Commercial unit in N Wales coastal town
Pen-Y-Bont Yard, Abergele, LL22 7HA
- 3
Key features
Guide Price: *
£180,000
Fees apply
Buyer's fee:£3,960
Admin fee:£2,400
All fees include VAT at 20%
Holding Deposit: *£1,040
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Start price:
£180,000Bid history
0 bids** For sale by Online Auction, (subject to sale prior, reserve and conditions) **
The Property comprises a single storey commercial unit that has been converted into a small business centre, providing seven individual office rooms, together with stores and yard within a site of 0.44 acres (0.18 hectares).
Internally there is vestibule entrance to the Property with coded entrance door which leads into a central hallway from which there is access to seven individual office units together with a shared accessible WC, kitchen and WC. There is also a stores workshop at the rear of the building. The accommodation has been recently refurbished and units comprise of painted plaster walls, carpeted floors and suspended ceilings with LED lighting. Heating is provided via wall mounted radiators.
Externally there is a parking area to the front of the Property approached via an enclosed archway from Bridge Street and an enclosed yard to the rear which is fenced with vehicular gate.
The Property is part income producing with three tenancies in place with an aggregate passing rental of £21,900 per annum. Further information is available on page 4 of the marketing brochure.
The Property is situated in Abergele on Bridge Street, which, together with its continuation Market Street, comprises one of the main routes through the town.
The A55 North Wales Expressway, which is the main arterial route across North Wales, is approximately 0.3 miles from the Property and provides access to Holyhead to the West and Chester to the East. Abergele & Pensarn railway station is situated approximately 0.7 miles to the north and there are direct services to Chester, Crewe and Manchester Piccadilly.
Important Notices
This property is available for sale by online auction. Interested buyers will need to register in advance and complete an ID verification before being able to place a bid. There is no charge for registering. Buyers should allow sufficient time to complete this process before the time period expires. Full details can be found on Fisher German’s online auction page www.fishergerman.co.uk/current-auctions
Price
See auction listing. For sale by online auction (subject to sale prior, reserve and conditions).
Conditions of Sale
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online auction page. Each buyer shall be deemed to have notice of each condition and all the terms thereof and to bid on those terms whether they shall have inspected the said conditions or not.
Completion
Completion will take place 20 working days after exchange of contracts, unless otherwise varied and specified in the legal pack.
Legal Pack
A legal pack and any special conditions will be available on Fisher German’s online auction page and interested parties will need to register before accessing the legal documents. It is the responsibility of a prospective buyer to make all necessary enquiries prior to the auction.
Fees
The purchase of this property is subject to a combined buyer and admin fee of £6,360 including VAT as stated on the auction listing. These fees will be automatically collected at the end of the auction from the registered payment card.
Tenure
Freehold (Title Number CYM 52806).
Business Rates
Occupiers / tenants will be responsible for paying Business Rates direct to the local authority. Further details of costs on page 4 of the sale brochure.
Services
We confirm we have not tested any of the service installations and any buyer must satisfy themselves as to the state and condition of such items.
EPC
The EPC rating is D (87).
Searches
Searches have not been provided. Please see Legal Pack for further information.
Fixtures & Fittings
Any fixtures and fittings not expressly mentioned within these particulars are excluded from the sale.
Anti Money Laundering
The successful buyer will be required to submit information to comply with Anti Money Laundering Regulations.
VAT
To be confirmed.
The winning buyer must pay £7,400 inc VAT automatically at the end of the auction of which:
£3,960 incl Vat is the buyer fee
£2,400 incl Vat is admin fee
£1,040 is the deposit contribution
Summary
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- N/A
Summary
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- N/A
This property is being sold by:
Manchester
01618 395515
Centurion House 129 Deansgate Manchester M3 3WR
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Fisher German Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Fisher German Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.