Mixed Use
A three storey town centre premises comprising two independent ground floor retail units with office and living accommodation on the first and second floors accessed via 46 Abergele Road. Located on a main route through Colwyn Bay Town Centre the property is surrounded by a number of independent and national businesses including a number of food outlets. Offered with vacant possession both shops offer a retail area with W.C. facilities with two offices, kitchen and further W.C. facilities and a two bedroom flat above. We understand the building has been offered for let recently at £20,000 per annum.
Retail Area
Storage
W.C.
Office
Office
Kitchen
W.C.
Kitchen
Living Room
Bedroom
En-suite(to be completed)
Bedroom
Bathroom
Retail Area
W.C. / storage area
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.
