Lot 64 - 201 High Street, Bangor, Gwynedd, LL57 1NU

  • Unconditional Online Auction Sale
  • Guide Price* : £45,000+

Addendum

Sold Prior

Lot 64 - Freehold Mix Use property for development

Description

ONLINE AUCTION from 30th AUGUST-1st SEPTEMBER

A substantial grade II listed building situated in the bustling high street in Bangor. The property requires full refurbishment and improvements but would be ideal for conversion of the upper floors to one large dwelling or two flats (subject to neccessary planning consents).

Bangor is a vibrant university town with a wide range of amenities and shops and restaurants and pubs. The town is also ideal for access to the north wales expressway (A55) and has a railway station.

We are informed that there may be a possibility of Welsh Government or Local authority funding under the empty homes or Houses into home schemes. All enquiries should be made with the relevant authority.

Accommodation

Please note, no internal inspection has taken place on the property however we are informed it comprises:
Ground Floor: Retail sales area
First Floor: Former living accommodation
Second Floor: Former living accommodation

Tenancies

To be sold with vacant possession

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 1.2% of the purchase price (subject to a minimum of £975) 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. 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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Paul Fosh Auctions
01633 254044

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