Allt Y Dref

Ref: Lot 3

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Registration Guide

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Town & Country Property Auctions NW, MW, Oswestry & Chester
Town & Country Property Auctions NW, MW, Oswestry & Chester

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

A two storey building being situated in a prominent position in Wrexham Town Centre, being close to other entertainment venues, for a number of years having traded as a Nightclub venue. The ground and first floor have separate access points, meaning that the property can potentially be suitable for a number of uses, subject to appropriate planning consents being granted. There is vehicular access to the rear with a secure compound area providing parking for 3 vehicles.

The property benefits from separately controlled air condition systems to the ground and first floors, a full fire safety system and is alarmed. The ground floor has a bar area and raised seating area. There is a further cellar area and kitchen. The first floor benefits from a further dance floor, bar area and seating area. There are w.c's at ground and first floor level.
VAT IS PAYABLE ON THE PURCHASE PRICE AT THE APPROPRIATE RATE

Bullets

. Substantial Two Storey Commercial Building
. Prominent Town Centre Location.
. Previous Use As a Nightclub
. Suitable For Alternative Uses, Subject to Planning
. Separate Access Points So May Suit a Split Use
. VAT PAYABLE ON PURCHASE PRICE AT APPROPRIATE RATE

Tenure

Freehold

Buyers Premium

* Plus 5% Buyers Premium + 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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