Online Auction Guide Price £100,000 with suggested opening bid of £90,000 Unless Sold or Withdrawn Prior.
Proposed online bidding to END - Date and Time to Be Confirmed.
Bidding should open soon, usually at least 2 hours before end time...
ALL INTERESTED PARTIES MUST READ AND FOLLOW THE ONLINE AUCTION TERMS & CONDITIONS
Occupying one of the most prominent corner locations on the fringe of the High Street in the University City of Bangor is this three storey unit currently used as offices but suitable for a variety of commercial or residential purposes subject to obtaining the necessary consents. Providing approximately 340 square meters spread out over three floors with kitchen & toilet facilities this commercial unit has the potential of being transformed into one of the main commercial hubs on the high street (subject to the necessary consents).
The property is currently used as a social and business hub with a number of offices’ and multi-purpose meeting rooms and has the benefit of kitchen and bathroom facilities with a very useful passenger lift connecting the ground floor to first and second floor. Occupying a city centre location on the High Street makes the property suited to a number of commercial purposes; the building is located within walking distance of the Town Clock. This part of town has the benefit of restricted on road parking and other parking areas available nearby.
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All our online auction lots are offered for sale with the required advertising statement, “unless sold or withdrawn prior” although the desire is that all offers should be made once the online bidding has commenced and not before.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.
This property may /may not be suitable for mortgage, buyers should make their own enquires and be in a position to proceed, with funds in place before they bid. As required to disclose, Williams & Goodwin The Property People Ltd, through our membership of The Guild of Property Professionals recommend our clients/customers use L&C for Fee Free mortgage advice. Should you decide to use their services L&C will pay us 25% of any payment they receive from lenders and insurers for the services they provide you. We generally refer to local solicitors for conveyancing and do not receive any referral fees for this. We do not refer to L&C for their conveyancer services with property sold through our agency, however if you engage the service of their recommended conveyancer, L&C will pay us £120 including VAT for each completed sale and/or purchase instruction.

See Auction terms and special conditions prior to bidding
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 Fees (amount to be confirmed in legal pack special condition).
5. Searches are provided within the Legal Pack available for inspection by the Purchaser prior to the auction. The Purchaser shall upon Completion reimburse the Seller for the cost of the Local Authority, Water & Drainage and Environmental search fees in the sum of £220.40 such sum to be paid to the Seller’s solicitor upon completion.
6. In addition to the Deposit, the Buyer shall pay on Exchange of Contracts the sum of £2,000.00 plus VAT (£2,400.00) plus £480.00 inclusive of VAT representing the Auctioneer’s Commission and Auction Entry Fee; such sums to be paid to the Auctioneer upon Exchange. This fee is payable in addition to any on-line Buyer’s Administration Fee Charged by the Auctioneer.