Auction House / Wales

  • For Sale By Unconditional Online Auction
  • Guide Price* : £550,000
  • Auction Ended 07/11/2023

60 Deiniol Road, Bangor, Gwynedd, LL57 1AA

For Sale via National Online Auction. Register to Bid!

Description

FOR SALE VIA ONLINE AUCTION ON MONDAY 6th NOVEMBER AT 1PM TO TUESDAY 7th NOVEMBER 1PM. Auction House Wales is proud to present to Auction a truly iconic and unique period building which was once the main Counters District Office for Royal Mail of North Wales and most recently converted into a nightclub, which is now ready for its next project.

Auction House North Wales is proud to present to Auction a iconic and truly unique period building which was once the main Counters District Office for Royal Mail of North Wales and most recently converted into a nightclub, which is now ready for its next project.

The building is located on Deiniol Road, right in the heart of the rapidly changing city of Bangor, just a five minute walk to the train station and a two minute stroll to the pedestrian high street. The development is also very elegantly situated opposite the new, £35M, Welsh Assembly- backed “Pontio” project which will be a state-of-the-art innovation centre including a 500 seat theatre, outdoor amphitheatre, student learning facilities and much more.

The full front of the building is Grade II Listed to keep the beautiful period features of this once main Counters District Office for Royal Mail of North Wales, it also has an unlisted attachment which served as a loading/offloading area and parking for postal vans featuring direct access to the main road and also includes an undeveloped portion of land behind it.

The main building has had plans put in place but not yet submitted for planning to be developed into a Bar, Restaurant and Club complex as well as a Private medical centre by Nw1Company. The scope this building offers is huge, (subject to planning) it could be an apartment complex, student accommodation, hotel, office space and much much more.

The former loading area at the rear adds further development options that could be used as a multi-storey hotel and that could be the first of its kind in the area.

Tenure: Freehold

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

£1,200.00 including VAT payable on the fall of the Virtual Gavel.

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

Disbursements

Please see Legal Pack for any Disbursements.

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* Guide | £550,000
  • Unconditional (Immediate Exchange)

Call the team on 02920 475184 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.