Click here to view

Lot - 61 Market Place, Driffield, North Humberside, YO25 6AF Auction Lot £295,000+ - Auction Estates

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The Nottingham Racecourse


18 August 2022

61 Market Place, Driffield, YO25 6AF

Guide Price: £295,000+


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Key Features

  • Freehold commercial property offered with vacant possession
  • Development potential for alternative use and residential conversion (STP)
  • Boasting a net internal area of circa 5,736 sq ft over four floors
Draft Details Only

Freehold commercial property offered with vacant possession spread over four floors and measuring circa 5,736 sq ft with development potential for alternative use and residential conversion (STP)

• Located in the heart of Driffield town centre
• Situated at the heart of the High Street
• Short walking distance to Driffield train station
• Nearby occupiers: Specsavers, Hays, William Hill
• Extending to circa 5,736 sq. ft over four floors
• LGF: Storage - 460 sq ft
• GF: Former Bank reception & office space - 2,491 sq ft
• FF: Storage - 1,747 sq ft
• SF: Storage - 1,036 sq ft
• Internal goods lift from basement to ground floor
• External staircase to the rear for fire/access to first floor
• Opportunity to create second entrance to right of shop front
• Development potential for alternative uses or residential (STP)
• Offered with vacant possession
• Ideal for investors and builders

VAT

Interested parties should refer to the Special Conditions of Sale for confirmation of whether VAT is applicable to the sale price.

Viewings

Please contact Auction Estates on 0115 7844 600

Important Notices

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased.

The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold with vacant possession

Refer to Legal Pack

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