Mostyn Avenue, Llandudno, LL30
- PROPERTY TYPE
Retail Property (out of town)
- SIZE
4,140 sq ft
385 sq m
Description
ALL INTERESTED PARTIES MUST READ AND FOLLOW THE ONLINE AUCTION TERMS & CONDITIONS, LEGAL PACK & ANY ADDENDUM BELOW UNDER OTHER KEY INFORMATION.
In our view, this is a spacious commercial premises occupying a prime corner location in the Craig Y Don area of Llandudno. With accommodation offering retail space to the ground floor and additional rooms over two floors above.
Briefly offering:
Part A material information as required by Trading Standards:
1. Tenure: We are informed at the point of commencement of marketing that the property is:
Please verify by checking the legal pack when ready and prior to bidding to purchase.
2. RATES: (England, Wales & Scotland)
3. Price Guide:
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.
Material Information Part B
1. Physical characteristics of the property:
a) Property type: End of terrace commercial property
b) Construction type: As auctioneers or marketing agents we or the joint agents do not undertake a survey. We are not qualified to specify exact construction of buildings, however we may provide an assumption/comment if we are informed or believe the property not to be standard construction for its type and area. Bidders should ensure they verify for themselves the construction prior to bidding and a commitment to purchase.
(Some examples of different construction types include prefabricated buildings and non-traditional building methods such as wattle and daub, cob, pre-cast and cast in situ concrete, and timber or metal frame construction).
c) Number and type of rooms
We understand the accommodation comprises (as described above):
2. Utilities:
• Source/s of heating (including if applicable on some lots any communal heating facilities): TBC
• Primary source of electricity supply Mains (not connected)
• Primary source of water supply Mains (not connected)
• Primary arrangement for sewerage Mains (not connected)
Viewing - Please phone us to make an appointment.
We are open from 9am to 5pm Monday to Friday, and 9am to 4pm Saturdays.
Please Note - Any interested bidders MUST refer to our auction terms of sale available on the online listing at:
Some helpful Guidelines:
Pre-Auction Offers – Not all lots offered will consider 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.
Local Authority: Conwy County Council
General Information - Prior to making an appointment to view, we strongly recommend that you discuss any particular points which may be likely to affect your interest in the property with a member of staff in order that you do not make a wasted journey.
Note to customers:
All Wales Auction is auction department trading name of Williams & Goodwin The Property People Ltd.
Important Notice - YOU MUST REFER TO THE TERMS AND CONDITIONS
Williams & Goodwin The Property People/All Wales Auction and their clients give notice that these particulars have been prepared in good faith to give an overall view of the property. They do not form any part of an offer or contract to the purchaser or any third party, and must not be relied upon as statements or representations of fact. Purchasers must rely on their own enquiries by inspection or otherwise on all matters including planning or other consents. Any areas, floor plans, measurements or distances referred to are given as a guide only and are not precise. Photographs are not necessarily comprehensive or current; no assumption should be made that any contents shown are included in the sale nor parts of the property that have not been photographed. We have not tested any services or equipment and nothing in these particulars should be deemed to be a statement that they are in good working order nor that the property is in good structural condition.
MONEY LAUNDERING REGULATIONS 2003 intending purchasers will be asked to produce identification and proof of financial status when registering to bid.
The Agent nor auctioneer have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller at the time of instruction and should be confirmed within the legal pack. A Buyer is advised to obtain verification from their Solicitor.
We have taken every precaution to ensure that these details are accurate and not misleading. If there is any point which is of material importance to you, please contact us and we will provide any information you require. The mention of any appliances and services within these details does not imply that they are in full and efficient working order. These details must therefore be taken the initial guide only and bidders should check for Addendums on the online listing of this lot prior to bidding.
These are tips on the process, if successful you will be entering a legally bidding contract and you should therefore always take your own professional advice prior to bidding.
Auction Method:
The auction for this property will be conducted online through our online-bidding platform powered by Bamboo auctions. This is a “Timed Auction”. It differs to in room auctions by allowing you to bid from the comfort of your own home.
