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Land and Buildings on the North West Side of Union Lane, Selby, North Yorkshire, YO8 4AX
Guide Price* : £30,000 plus
Freehold Retail Investment
Upon Instructions of
Joint Administrators
- On Behalf of the Joint Administrators
- Freehold Retail Investment
- Producing £4,500 Per Annum
- Internal Accommodation Approximately 29.80 sq m (320 sq ft) NIA
- On a Site of Approximately 0.011 Hectares (0.027 Acres)
Description
The subject property is a single storey rectangular building on a triangular shaped site.
The building is of brick construction externally rendered with showroom windows to the front elevation. The building has a lean-to roof supported of timber and clad with felt.
The interior has painted plaster walls and ceilings with exposed timber beams with spot lights.
There is a kitchenette with fitted units and stainless steel sink and separate staff WC with wash hand basin. The property extends to approximately 29.80 sq m (320 sq ft) NIA.
The concrete yard/parking area provides spaces for 2/3 vehicles. The property sits on a site of approximately 0.011 hectares (0.027 acres).
Location
The subject property is located to the western side of Union Lane approximately 250m to the north east of the Junction with the A19 Trunk Road which runs between York approximately 14 miles to the north and Doncaster 21 miles to the south. Union Lane ruins in a loop to the east of the A19 and is in a mainly residential area approximately 450m to the south west of Selby town centre.
Selby, which has a population of 19,760 (2021 Census), is on the River Ouse and was developed as an inland port.
Tenure
The property is held Freehold under Title Number NYK149006.
Tenancy
We understand the property is occupied by Mindful Memorials Ltd on a lease dated 8 June 2023 expiring on 8 March 2028 at a rent of £4,500 per annum.
Planning Authority
North Yorkshire Council - www.northyorks.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
No EPC required as less than 50 sq m (538 sq ft).
Contact
Vendor's solicitor
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Office Contact
Vendor
Vendors Solicitor
Agreement Documents
Additional Documents
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton January 2025
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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