This property is no longer on the market
Property
Property description & features
- Tenure: Freehold
- 13/07/2023
- A Vacant Freehold Retail Premises With Potential To Convert The Upper Floors To Residential Uses Subject To Obtaining The Appropriate Planning Permission
- Freehold Vacant possession upon completion.
A Vacant Freehold Retail Premises With Potential To Convert The Upper Floors To Residential Uses Subject To Obtaining The Appropriate Planning Permission
The property comprises a retail unit arranged over ground, basement, first, second and third floors. There is excellent residential conversion opportunities of the upper floors subject to planning.
The premises currently benefit from use Class E of The Town And Country Planning (Use Classes) Order 2020 which include but not limited to shop, caf, restaurant, showroom, medical health and offices uses as well as being suitable for alternative uses subject to planning permission.
Location
The property is prominently located fronting the High Street within the heart of the City Centre within the general vicinity there is a diverse mix of retailers together with bars, restaurants and Cafe's.
Bangor is a historic university city located on the north west coast of Wales near the Mennai Strait and the island of Anglesey, and is approximately 20 miles west of Colwyn Bay.
Energy Performance Rating
D
Tenure
Freehold Vacant possession upon completion.
Value Added Tax
We understand VAT is applicable on this transaction. Full details will be available within the legal pack.
Auctioneer's Note
Please note offers may be considered prior to the Auction Sale.
Viewing Times
Strictly by appointment with the Auctioneers.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information or on the Bond Wolfe’s website.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneer's expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £1,680 inc VAT (£1,400.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe’s website.
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*DISCLAIMER
Property reference 213134. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bond Wolfe Auctions - Birmingham.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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