For Sale By Auction | 6.30pm , 19 August 2015 | Lot 8

The Savoy Hotel , Savoy Road , Hull , East Yorkshire, HU8 0TY

Sold After

  • Guest House
  • 2 Bedrooms
  • Tenure: Leasehold. Lease term expires 31 December 2063 at a ground rent of £375 plus insurance rent per annum.

Call the team on 0845 400 9900 for more information

Auction Date

Wed 19/08/2015

Auction Time

6.30pm

Auction Venue

Unknown

PUBLIC HOUSE PREMISES WITH SEPARATE LIVING ACCOMMODATION - LONG LEASEHOLD

***STILL AVAILABLE CONTACT US FOR FURTHER DETAILS*** The premises comprise an open-plan public house with good levels of natural light to the trading areas. These include a lounge bar with fixed booth style and casual seating areas and an adjacent function room with interconnecting bar, DJ booth and raised dancing area. There are independent toilet facilities to both the bar and function room. The first floor provides self contained living accommodation suitable either as owner/manager's accommodation or for separate letting purposes.

Tenure

Leasehold. Lease term expires 31 December 2063 at a ground rent of £375 plus insurance rent per annum.

Situation

The premises are in a densely populated area which is a mix of privately owned and local authority housing approximately 4 miles to the north-east of Hull city centre. They are adjacent to the Ings Shopping Centre, a retail parade which includes an Asda convenience store, licensed bookmakers and hot food takeaways, and has a large car park.

Accommodation

Ground Floor: Main Lounge 125.98 sq m (1356 sq ft) plus Male and Female WCs Function Room 167.52 sq m (1803 sq ft) plus Male and Female WCs Cellar 21.74 sq m (234 sq ft) Store Room 20.53 sq m (221 sq ft) Office 10.62 sq m (114 sq ft) Kitchen 6.98 sq m (75 sq ft) First Floor: Living room, Kitchen, Two Bedrooms and Bathroom

Outside

Seating area

VAT

The premises will be subject to VAT at the standard rate and this will be on 90% of the sale price.

Viewing

Strictly by appointment with Auction House Hull & East Yorkshire. Beverley office 01482 86688 or Joint agents Topham Larard Commercial 01482 650000.

Fixtures and Fittings

Fixture and fittings can be made available by separate agreement.

Business Rates/Council Tax

The premises are shown in the ratings list as a Public House and Premises with a rateable value of £20,250. The living accommodation is currently assessed for Council Tax purposes in Council Tax Band A. The Local Authority is Hull City Council.

Services

All mains services are connected to the property. NB. Services, apparatus and equipment have not been tested by Auction House Hull & East Yorkshire and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

Joint Agent

Topham Larard Commercial 139 - 141 Kingston Road Willerby Kingston Upon Hull HU10 6 AL Tel 01482 650000

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

Hull City Council

Solicitors

Gosschalks, Queens Gardens, Kingston Upon Hull, HU1 3DZ, Ref: Mr J N Graves, Tel: Tel 01482 324252

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 - Purchasers will be required to pay an administration fee

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