Restaurant in Castleford

Palm Court Restaurant (Formerly Briggs Memorial Hall) , Whitwood Lane, Castleford WF10 5QD
  • Lot No: 47
  • Property Type: Restaurant
  • Contract Type: Unconditional with Variable Fee

Guide Price* £120,000+ plus fees

Result Sold at Auction £130,000

Property Description

A freehold former restaurant and Briggs Memorial Hall located along Whitwood Lane in Castleford offered with vacant possession upon completion. The building is well known and respected within the local area owing to its character, history and unique design. The building has been most recently used as a very popular restaurant and we feel that it would lend itself well to a variety of alternate uses such as an architects studio, a community centre, nursery or a bespoke residential dwelling. This is subject to planning approval. The building comprises - Central entrance to the front with period windows leading to the main hall extending to approximately 1,410 sq.ft and benefits from high ceilings with ornate detailing. To the rear of the property are male and female WCs along with a commercial kitchen with extraction extending to approximately 127 sq.ft. Externally there is parking to the front of the property. Interested parties are advised to inspect the legal pack form more information.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.