No longer on the market
This property is no longer on the market
Map5 bedroom apartment
Auction
Apartment
5 beds
807
EPC rating: G
Key information
Features and description
- Freehold
Guide Price £150,000 * Plus 5% Buyers Premium + VAT
For sale by unconditional online auction, registration is now open. Bidding opens on 25/07/2024 17:30 and ends on 25/07/2024 19:10.
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
. Occupied Retail Accommodation Plus Two Vacant Large Apartments
. Potential For Significant Rental Income
. Prominent Town Centre Location
. Registered House In Multiple Occupation
. VAT Applicable To Sale
This substantial three storey property is located within Colwyn Bay town centre and within 5 minutes walk of the seafront. The A55 expressway is easily accessible, providing access to all surrounding areas on North Wales.
The ground floor is currently occupied as a Cafe under a 15 Year Lease from 26 February 2015 on Tenant's Internal Repairing and Insuring Terms at A Rent of £8000 Per Annum Exclusive. There is Provision For The Rent To Be Reviewed At the End Of Every Third Year Of The Term And For A Contribution Towards Communal Repairs And Maintenance By Way Of A Service Charge.
The Two Apartments Are Currently Vacant. Both benefit from central heating systems and fitted kitchens and are accessed off a communal staircase which benefits from a fire alarm system and emergency lighting.
ACCOMMODATION
Ground Floor 106.23 sq.m (1144 sq.ft.)
Basement 23.11 sq.m. (249 sq.ft.)
W.C's
Apartment 1
Entrance hallway. Wall mounted boiler
Kitchen - Wall and base units with built in electric oven and hob and extractor.Single drainer sink unit. Vinyl floor. Radiator
Lounge area - Bay window. Radiator
Bedroom 1 - Bay window. Radiator
Bedroom 2 - Window to rear. Radiator
Bathroom - Shower, wash hand basin, wc, heated towel rail, window to rear.
Apartment 2
Entrance hallway - Wall mounted boiler. Radiator
Lounge/Kitchen - Part laminate/part tiled floor. Bay windows to front and side, with part sea view. Radiator. Fitted wall and base units to kitchen area incorporating integral electric oven and hob, extractor hood and single drainer sink.
Bedroom 1 - Window to front. Radiator. Walk in cupboard
Bedroom 2 - Windows to front and side. Radiator
Bedroom 3 - Window to front. Radiator.
Bathroom - Bath with shower over. WC, Wash hand basin, Heated Towel Rail.
THIS SALE WILL BE SUBJECT TO VAT AT THE APPROPRIATE RATE
Tenure
Freehold
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. 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.
For sale by unconditional online auction, registration is now open. Bidding opens on 25/07/2024 17:30 and ends on 25/07/2024 19:10.
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
. Occupied Retail Accommodation Plus Two Vacant Large Apartments
. Potential For Significant Rental Income
. Prominent Town Centre Location
. Registered House In Multiple Occupation
. VAT Applicable To Sale
This substantial three storey property is located within Colwyn Bay town centre and within 5 minutes walk of the seafront. The A55 expressway is easily accessible, providing access to all surrounding areas on North Wales.
The ground floor is currently occupied as a Cafe under a 15 Year Lease from 26 February 2015 on Tenant's Internal Repairing and Insuring Terms at A Rent of £8000 Per Annum Exclusive. There is Provision For The Rent To Be Reviewed At the End Of Every Third Year Of The Term And For A Contribution Towards Communal Repairs And Maintenance By Way Of A Service Charge.
The Two Apartments Are Currently Vacant. Both benefit from central heating systems and fitted kitchens and are accessed off a communal staircase which benefits from a fire alarm system and emergency lighting.
ACCOMMODATION
Ground Floor 106.23 sq.m (1144 sq.ft.)
Basement 23.11 sq.m. (249 sq.ft.)
W.C's
Apartment 1
Entrance hallway. Wall mounted boiler
Kitchen - Wall and base units with built in electric oven and hob and extractor.Single drainer sink unit. Vinyl floor. Radiator
Lounge area - Bay window. Radiator
Bedroom 1 - Bay window. Radiator
Bedroom 2 - Window to rear. Radiator
Bathroom - Shower, wash hand basin, wc, heated towel rail, window to rear.
Apartment 2
Entrance hallway - Wall mounted boiler. Radiator
Lounge/Kitchen - Part laminate/part tiled floor. Bay windows to front and side, with part sea view. Radiator. Fitted wall and base units to kitchen area incorporating integral electric oven and hob, extractor hood and single drainer sink.
Bedroom 1 - Window to front. Radiator. Walk in cupboard
Bedroom 2 - Windows to front and side. Radiator
Bedroom 3 - Window to front. Radiator.
Bathroom - Bath with shower over. WC, Wash hand basin, Heated Towel Rail.
THIS SALE WILL BE SUBJECT TO VAT AT THE APPROPRIATE RATE
Tenure
Freehold
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. 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.
About this agent
Town & Country Property Auctions - North Wales, Mid Wales, Oswestry, Chester
Regus House, Herons Way,
Chester, Cheshire,
CH4 9QR
01244 988286Town & Country can trace their history back to the early building societies of the nineteenth century, and more latterly the Town & Country Building Society which was formed in 1974. Town & Country Estate Agents formed in 1991 gaining immediate success with a model putting customer service to the forefront. Following expansion over North Wales, North-West and Shropshire, estate agency headquarters were established in Chester City Centre in 2007. 2010 saw the establishment of Town & Country Property Auctions with expansion into the UK, Ireland and overseas in 2018. The continued growth of TCPA nationwide has facilitated a move to new prestigious premises at Regus House, Chester followed by the development of a new digital marketplace for property auctions, with the goal of providing an easy to use, transparent platform for auction buyers and sellers in the modern age.