Auction Information

Online Auction with a Guide Price of £130,000 to £150,000 (Unless Sold or Withdrawn Prior). Proposed online bidding end on 7th September 2023- bidding opening no later than 1:00pm with proposed bidding to end at 1:30pm. 

Bidding usually opens at least ½ hour before end time.

ALL INTERESTED PARTIES MUST READ AND FOLLOW THE ONLINE AUCTION TERMS & CONDITIONS, LEGAL PACK & ANY ADDENDUM BELOW UNDER OTHER KEY INFORMATION. 

Description

Chance to acquire commercial premises approached in the centre of town.  Entrance located between two buildings (The Cosy Home Company and Saffron Restaurant) that leads to a yard area with the offices and buildings. Offered For Sale due to re-location having previously been occupied by owners D. Parisella & Sons Ltd this opportunity now provides prospective buyers and/or investors the chance to purchase occupy or possibly let.

The property is set out providing:

Main Building (measuring to approximately 12.5m x 9.3m circa 119 m² overall) currently is partly divided providing office and kitchen area that has a small mezzanine store area over in one corner.

Secondary Office (measuring to approximately 2.7m x 2.2m) - Connected to the main building with uPVC double glazed door and window plus an additional office area (measuring to approximately 2.6m x 2.3 m) plus small recess area.

Additional Office Area - Set to the rear of the main building with WC.  In two areas, with the first (measuring to approximately 4.3m x 2.8 m) opening through to a second area (measuring to approximately 6.2m x 2.1m).

Opposite the main building is an additional building which provides a ground floor open plan area (over part of which is a first-floor office approached via steel steps of approximately 4.2m x 3.63m).

Rateable Value - £4,250.00 - We are informed the current Rates Payable 2023/2024 - £2273.00 (Please note that the property may be eligible for Business Rates Relief, however bidders should enquire prior to the auction with the Local Council) 

Please Note that there is currently Planning Permission for “Change of use of existing industrial units to form a brewery and ancillary taproom bar” which was approved in 2023 under application number 0/50123 (further documentation can be found on Conwy Council website).

Note to Customers

All our online auction lots are offered for sale with the required advertising statement, “unless sold or withdrawn prior” although the desire is that all offers should be made once the online bidding has commenced and not before. On the majority of auction lots, the sellers have given instruction that no offers will be considered prior. 

Any offers made BEFORE the bidding opens must be submitted to us in writing and will only be considered if the lot has been viewed and the legal documentation inspected. Our clients typically agree that only pre-auction offers SUBSTANTIALLY above the top guide price figure will be submitted for their consideration.

See Auction terms and special conditions prior to bidding & ADDENDUM BELOW

NOTE: Details may be amended and documents added/changed, bidders need to ensure they check all documents and also check for updates throughout the auction. 

Buyer to pay sellers Estate Agency/Auctioneer Fees and possibly other legal fees (amount to be confirmed in legal pack/special condition). 

Addendum 16/06/2023 - Information regarding Business Rates/Council Tax has been added to listing. 

Addendum 20/06/2023 - Information regarding Planning Permissions has been added to listing. 

Addendum 10/07/2023 - UPDATE TO THE LEGAL PACK- Please see amended “Replies to CPSE”.