FOR SALE VIA ONLINE UNCONDITIONAL AUCTION. BIDDING OPENS MONDAY 28TH APRIL & CLOSES TUESDAY 29TH APRIL.
Description
FOR SALE VIA ONLINE UNCONDITIONAL AUCTION. BIDDING OPENS MONDAY 28TH APRIL & CLOSES TUESDAY 29TH APRIL.
GREAT POTENTIAL DEVELOPMENT (STPP)
GRADE II LISTED STATUS
ICONIC TOWN CENTRE LOCATION
BLANK CANVASS OPPORTUNITY
Title Number: CYM859958
Cadw Records Ref Number: 26589
Guide Price: £45,000 - £55,000 (Plus Fees)
Centrally located, this substantial premises boasts a multi floor footprint with plenty of scope to bring back to life in the heart of Caernarfon Town Centre. You are only a whisker away from the infamous Castell Caernarfon and Menai Straights waterfront, surrounded by local businesses and beyond which makes the town a real hit during all times of the year.
Caernarfon itself has over the years become a hotspot to outdoor enthusiasts who want to explore the Menai Straights as well as Eryri (Snowdonia) and beyond.
DEVELOPMENT The property has had drawings put together to configure into FOUR flats. This would be subject to consent and permissions. The drawings will be added to the legal pack.
NOTE: The property has extremely limited access so any internal inspections may only be possible to the ground floor of the building. No member of Auction House has internally inspected the property at this stage.
ROOM LIST - Any Floor plan and measurements are for indicative purposes. Please conduct further due diligence as required.
PLEASE NOTE No appliances have been tested by Auction House. Any measurements are approximate. We recommend any would be bidders conduct their own due diligence in good time prior to the auction taking place.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Tenure: Freehold
Lot Type
Redevelopment
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
£1800 inc VAT payable on exchange of contracts.
Administration Charge
£1200 inc VAT payable on exchange of contracts.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
£45,000
Read more about how this can happen.
NB: Do not leave placing your bid to the last few seconds.It gives you no advantage, you risk your bid not being received by the server in time and you could lose the lot to another bidder.
- Unconditional (Immediate Exchange)
Call the team on 02920 475184 for more information
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.