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£550,000

Market Place, Driffield, YO25

  • 22 beds
Detached house

£550,000

  • 22 beds
Detached house
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Estimate monthly mortgage payment:

£2,511 per month

Minimum deposit amount:

£27,500
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*** Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid ?550,000 ***

A FABULOUS OPPORTUNITY TO ACQUIRE A SUCCESSFULLY OPERATING HOTEL AND SPA AT THE VERY HEART OF DRIFFIELD'S TOWN CENTRE!

The 'Best Western' Bell Hotel is a Grade II Listed Victorian hotel situated prominently on Market Place, at the centre of Driffield, near Beverley. With a traditionally styled interior, in keeping with the building's rich history and quaint market town location, the hotel provides a selection of 22 En-suite Guest Bedrooms, including a number of Suites, with a wonderfully atmospheric oak panelled Restaurant and Bar, Snooker Room, Board Room and Function Rooms. A range of leisure facilities are offered in the attached Spa, including a Swimming Pool, Sauna, Jacuzzi Room, 'Super Spa', well equipped 'Nautilus' Gym, various Relaxation Rooms and Treatment Rooms, all available to guests and members alike.

The Business

The hotel offers facilities for guests and the general public, making use of the restaurant and bar, together with various function rooms, meeting room and the leisure facilities. There is on-site guest parking accessed off Exchange Street.

Guest Rooms

A selection of rooms are available, individually styled and furnished, including three duplex suites and three ground floor wheelchair-friendly en-suite double rooms. There are eleven en-suite double or twin rooms, and two suites (Bedroom, Sitting Room, Bathroom) to the first floor with two further suites to the second floor.

Facilities

Open to both guests and the public, the property offers a generous Bar and two separate Dining Rooms, served by the ground floor Kitchen, with various Lobby spaces and an excellent provision of washrooms. Meetings can be held in the panelled Boardroom and there are two large Function Rooms, each with their own Bar facilities and a first floor Kitchen. A basement room houses a full size snooker table.

Spa and Gym

Situated at the back of the Hotel, the on-site spa facilities are open to guests, as well as paid up members. There are a number of individual relaxation and treatment rooms, with a range of washroom and changing facilities. The 'Wetside' provides a swimming pool, jacuzzi, sauna and steam rooms, with a separate 'super spa'. To the first floor is a spacious and very well equipped gym.

Location

Driffield is a small market town in the East Riding of Yorkshire, known as 'The Capital of The Wolds' due to it's central location within the beautiful Yorkshire Wolds countryside. A popular destination for visitors, with scenic walks and cycling routes aplenty, together with an excellent range of amenities and convenient transport links by road and rail. The coastal town of Bridlington lies approximately 12 miles by road to the East, with the market town of Beverley 13 miles, and the city of Hull some 16 miles to the South.

Auctioneers Comment

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under 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 Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. 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 of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. 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. Auctioneers Additional CommentsIn 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 equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. 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 necessary or beneficial to the customer to pass their 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.

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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£6,250
Mortgage and legal costs:
£999
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