Cumberland House, Market Street, Abergele, Clwyd, LL22 7AG

For sale by Online Auction - 28th of January at 10:00.

Mixed Use Property on High Street

Description
An exciting opportunity to acquire a substantial freehold mixed-use property occupying a prominent end-of-terrace position, benefitting from excellent visibility and strong redevelopment potential. The building is highly prominent within the street scene, with existing signage and high levels of passing footfall.

The property is currently arranged to provide a ground floor commercial unit, most recently operated as a bakery. The space offers a generous and adaptable open layout, ready for full refurbishment. Providing purchasers with the flexibility to redesign to suit a variety of commercial uses, including retail, food, service or alternative uses, subject to any necessary consents.

The upper floors are presently arranged as two large bedrooms; however, there is significant scope, subject to the necessary planning consents, to reconfigure the residential accommodation. Once completed and decorated, this element of the property offers clear potential for additional income, either as a private letting or as part of a wider mixed-use scheme. Further enhancing the appeal, the property also benefits from a garage to the rear, providing valuable off-street parking for residential occupants or tenants.

The building has already undergone the majority of the restoration works and is now prepared for the final phase of completion. This offers incoming buyers a blank canvas, allowing full freedom to personalise and finish the property in accordance with their intended use and design preferences.

Tenure
Freehold

Legal PackA legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

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).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.