Lot 2 - The Nelson, Bridge Street, Llangefni, Gwynedd, LL77 7PN

  • Unconditional Online Auction Sale
  • Guide Price* : £125,000 plus

Commercial investment let to Savers Health and Beauty Limited at a rent of £13,500 per annum

Description

Commercial investment comprising a 3 storey mid terrace unit with ground floor retail and staff/storage to the upper floors, let to Savers Health and Beauty Limited at a rent of £13,500 per annum expiring 8th April 2024.

Location

The property benefits from prominent frontage to Bridge Street, adjacent to Bulkeley Square and close to the main shopping thoroughfares of the town.

Llangefni is Anglesey's county town and principal administrative centre and the town has a broad range of commercial activities, as well as retail and leisure amenities. The headquarters of the Local Authority are within 10 minutes walk of the property. Anglesey is an island in Wales, off the mainland's northwest coast and it is becoming an increasing popular location for tourism and is also provides links to Ireland via the ferry service from Holyhead.

Tenure

Freehold

Accommodation

Ground Floor:
Sales - 2,146 sq. ft
Stores - 344 sq. ft
WC

First Floor
Stores - 1,580 sq. ft
Kitchen/Staff Room

Second Floor:
Stores - 660 sq. ft.

Tenancies

Let to Savers Health and Beauty Limited for a term of 5 years from 9th April 2019 on full repairing and insuring terms at a rent of £13,500 per annum. Note there is a tenant break option on 8th April 2022.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2400 (inc VAT) payable upon exchange of contracts.

Additional Information

1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

3. The picture is an archive image before the current tenant occupied.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Bidding not yet open
Minimum Opening Bid

£115,000


Bidding Opens On
9th Dec 2020 10:45
End Date

Connecting to server...

Finance Available | Enquire Here

Office Contact

James Ashworth
0161 967 0122

Important Documents

Agreement Documents

Legal Documents

Log in to view legal documents

Share