Residential Portfolio in YO14
Union Street, Filey, Filey, North Yorkshire, YO14 9DZ
Online auction
- Local Pub & Two Flats
- Tenants in SItu
- Freehold
- Great location
- Annual rental income £22,400 per annum
Residential Portfolio in YO14
For sale via secure sale online bidding - terms and conditions apply.
We are delighted to offer this FREEHOLD block containing one local pub, The Cobblers Arms, on the ground floor with bar, seating space to the rear and garden area, upstairs you have two separate self contained apartments, one three bedroom maisonette & another one bedroom apartment, both with tenants in situ and in a great location in the town centre with access to all local amenities.
The Cobblers Arms consists of lounge area with welcoming wood panelled seating, main bar through to cosy snug with access into the good sized beer garden, keg room and large store room.
Flat 1 consists of communal stairs to first floor entrance into spacious lounge area with large box bay window, fireplace and large modern storage heater which is open to the kitchen area with a range of wall and floor fitted beech effect units, plumbed for a washing machine and space for a tall fridge/freezer, up to the three bedrooms, one large double bedroom with large box bay window, two further bedrooms and modern family bathroom with white suite, and bath with shower over. all with electric heating and double glazing.
Flat 2 consists of first floor entrance into rear facing lounge, with large storage heater open to shaker style white fitted kitchen area and room for tall fridge/freezer, double bedroom with ample room for study area, bathroom with white suite and bath with shower over all with electric heating and double glazing
Please note we have not inspected this property.
Summary
- Property Type: Residential Portfolio
- Tenure: Freehold
- Parking: None
Location
Great location in the town centre with access to all local amenities.
Accommodation
The Cobblers Arms consists of lounge area with welcoming wood panelled seating, main bar through to cosy snug with access into the good sized beer garden, keg room and large store room.
Flat 1 consists of communal stairs to first floor entrance into spacious lounge area with large box bay window, fireplace and large modern storage heater which is open to the kitchen area with a range of wall and floor fitted beech effect units, plumbed for a washing machine and space for a tall fridge/freezer, up to the three bedrooms, one large double bedroom with large box bay window, two further bedrooms and modern family bathroom with white suite, and bath with shower over. all with electric heating and double glazing.
Flat 2 consists of first floor entrance into rear facing lounge, with large storage heater open to shaker style white fitted kitchen area and room for tall fridge/freezer, double bedroom with ample room for study area, bathroom with white suite and bath with shower over all with electric heating and double glazing
Tenure
Freehold. Title numbers NYK415581 & NYK254333
Rateable Value
Current rateable value (1 April 2023 to present)
£7,100
This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.
Sourced from VOA
EPC
Available upon request.
Cobblers Arms - Rating B
Flat 1- Rating E
Flat 2 - Rating E
Council Tax
Flat 1 - Band A
Flat 2 - Band A
Additional Information
For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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