The proposed time slot and “end time” for the auction is displayed on Williams & Goodwin The Property People Ltd website - this may be subject to change, the property being withdrawn or sold prior. Bidding may open any time in the period usually up to 24 hours before the end time.
Once bidding opens the status will change from “Starting Soon” to the time remaining to bid and the end time/date of the auction is displayed on the page/lot. Please note each lot usually has a different end time.
Before you can bid you must go to your dashboard to:
Pass an online ID check
Enter your payment details
Enter your solicitor details. Please allow sufficient time to do this.
When you place your bid, you are deemed to have agreed to Williams & Goodwin / All Wales Auction and Bamboo Auctions Buyers Terms (England & Wales) which are available on the live auction section of the website. YOU MUST read the specific legal pack and any notes in the lot listing you are interested in BEFORE you bid. AGAIN please REMEMBER to do final checks as documents can be added, removed or changed at any time.
Auction type - Unconditional plus Fees:
Exchange will occur immediately at the end of the auction time period, provided you are the highest bidder and your bid has met or exceeded the reserve price. At that point, you have entered a legal commitment to complete the purchase and you will be charged £5000 online, which is split between the buyer fee and a holding deposit. Only the holding deposit amount will go towards the purchase price.
You must then transfer any outstanding amounts of the 10% deposit before 12pm the next business day and you must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack of that lot state otherwise.
Legal Pack:
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
Always check OTHER KEY INFO under the live auction listing for any addendum notices (these are possible amendments the auctioneers may consider necessary to post)
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack and checked the addendum/Other Key info area in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale:
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of the auctioneers - Williams & Goodwin The Property People also trading as All Wales Auction or any joint agents’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Auction Fees:
From the £5000 charged online, the following non-refundable fees apply:
Buyer’s Fee - payable on exchange of contracts. This is £3,600 including VAT. The Buyer’s Fee is payable in addition to the purchase price.
You must check the legal pack, live auction section listing and special conditions (if any) of the lot you are interested in to see if any other fees apply to that lot. e.g. some lots seek buyers to pay for search fees and/or auctioneer fees etc.
Holding Deposit:
The remainder of the £5,000 charge less the buyer fee (specified above), is a non-refundable contribution towards the deposit (10% of the sale value) i.e. £1,400
By 12pm the next business day the winning buyer must pay the remainder of the 10% less the contribution already. This will be collected by Williams & Goodwin The Property People Ltd. Cash and cheques are not accepted.
Payment Method:
When you register to bid, you will be prompted to provide your payment details to Bamboo Auctions. In the event that you are the winning bidder, your card will automatically be charged £5000 as a proportion of the Buyer’s Fee & Deposit. The balance of the deposit due should then be paid to the auctioneers, Williams & Goodwin The Property People Ltd. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property at a price of £100,000. At this point your bid is successful you will be charged £5000 instantly. Made up of:
• Buyer’s Fee of £3,600 (incl. VAT)
• Part Deposit payment of £1,400
As the actual purchase price amounted to £100,000, after the auction, you will be required to pay the following additional amount on top of the initial payment:
• £8,600 (£10,000 for Deposit as 10% of actual purchase price; Less amount paid at auction end time £1,400.)
Registration Process:
To register to bid on the property, search for the lot on website. Click onto the property, follow the link to “Log in/register to bid” , and you will then be directed to create an account and set up your profile to bid.
Final tip - always remember to refresh the browser. Good Luck!
Disclaimer
Please Note: Should anyone request to view one of our properties, any photography or video recording is not permitted during a viewing unless agreed in advance.
Energy Performance Certificates
EPC 1Mostyn Avenue, Llandudno, LL30
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Llandudno Station0.7 miles
- Deganwy Station2.0 miles
- Llandudno Junction Station2.5 miles
Notes
Disclaimer - Property reference RX856767. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by All Wales Auction, Llangefni. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call All Wales Auction, Llangefni on 01248 663205.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.




