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Lot 32 - 54-60 Paragon St, Kingston upon Hull, Yorkshire, HU1 3PP

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FREEHOLD VACANT CITY CENTRE COMMERCIAL PROPERTY WITH PP

Guide price: £350,000 - £360,000 *

Auction Date

Monday, 2nd October 2017 11:00am

Location & Description

Kingston upon Hull is an historic, university city and port on the northern bank of the Humber Estuary some 210 miles north of London and about 55 miles east of Leeds and can be reached from the west via the M62 and then the A63 or from the south via the Humber Bridge. Hull was awarded the City of Culture for 2017 and we understand plans have also been drawn up to transform the city centre. The property is in a prominent position on the corner with Chapel Street close to the prime pedestrianised Jameson Street. Located between the Prospect Shopping Centre and Princes Quay Shopping Centre with many national multiple retailers and banks nearby.

ACCOMMODATION (Dimensions supplied by seller)

Second Floor: Office/ancillary 1,160 sq ft (107.8 sq m)
First Floor: Office/ancillary 980 sq ft (91.1 sq m)
Ground Floor: Former banking hall 1,590 sq ft (147.8 sq m)

Note

VAT IS NOT NOW APPLICABLE

OFFERED VACANT WITH PLANNING PERMISSION

PLANNING

GRANTED 10.03.2015 (ref: 15/00062/COU) to change the upper floors to student accommodation and to extend the roof to provide student accommodation in a six storey building. This is a revision of permission granted on 28.11.2014 (ref: 14/01096/COU) which also granted change of use of the ground floor to A3 (restaurant/café) use.

Property Features

  • Freehold and Vacant
  • City Centre Location
  • PP to Convert and Extend to form 6 Storey Building

Result

Sold after auction for an undisclosed amount

Addendum

The seller now advises that VAT is not payable

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.