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Primo Amore, 33 New Street, Mold CH7 1NY

Lot no: 165 Re-entry to a future auction for £100,000
 

Guide Price £90,000 - £100,000 plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 29th February 2024

10.00am
Key Features
  • Guide Price Range: £90,000 - £100,000
  • Detached Former Italian Restaurant
  • Freehold Two Storey Property
  • Possible Conversion - Subject To All Necessary Planning Permissions
  • Great Location
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Re-entry to a future auction for £100,000

Restaurant

Property Description:


Full of potential and a must see to appreciate what is on offer.

A two storey freehold detached property formerly used as an Italian Restaurant. This property has great potential for a number of uses or a possible conversion, subject to any planning permissions needed.

With plenty of seating to the front and rear of the ground floor with a bar area leading through to the kitchen, preparation area, downstairs WC and access to the rear of the building.

A further spacious seating area to the first floor with additional Bedroom, two WCs and extra storage/barrel room.

Externally the property has parking for two vehicles at the rear.

Occupying a great location just on the fringe of Mold Town Centre where you will find an array of local shops, bars and cafes. There is also a large public car park opposite the building and is situated within a few minutes drive of the A55 expressway that links you through to Chester, Wrexham and the M53/M56 motorways.

Ground Floor Seating and Bar Area
Downstairs Wc
Kitchen and Rear Prep Room
Storage Area
First Floor
First Floor Dining Area
Two WCs
Bedroom
Storage/Barrel Room
Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

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 Variable Fee (England and Wales).

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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers 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 Price

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.
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