Property Auction House and RICS Registered Valuer

Next Auction:
11/4/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
FREEHOLD SEAFRONT HOTEL PUBLIC BAR & FUNCTION ROOM WITH PLANNING FOR COMPLETE REDEVELOPMENT.

Lot 11

25?29 East Parade, Rhyl LL18 3AL

Photo of 25?29 East Parade, Rhyl LL18 3AL
Unavailable

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FREEHOLD SEAFRONT HOTEL PUBLIC BAR & FUNCTION ROOM WITH PLANNING FOR COMPLETE REDEVELOPMENT.

Lot 11

This well-situated seafront hotel currently offers 34 rooms of accommodation together with bar area, dining hall, function room and self-contained public house in thebasement. The site is situated in a prime location opposite the National Crown Bowling Centre and within a few minutes walk of Sealife, The Sun Centre complex and nearby to thenewly planned marina development and plaza shopping precinct. The hotel is presented in reasonable orderthroughout and benefits from full planning permission under reference no 45-2004-1272 for complete redevelopment. The scheme allows to change and develop the hotel to provide over 100 rooms of accommodation, over 6-7 floors toinclude a fitness centre with indoor swimming pool, various associated facilities and 5 penthouse apartmentswith seafront views. Copies of planning permission and drawing are available for inspection at the officesof the Auctioneers. It may also be suitable for development into residential accommodation or a care home scheme subject to obtaining the necessary planning consents. The area is undergoing a great deal of regeneration and Rhyl is regarded as one of the UK?s premier holiday towns.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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