30 Wellington Road, Rhyl, LL18

The Property
If you are looking for an investment property in a prominent High Street location then look no further as this type of property doesn't come to market often.

The ground floor shop is a well established local convenience store, the current owners are happy to vacate offering vacant possession or the business itself itself can also be purchased by separate negotiation

The first and second floors are currently rented to one tenant, but would make an ideal 6 bedroom HMO subject to the relevant planning consents

This property has the potential for serious revenue and would make an ideal investment

A well established business with a tenant with a six year lease and on the first floor there is a very spacious 6 bedroom appartment with a long term tenant the property has a combined rental income of £12,500 per year in its current condition

To the rear there is a large garden with two outbuildings with potential for development for numerous uses ( planning permitted)

Located on Wellington Road in Rhyl a busy high street location with plenty of footfall and obly a few minutes walk to the town centre and the local beach.

The business rateable value for the ground flor is £6400


Do you have a property to sell? Please call Amy Hennessey on or Nicola Ward on to arrange a free, no obligation valuation on your property

Click on the brochure to book an appointment via our live diary

There are important restrictions and charges listed on the Title for this property which is available in the legal pack. Please be aware that restrictions and charges may, for example, result in issues obtaining a mortgage, longer completion times and restrictions on the use of the property or land. You may wish to seek further advice on this.

Shop
A 600 sqft ground floor shop, currently run as a successful convenance store, the current owners can vacate offering vacant possession, or the business can be purchased subject to separate negotiation.

It has a current rental value of £8000 per annum

Rear Garden
A large garden with two outbuildings and off road parking potential with scope for development for numerous uses ( subject to the relevent planning consents)

Flat One
Currently a 7 bedroom apartment with lounge, dining room and kitchen over 2 floors, with a tenant in place.

The apartment can be offered vacant possession and would make an ideal HMO investment subject to the relevant consents

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £200,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks.


General Information
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT and a Legal Pack fee of £372 including VAT (this is subject to a minimum amount of £6,600 including VAT and a Legal Pack Fee of £372 including VAT). This secures the transaction and takes the property off the market.

Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
• Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.