Mixed Use
The property is of traditional two story red brick construction, under a pitched roof and comprises an established retail unit,currently used as a fishing tackle outlet at ground floor level with accompanying basement storage.
The property also benefits from residential accommodation with separate access from Ruthin Road with communal sitting room, plus a kitchen/diner to the ground floor, progressing to 4 bedrooms each capable of separate occupation. Shower room/W.c also enclosed on the first floor. To the rear is a self contained Yard and also a W.c
Retail Unit (Exclu basement) 332 SqFt / 30.82 SqM
Residential Property
Sitting Room 200 SqFt / 18.55Sqm
Kitchen/Diner 190SqFt / 17.66Sqm
Bedroom 1 123SqFt / 11.46Sqm
Bedroom 2 191SqFt / 17.71Sqm
Bedroom 3 137SqFt / 12.69Sqm
Bedroom 4 119SqFt / 11.05Sqm
The property occupies a prominent corner plot, being at the road intersection of Ruabon Road and Ruthin Road to the fringe of Wrexham, sitting within an established mixed residential/ commercial area with on street parking nearby.
We understand the property has consent for its established use, and a HMO licence is currently in place expiring in January 2018. The property may lend itself to conversion as a whole for residential purposes, subject to the necessary consents. Any planning enquires should be directed to the local planning authority, Wrexham County Borough Council.
We understand that the property is freehold, subject to informal (verbal) tenancy agreements both for the Retail unit producing £135 per week (including electricity), and also two bedrooms in the property, separately let at £105 per bedroom/per week (including bills), with further scope for the two remaining bedrooms.
Freehold. Subject to tenancy.
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 Fixed Fee.
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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
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
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.
