Property description

Offered for sale is the freehold of this commercial unit, currently let on a 3 year lease from 1st August 2014, at a fixed rent of £5,200 per annum (see sellers legal pack for further information and confirmation). The property is superbly situated on Conway Road, Colwyn Bay affording busy passing trade and is ideally suited for a retail trader or commercial property investor. There is also a self-contained flat above which has a 99-year Lease running from 25.12.2005 at a rent of £100 per annum rising. EPC: D

Please Note
Any interested bidders MUST refer to our auction catalogue and terms of sale.

Guide Prices
The guide prices are the parameters which we believe the lot may achieve, although by the very nature of entries the actual sale prices may be higher or lower depending upon demand and popularity of the lot at the actual auction. Guide prices are published in good faith and may change at any time during the marketing campaign.

Pre Auction Offers
Offers must be submitted to us in writing and will only be considered if the lot has been viewed and the legal documentation inspected. Pre-auction bids are on the basis of an immediate exchange of auction contracts upon acceptance by the seller, with the buyer providing a full 10% deposit AND the administration fee. Any offer will be assumed to be your best and final offer and we cannot guarantee that you will be invited to increase your bid in the event of an alternative, satisfactory offer being received prior to exchange. Our clients have agreed that only pre-auction offers SUBSTANTIALLY above the top guide price figure will be submitted for their consideration.

Legal Packs
To register for legal packs please visit the View Lots/Legal Packs section of our website www.allwalesauction.com.

Property Features :

• Freehold Commercial Unit
• Currently Let on 3 Year Lease
• Superb Location in Centre of Town
• An Ideal Investment not to Miss
• EPC: D