4 Bed Flat, Cash/Bridging Only, Wrexham, LL11 1TA, £320,000

The Old Swan Inn, 6 Abbot Street, Wrexham, LL11 1TA - 1 views - 22 days ago

Auction
Cash
ROI: 2%
~129 m²
+12 photos

Valuation











Investment Opportunity



































Local Area Statistics

Population in LL11

38,028

Population in Wrexham

134,792

Town centre distance

3.90 miles away

Nearest school

0.10 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £320,000

February 21, 2025

Description

  • Trading Public House Together With 4 Let Flats +
  • Significant Investment Opportunity +

**Guide Price £320,000 * Plus 5% Buyers Premium + VAT

For sale by unconditional online auction on the 26th of March 2025.

Registration is now open, bidding opens on 26th of March at 17:30 and ends on 26th of March at 18:15.**

A Town Centre Public House, Being Sold With Vacant Possession Of The Pub Area, Together With 4 One Bedroom Let Flats. Current Gross Annual Income From Flats £25734

Description
The property comprises an established historic public house in Wrexham city centre and is being sold with vacant possession of the ground floor public house, to also include four one bedroom flats above, all of which are currently Let under Assured Shorthold Tenancies at a combined gross annual rental of £25734.
The public house includes an outside seating area and is located in the principal nightlife area of the city.
THE AUCTIONEERS HAVE BEEN ADVISED THAT THE SALE WILL BE SUBJECT TO VAT AT THE APPROPRIATE RATE

Tenure
Freehold

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Material Information
Material information will be provided within the legal pack- to download visit our website tcpa.co.uk.

Auctioneer Notes
The vendor reserves the right to withdraw the property for sale before the auction end date. Cash buyers or pre-approved mortgages/finance only.

Agent Details

Town & Country Property Auctions, Wrexham - Auctions

01978 803835

Next Steps?

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