Retail premises for sale in Old Natwest Bank, Adj Land, 2A & 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

Development Opportunity plus tenanted apartments

Town centre development land with lapsed planning permission for 2 x 4 bedroom town houses with road frontage and a 3 bedroom detached house to the rear. Planning ref: Sl/2018/0571 and sl/2018/0572.

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.

Land adj to Old Natwest Bank
Town centre development land with lapsed planning permission for 2 x 4 bedroom town houses with road frontage and a 3 bedroom detached house to the rear. Planning ref: Sl/2018/0571 and sl/2018/0572.

Old Natwest Bank, 2a & 2b Queen Street
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.

Important Information
Lot 17 & Lot 18, will be offered initially as two separate lots and then as one combined lot.

This is done by offering the separate lots as private auction lots which allows me to park the highest bids then offer the combined lot.

Subject to the reserve being met if the bid for the combined lot is equal or in excess of the individual lots, it will be sold to that bidder.

Or if the total of the bids on the individual lots are the highest they will be sold in that way.

Viewings
09 May 2024 15:00-15:45
18 May 2024 11:30-12:00
22 May 2024 15:00-15:30
29 May 2024 11:30-12:00

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.