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No longer on the market

This property is no longer on the market

2023-09-21  14-45-02 c2526825 052c 4bbd bdca 8a32c
2023-09-21  14-44-58 f9699ba4 0b34 4eff b55e a0dc1
2023-09-21  14-45-00 f9b75f06 df82 4913 bfa9 cfc60
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Land

Auction
Land
Added > 14 days

Key information

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EEO2ThreeVodafone

Features and description

  • By order of the Joint LPA Receivers
  • The property comprises a substantial former hotel and public house
  • Located on a 0.24 acre (971 sq m) site
  • Development opportunity
  • Vacant possession
  • BLOCK VIEWING FRIDAY 13th OCTOBER at 11am
  • Online Auction on Thursday, 19 October 2023

The building is three storeys with a basement wine cellar. It surrounds an internal yard area and has a single storey extension to its western elevation. The property is reported to have housed a public bar area, dinning room, kitchen and garage to the ground floor. 5 lettable rooms and a two-bed owners accommodation apartment were positioned to the upper floors.

The property is now vacant and has been stripped back to a shell condition. We have been informed that a new roof was recently added. Externally the property has a tarmac carpark directly accessible of the A174 which provides c.12 parking spaces. This property has a gross internal area of 5,414 sq ft (503 sq m) - source VOA.


Location:

The property is located in Loftus, a rural market town positioned approximately 5 miles east of Saltburn-by-the-Sea, just north of the North York Moors National Park. It is positioned on a prominent corner pitch off the A174 (Whitby Road), the main costal route connecting Whitby, Saltburn-by-the-Sea, Redcar and Middlesborough. The property is walking distance from Loftus’s centre, which provides an assortment of restaurant, bars and local retailers.

It's localted in a mainly residential area, made up of a mix of terrace and semi-detached housing. The property is located on the south side of Whitby Road on its junction with Tees Street.


Online Auction on Thursday, 19 October 2023. For further information, such as legal documents and property information, please visit bidx1.com.
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About this agent

BidX1 - Nationwide Auctions
BidX1 - Nationwide Auctions
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
Full profileProperty listings
BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 20,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £4 billion worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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