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20 Market Street, Abergele, Clwyd LL22 7AA

Lot no: 4 Sold at Auction for £104,500
 

Guide Price £75,000 - £95,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 26th September 2018

11.30am
Key Features
An ideal investment property in prime location in the busy market town of Abergele.
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Sold at Auction for £104,500

Mixed Use

Property Description:

This is a retail outlet with two-storey flat over, in a prime high street location in the centre of the market town of Abergele. The shop frontage is 16’10” with a main retail space of approximately 570 sq ft, and additional office space, kitchen area and WC. Excellent off-road parking to the rear for several vehicles.

The two-storey flat above the retail space has been modernised and has UPVC double glazing and gas central heating. Rear external space with off-road parking shared with retail space.

Easy access to bus services as well as road and railway networks.

Retail space

5.13m x 7.67 m

Shop front

4.88m. Large aluminium framed glazed shop front with door. Mezzanine ceiling. Recessed lighting. Wall mounted air conditioning/heater unit.

Office

2.44m x 4.01m Shelving and workshop space

Kitchen

2.39m max x 3.99m max. A range of base units with sit on stainless sink top. Sadia hot water heater, part tiled walls and fully tiled floor. Timber framed glazed window. Access to rear parking.

Separate WC

Low level WC. Extractor fan. Tiled floor

Residential Accommodation

Accessed via external rear door, over two floors.

First Floor

Rear porch leading to entrance hall with radiator and stairs to first floor.

Lounge /diner 5.33m max x 4.62m max.
UPVC double glazed windows.

Kitchen 4.45m max x 3.35m max.
Modern fitted kitchen with space for white goods.
Part-tile walls, Ideal combination boiler.

Bathroom 1.42m x 2.74m.
Bath with shower attachment, pedestal wash basin, low-level wc.

Landing with stairs to second floor.

Second Floor

Bedroom One
2.79m x 4.55m.

Bedroom Two
3.18m x 2.39m.

Outside

Excellent off-road parking to the rear for several vehicles.

Tenure:

Freehold. Vacant possession upon completion.


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.