Retail premises for sale in Old Natwest Bank, 2A And 2B Queen Street, Ulverston, Cumbria LA12

For sale by auction on Thursday, 30 May 2024 at 12:00

Venue: The Halston Hotel, 20-34 Warwick Road • CA1 1AB

Investment and Development Opportunity

Imposing town centre Grade II listed building comprising of a vacant banking hall, basement and ancillery rooms offering development potential subject to the necessary planning approvals for either residential or commercial use. Exclusive generous sized apartments to the first and second floor including allocated parking spaces. Currently tenanted to long standing tenants producing an income of circa £30,000 pa.

The land adjacent is also being offered in the auction with a Guide Price of £150,000+. The lots will be offered as individual lots and then as a combined lot.

Banking Hall
Circa 1400 sq ft with stunning original features, cellar and ancillary rooms.

Suitable for a variety of uses subject to the necessary consents.

2a Queen Street - Tenanted at £1400 pcm
Hall

Lounge/Dining Room

Kitchen

3 bedrooms

Ensuite

Bathroom

2b Queen Street - Tenanted at £1100 pcm
Hall

Lounge/Dining Room

Kitchen

3 bedrooms

Ensuite

Bathroom

Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.

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

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.