Commercial Development in LS24

Bridge Street, Tadcaster, North Yorkshire, LS24 9AH

Brochure

Tenure: Freehold

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Current bid£170,000Starting Bid £180,000

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Property features

Use Class E: Multiple Uses Considered
Freehold Property
Building consists of: Basement, ground floor and three upper floors
Potential Re-development Opportunity (STP)

Commercial Development in LS24

Being sold via Only Auction, Terms and Conditions Apply.

The subject property has been formed from three adjacent buildings that have been internally connected and constructed at differing times. Together, the properties occupy the corner plot at the intersection of the High Street, Bridge Street and Kirkgate Street in the centre of Tadcaster.

The north and east blocks, attached to the main building at either side, benefit from Georgian and Victorian detailing thus the buildings are estimated to be mid to late 19th and early 20th Century’s respectively. With its mixed-use occupancy in recent times the ground floor is laid out primarily for retail uses, having previously been operated by Natwest. The Bank turned the basement into a vault and storage area. The first, second and third floors of the properties have been used as offices and ancillary uses.

The town has an approximate population of 6,335 (2021 Census) and is a traditional market town and civil parish in the Selby District, just 12 miles (19.31 km) north east of Leeds and 10 miles (16.1 km) south west of York. Lending itself to a residential redevelopment or mixed-use scheme, it is worth noting that the average house price in Tadcaster is £180,000 with the majority of house sales being within the £270,000 and £214,000 range. Prices have increased by 17.63% in the last 5 years.

Tadcaster primarily relies upon private transport vehicles as it does not benefit from a train station, however, it enjoys bus services to York within approx. 32 minutes minutes .and Leeds within approx. 50 minutes with changes. The bus stop for both journeys is just 50m from the subject property.

Viewing Highly Recommended

EPC - Rating D
Tenure - Freehold

Description

The north and east blocks, attached to the main building at either side, benefit from Georgian and Victorian detailing thus the buildings are estimated to be mid to late 19th and early 20th Century’s respectively. With its mixed-use occupancy in recent times the ground floor is laid out primarily for retail uses, having previously been operated by Natwest. The Bank turned the basement into a vault and storage area. The first, second and third floors of the properties have been used as offices and ancillary uses.

Location

Bridge Street and Kirkgate Street in the centre of Tadcaster.

EPC

Rating D

Tenure

Freehold - Title number NYK192610

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Open map Street view

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

Please log in to view and download the legal pack files.

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