Reference: SD 2384 Back to Results
FREEHOLD PREMISES
For Sale £49,950 Freehold

Lock up office building which has been used as Therapy and Physio over the past 15 years. Available now only due to retirement.

Location: Colwyn Bay, Conwy LL29 8NB

Sale Type: For Sale

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Description

ACCOMMODATION

GROUND FLOOR ( 2 offices) in total 32.2m2

KITCHEN 1.8M2

STAFF TOLIETS - 3.1m2

Car Parking 1 car at front space.

Estimated rental value now £4,500 Per Annum.

There are three residential units all of which have been sold off.

1st Floor Apartment. Let of a 99-year lease from March 1984. Which leaves 61 Years let, from February 2022. Ground Rent rising to £175 per annum for period 2034 – 2059 then £300 per annum for remainder of the term.
Leaseholder pays ¼ insurance and repairs but no management fee as per leaseholder lease.

Top Floor flat privately owned 125-year lease from 2010. Ground rent £250.00 per annum unit 2050, then increase to £500.00 for remainder of the term. Pay 25% of repairs plus £100 per annum management fee. 1 Car parking space, on the market leasehold for £120,000.

Rear Cottage – Same terms as Top Floor Flat.


VIEWINGS BY APPOINTMENT ONLY.

 EPC- E

FREEHOLD

SUBJECT TO ALL 3 LEASES AND MAANAGEMENT OF BUILDINGS

£49,950.00


St David’s Commercial has not tested any fixtures and fittings and cannot therefore guarantee they are in working order. Your home is at risk if you fail to keep up repayments on a loan or mortgage secured upon it.

MISREPRESENTATION ACT 1967 (Conditions under which particulars are issued). St Davids Commercial for themselves and the Vendors/Lessors of this property whose Agents they are given notice that these particulars do not constitute any part of an offer or contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied on as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser/lessees must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars. February 2022. Subject to contract

£49,950 - 22 WYNNSTAY ROAD, COLWYN BAY LL29 8NB