Property Auction House and RICS Registered Valuer

Next Auction:
12/12/2024

Current Lots
Regulated by RICS
CLEARED DEVELOPMENT SITE WITH PLANNING FOR 74 ROOM NURSING HOME

Lot 16

Former Anchor Inn, Southcoates Lane, Hull HU9 3TR

Photo of Former Anchor Inn, Southcoates Lane, Hull HU9 3TR
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CLEARED DEVELOPMENT SITE WITH PLANNING FOR 74 ROOM NURSING HOME

Lot 16

This interesting development opportunity occupies an area of approx 1.1285 acres (0.4567 hectares) and was previously a site for a public house. We understand that the site has been cleared and is ready to build. The site has planning granted for a three storey care home scheme consisting of a 62 bedroom nursing home and 12 bedroom young physicallydisabled unit with associated parking and landscaping. We are given to understand that an application is currently being considered to increase the total number of rooms to 80. The scheme is subject to a section 106 agreement and the site is being sold with the benefit of vacant possession. Details of planning and drawings are available for inspection at the offices of the Auctioneers and it should be noted that VAT is applicable to the purchase of this lot.

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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) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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