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£160,000

Queen Street, Withernsea, HU19

  • 3 beds
House

£160,000

  • 3 beds
House
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Estimate monthly mortgage payment:

£730 per month

Minimum deposit amount:

£8,000
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CURRENT BUSINESS NOT AFFECTED. Here is an exciting opportunity to acquire a versatile freehold mixed use property boasting impressive retail space on the ground floor and a luxurious three-bedroom duplex apartment spanning the first and second levels.  Immaculately presented across three floors, this mixed-use premises is an excellent investment prospect likely to attract a diverse range of potential buyers. The building is estimated to have potential to generate an income in the region of £20,000 pa.  The current owner has undertaken a comprehensive transformation, elevating the property to a standard of exceptional quality and appeal. The ground floor features a spacious 29-foot showroom located in  the hub of town, complemented by two sizable display rooms and a versatile storage area, along with a conveniently situated WC.

Accessed via a private external staircase, the fully self-contained three-bedroom, two-bathroom duplex apartment have undergone a stunning refurbishment. The layout comprises a generously sized sitting room, an impressive kitchen, a bedroom with an accompanying dressing room, and a luxuriously appointed bathroom – all accessible from a central hallway. Ascending to the second floor reveals two additional double bedrooms, one of which boasts the added luxury of an en-suite shower room, while the other features its own dedicated dressing room. Externally, at the rear of the property, residents will find a courtyard area alongside a designated parking space.

Location

Occupying a busy trading position in the heart of the town centre, close to the junction with Seaside Road, amongst nearby multiples such as Boots, Post Office, Aldi, McColls, Cooplands, Coral, Heron Foods and Lloyds Bank as well as a variety of local traders.  The coastal town of Withernsea is a popular tourist destination lying approx. 24 miles east of Hull and enjoying good road access via the A1033. 

Accommodation

Retail Unit 

Ground Floor 

Show Room  8.94m x 5.61m (29' 4" x 18' 5")
A large ground floor retail unit facing Withernsea's main High Street, this space is flooded with natural light from smart double-glazed windows and a front entrance door. Leading through to the:

Display Room 3.78m x 3.35m (12' 5" x 11' 0")
Accessible from the showroom, this versatile space offers ample room for displays and arrangements. It also provides access to a second display room.

Display Room 5.33m x 3.35m (17' 6" x 11' 0")
Another spacious and versatile are that can be tailored to meet individual needs. Door leading outside.

Store Room 4.2m x 3.35m (13' 9" x 11' 0")
Again spacious and versatile.

WC 
Conveniently located and modernly appointed with a contemporary suite, the cloakroom adds functionality to the space.
163a Queen Street 
A self-contained, modernised, spacious duplex apartment accessed via its own private external staircase.

First Floor 

Sitting Room 5.61m x 3.35m (18' 5" x 11' 0")
Abundant in natural light, the sitting room features a double-glazed window overlooking Queen Street.

Inner Hallway 
The central space provides access to each room on this level, with a staircase leading to the second floor.

Kitchen 3.84m x 3.53m (12' 7" x 11' 7")
Recently transformed, the kitchen boasts a sleek, modern design with white high-gloss cabinets, laminate work surfaces, and ceramic tile backsplashes. Equipped with a four-ring hob, built-in oven, and contemporary extractor hood. Double-glazed window and entrance door leading in from the external staircase.

Bedroom 3.8m x 2.6m (12' 6" x 8' 6")
Naturally lit with a rear-facing double-glazed window, the bedroom includes a door leading to the dedicated en-suite dressing room.

Dressing Room 3.25m x 1.88m (10' 8" x 6' 2")
The dressing room offers ample hanging space and storage drawers.

Bathroom 
Beautifully appointed with a contemporary three-piece suite, including a generous walk-in shower enclosure, washbasin set within a vanity cabinet, and low-flush WC. Additional features include fitted storage cupboards, inset spotlights, and a heated towel rail.

Second Floor 

Landing 
A central landing area with doors leading to two further double bedrooms.

Bedroom 3.94m x 2.54m (12' 11" x 8' 4")
Featuring a rear-facing double-glazed window and access to the en-suite shower room, this bedroom offers comfort and convenience.

En-Suite 
Recently transformed, the en-suite features a luxurious three-piece suite, including a spacious walk-in shower enclosure, washbasin set within a vanity cabinet, and low-flush WC.

Dressing Room 
Equipped with fitted storage provisions, the dressing room adds functionality to the bedroom space.

Bedroom 4.1m x 3.35m (13' 5" x 11' 0")
With a front-facing double-glazed window, this bedroom includes access to the dressing room.

Outside Rear Courtyard/Parking 
The building includes a courtyard area with a designated parking space.

Services:  Mains water and electricity.  Propane gas central heating.  Private drainage system.  Exterior security lighting.  

Council Tax:  Council tax is payable to the East Riding of Yorkshire Council.  The property is shown in the Council Tax Property Bandings List in Valuation Band B (verbal enquiry only).

Tenure:  Freehold.  The vendor currently occupies the shop but will be vacating.  The flat is occupied at the time of marketing commencing but will also be vacant upon completion.

Joint Agents

Reeds Rains, 508 Holderness Road, Hull, HU9 3DS  Tel: 01482 709980

VIEWINGS

Strictly by appointment with the Auctioneers on 0845 400 9900 or the joint agents 01482 709980

Solicitors:  Sandersons Solicitors - FTAO David Macnamara

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 22nd July 2024 and closing on Wednesday 24th July at 1.00pm. To register to bid and further legal information relating to this lot please go to auctionhouse.co.uk/hullandeastyorkshire.

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.

Additional Fees

The purchaser will be required to pay an administration charge of £1,200 (£1,000 plus VAT) and a buyer’s premium of £1,800 (£1,500 plus VAT) in addition to the purchase price of the property.

Guide Price

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.

Disbursements

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

Online bidding

If you want to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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