Commercial property for sale in Bridge Street, Denbigh LL16

Summary
guide price £75,000 - Mid terrace, commercial property.
Sold with the long-standing tenants in situ.

Description
***exchanged at auction***now taking lots for our next sale***16th April 2024***contact the auctioneers***

A ready-made investment purchase sold with the long-standing tenants in situ, on a lease dated from July 2014 for a current rent of £2,125 per quarter. The tenants have been in the property for over 20 years and is run as a fish and chip shop. The property comprises of ground floor sales area with rear access and basement with a yard to the rear. To the first floor there is a storage area which is currently vacant and needs some remedial work but could offer potential for an additional income. Denbigh is a market town retaining many historical buildings including the remains of the imposing Denbigh Castle, which draws in many visitors to the area. Please Note: The information given has been provided by the vendor and buyers are advised to make their own enquiries and check the legal pack to verify the information provided, prior to bidding.

Tenure: Freehold

EPC Rating: C

Presumed Rateable Value:
£1524.75 as listed on the Denbighshire Council website.

Enquiries:
Northern Auction Centre, 38 High Street, Bawtry, Doncaster, South Yorkshire, DN10 6JE Tel: ***guide price: £75,000***

Important Notice:
For each Lot, a contract documentation fee of £1500 (inclusive of VAT) is payable to the Auctioneers by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
**please contact the auctioneers at to request A copy of the legal pack, if this is available we can email it over to you**

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

Registration for bidding online will close the Friday before the auction sale. Please ensure you register and submit all the details and documents required in time. Without authorisation to bid prior to the sale you will be unable to bid in the auction.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.