Pub/bar for sale in Market Street, Pocklington, York YO42

Summary

For sale by online auction: Terms and conditions apply.

**Business unaffected**

We are pleased to offer to auction this substantial 3 storey building, situated in the prime location of Pocklington in the heart of Yorkshire. This 3 storey building has a mix of commercial on the ground floor with A3 consent, with 2x apartments to the upper floors. The ground floor is let for 1,000pcm to a successful cafe and sunbed business, serving coffees and light bites during the day and meals and drinks on an evening. To the first and second floors are 2x 2 bedroom apartments, let for 650pcm and 650pcm. The total annual income is currently 27,600. This is a very rare opportunity for a central market place position in this sought after location.

Please note we have not inspected this property.

Location

The subject property is well located on Market Place, in the bustling and thriving market town of Pocklington, which sits at the foot of The Wolds.

The property is surrounded by an eclectic mix of high street names and local shops, restaurants and transport links all within walking distance. Pocklington is located approximately 13 miles east of York and 17 miles to Beverley.

Pocklington lies on the A1079 road, the main arterial route between the cities of York and Hull.

Accommodation

Commercial unit:
Currently trading as a successful cafe and tanning studio, impeccably shown internally by the current tenants with a 'Tikki Bar' style.

Apartment 1:
Stairs and inner hallway to:
Living room
Bedroom - Double
Bedroom - Double
Shower Room
Kitchen

Apartment 2:
Inner hallway
Living room
Store Cupboard
Bathroom
Double Bedroom
Single Bedroom
Kitchen

Lease Details

The property is fully let at the below rental incomes:

Ground floor shop - let for 1,000pcm
Flat 73a - let for 650pcm
Flat 73b - let for 650pcm

This totals an annual income of 27,600.

Tenure

Freehold. Title number HS26191.

Rateable Value

The adopted rateable value is 11,750 as of 1st April 2017.
Sourced from voa.

EPC

Available upon request (rating D).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.