FOR SALE BY AUCTION ON WEDNESDAY 20TH MARCH 2024 at 1.00pm

This sizeable property has historically operated as a launderette and has the potential to expand the business whilst also offering further potential for a variety of other commercial ventures. The premises are currently let, producing £10,200 pa income however the lease ends in March and is being sold with Vacant possession. The sale includes the fully equipped launderette and the property also has useful first and second-floor owner accommodation which could also be separated to provide a self-contained flat for separate rental. The launderette business has operated as a self-service launderette, a domestic/commercial laundry service, a dry cleaning agency, and an alteration service.

Tenure

Freehold with vacant possession on completion.

Situation

Driffield is known as the Capital of the Wolds originally brought to prominence by the canal, which was opened to barges in 1772. Handily placed for country and coast, Driffield’s Annual Agricultural Show is reputedly the largest one-day show in the country. A street market is held each Thursday. With active Cricket and Rugby Clubs, there are many sporting and recreational opportunities in this attractive market town.

Accommodation

Ground Floor: Sales Counter, Inner Hall, Launderette - Rear, Boiler Room, WC. First Floor: Landing, Living room, Dining Room, Kitchen, Shower Room. Second floor: Bedroom, Store/ Potential Bedroom. Outside: The property stands flush to the pavement on both Middle Street South and Bridge Street. There is no rear amenity space.

Viewing

Strictly by appointment through Auction House Hull & East Yorkshire on 0845 400 9900.

Rates

The rateable value is rounded down to £2,075 for this property as of 1st April 2017. Local authority reference DRI284018000N.

Services

All mains services are connected to this property, these services have not been tested by Auction House. The flat has a separate gas and electricity supply. The launderette and flat have gas safety certificates until 2020.

Joint Agent

Dee Atkinson & Harrison 56 Market Place Driffield East Yorkshire YO25 6AW Tel: 01377 241919

Legal Pack

A legal pack has been requested from the vendor’s solicitor and will be made available online as soon as it is received. You can register to receive an email notification when the pack is available by going to auctionhouse.co.uk/hullandeastyorkshire and clicking on the property you are interested in. On the property detail page you will see a red ‘LEGAL PACK’ button which you should click on and it will take you to the registration page.

Energy Efficiency Rating (EPC)

Current Rating C

Services

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

Local Authority

East Riding of Yorkshire Council

Solicitors

Lundys Solicitors, 17 Exchange Street, Driffield. YO25 6LA, Ref: Mr David Lundy, Tel: 01377 252831

Offered in association with

Dee Atkinson and Harrison

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyers premium of £600 (£500 plus 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.