For sale by Unconditional Online Auction. Grade II listed property comprising of commercial unit and one bedroom residential apartment.

A unique grade II listed ground floor retailing unit together with a first-floor self-contained and highly appointed one bedroom apartment located in a prominent trading
position to the centre of St Peters Square in the heart of Ruthin town centre.

This very attractive part timber framed building offers a unique investment opportunity with the first-floor apartment currently let on a protected shorthold tenancy generating a gross income of circa £8,178 per annum.

St Peters Square stands in the heart of this historic town centre noted for its buildings of architectural merit, the majority being listed and being close to the historic St Peters parish church.

The building which adjoins the Seven Eyes (Middleton Arms Inn) has benefited from extensive modernisation and refurbishment particularly to the first-floor apartment to provide a well presented and comfortable home. It affords ground floor open plan retailing area with rear studio/office, inner lobby with cloakroom and WC, two storerooms, access to a very substantial cellar which extends under the majority of the building.

To the first floor, there is a separate external staircase leading to a highly appointed apartment with lounge affording pleasing aspect over the square, modern fitted kitchen/dining room, large central landing, spacious double bedroom and modern bathroom with bath and shower. Independent gas central heating to both ground and first floor.

Retailing Unit- 5.54m frontage, overall depth 7.21m (18ft2 frontage, overall depth 23ft8) Approximate net internal floor area 362 sqft (33.6 sqm). Splay bay display window to front, high ceiling, fitted counter, storage cupboard.
Cloakroom - 1.96m x 1.85m (6ft5 x 6ft1)
Storeroom - 1.91m x 1.68m (6ft3 x 5ft6)
Office - 1.93m x 1.91m (6ft4 x 6ft3)
Cellar (total measurements) - 8.08m x 4.27m and 4.27m x 4.2 (26ft6 x 14ft and 14ft x 14ft)
Apartment:
Lounge - 4.37m x 3.35m (14ft4 x 11ft)
Kitchen/Dining Room - 4.39m x 3.48m (14ft5 x 11ft5)
Construction Material: Solid brick, as built, no insulation (assumed)
Broadband: Standard - 18 mbps, Superfast - 80 mbps and Ultrafast - 1800 mbps available
Mobile Phone Coverage: O2, EE, Three and Vodafone available
Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure: Freehold

EPC Rating: C and E

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.