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Pentywyn Road, Deganwy, Conwy, Conwy, LL31 9TH

Guide Price
£495,000

£495.00 per sq ft

Business rates & charges may apply

Pattinsons, Pattinsons Auction- National Auctioneer
SIZE AVAILABLE

1,000 sq ft

93 sq m

SECTOR

Restaurant for sale

Key features

  • Double glazing
  • Fitted Kitchen
  • Shops and amenities nearby
  • River view
  • Roof Terrace
  • Four Bedrooms
  • Close to Promenade
  • Investment Property

Description

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £495,000.

With outstanding views of the Conwy Estuary, Deganwy Harbour and Conwy Castle, Elwy are pleased to market for sale a rare investment opportunity to acquire a fantastically positioned fish and chip shop with a four bedroom maisonette above.

Conwy is one of Britain's best preserved medieval towns, attracting millions of tourists each year with its iconic 13th Century Castle, narrow cobbled streets and famous 'smallest' house in Britain!

On offer is a busy ground floor fish and chip shop with indoor dining restaurant which is currently leased on a 7 year commercial agreement and generating an income of £27,500 per annum. The business itself is not for sale and continues to successfully trade.

To the first floor is a superb and fully renovated four bedroom maisonette which enjoys enviable views and is presented in outstanding condition. The spacious accommodation comprises; large living room with bay windows, fitted modern kitchen, two double bedrooms and a shower room to the first floor, with two additional bedrooms, family bathroom and utility to the second floor. The maisonette is accessed via stairs to the rear of the building with a lovely roof terrace and benefits from gas central heating and double glazing.

Please note we has not inspected this property.

Location

The subject property is located along Pentywyn Road, Conwy. Conwy is one of Britain's best preserved medieval towns, attracting millions of tourists each year with its iconic 13th Century Castle, narrow cobbled streets and famous 'smallest' house in Britain!

Accommodation

On offer is a busy ground floor fish and chip shop with indoor dining restaurant. The business itself is not for sale and continues to successfully trade.

To the first floor is a superb and fully renovated four bedroom maisonette which enjoys enviable views and is presented in outstanding condition. The spacious accommodation comprises; large living room with bay windows, fitted modern kitchen, two double bedrooms and a shower room to the first floor, with two additional bedrooms, family bathroom and utility to the second floor. The maisonette is accessed via stairs to the rear of the building with a lovely roof terrace and benefits from gas central heating and double glazing.

Tenure

Freehold. Title number WA557408.

Income

The ground floor is leased at £27,500pa on a 7 year term commencing on 01.10.21 whilst the flat is generating £1350pcm on a rolling AST, further details can be found in the legal pack.

Council Tax Band

TBC

EPC

We are currently awaiting a copy of the energy performance certificate for the ground floor.

Upper floors (Rating E)

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Energy Performance Certificates

EPC

Brochures

Pentywyn Road, Deganwy, Conwy, Conwy, LL31 9TH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Deganwy Station0.5 miles
  • Llandudno Junction Station0.7 miles
  • Conwy Station0.8 miles

About Pattinsons, Pattinsons Auction- National Auctioneer

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 444137. 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 Pattinsons, Pattinsons Auction- National Auctioneer. 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 Pattinsons, Pattinsons Auction- National Auctioneer on 0191 625 0964.

*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.”

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