Bull Lane
Ref: Lot 46
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Registration Guide
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Unconditional (Buyer's Premium)
UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price. A Buyer's Administration Fee Of £3,500 including VAT will be paid in addition to the purchase price. Completion will take place by 14 March 2024.
Former Royal Mail Depot, Bull Lane, Denbigh, Denbighshire, LL16 3SN
The property comprises a substantial prominent Grade II listed former Royal Mail sorting office building fronting High Street and Bull Lane in Denbigh town centre. It provides the opportunity for a number of alternative uses, subject to planning and a comprehensive scheme of redevelopment
The property comprises a substantial prominent Grade II listed former Royal Mail sorting office building fronting High Street and Bull Lane in Denbigh town centre. It provides the opportunity for a number of alternative uses, subject to planning and a comprehensive scheme of redevelopment
Description
The property comprises two retail units at ground floor level, having a combined Gross Internal Area of 790.90 sq.m., one of which is occupied by the Post Office Counter at a rent of £15000 per annum exclusive. There are extensive upper floors at first and second floor level, providing opportunity for a variety of uses, subject to planning and a comprehensive redevelopment scheme. There is a separate car park located on Bull Lane, with space for 11 cars.
First Floor 272 sq.m. Gross Internal Area
Second Floor 88.30 sq.m. Gross Internal Area
Bullets
. Significant Three Storey Grade II Listed Building
. Prominent Town Centre Location
. 11 Space Car Park Included
. Part Ground Floor Let To Post Office Counters
. Current Annual Income £15000
. Superb Opportunity To Provide A Significant Investment Property
Tenure
Freehold
Buyers Premium
Buyers Admin fee of £3,500 inc VAT
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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