Lot 69 - Ivy House, King Edward Street, Barmouth, Gwynedd, LL42 1NY

  • Unconditional Online Auction Sale
  • Guide Price* : £160,000+
  • Bedrooms: 6

Lot 69 - Residential/commercial for Owner Occupier/Investment

Description

ONLINE AUCTION from 11th MARCH-13th MARCH 2025

Situated over four floors this imposing mid terraced house with period features in a central coastal resort location has a commercial licence for the ground floor (previously a barber's shop) and is currently a family home.

Planning permission was applied for 3 years ago to return the ground floor to residential accommodation though it is currently used as storage area. With sea views from the upper floors the property provides three ground floor rooms (shop premises), with residential accommodation including entrance hall, sitting room, kitchen, utility/hobby room, six bedrooms and bathroom.

The property was previously run as B & B with shop premises to the ground floor, due to the tourism in the area this could be a viable proposition for investors. There is also potential to convert into 4 flats subject to the necessary planning consents. Rear patio garden. The property is to be sold with vacant possession.

Barmouth is known as the town where 'the mountains meet the sea'. It is a thriving seaside town with breath taking views on the north west coast of Wales looking out onto Cardigan Bay on the edge of the Snowdonia National Park. There is a busy town centre with shops. restaurants and supermarkets. Excellent outdoor pursuits include walking. cycling, paddle-boarding kayaking along the coast and its golden sand beaches. Train links via the towns railway station to coastal areas and directly through to Birmingham and beyond.

Accommodation

Ground Floor-Shop: Hallway with 3 rooms currently arranged as front shop, former barbers shop, shop store room
First Floor-Residential: Entrance hall, sitting room, kitchen, utility/hobby room with external staircase
Second Floor: 3 bedrooms, bathroom
Third Floor: 3 bedrooms
Outside: Rear patio garden

Tenancies

To be sold with vacant possession

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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