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    Key features

    • Freehold Investment/Development Opportunity
    • Retail Unit with Upper Parts and Rear Loading
    • Offered with Full Vacant Possession
    • High Footfall Town Centre Location
    • 13,289 sq ft (1,234.55 sq m)
    • Evident Asset Management Potential Via Letting
    • Potential to Create a High Yielding Investment
    • Potential for Conversion/Development (stp)
    • Guide Price Reflects a Low £23.70 per sq ft

    Description

    The property comprises a large town centre investment/development opportunity occupying a high footfall town centre pitch.

    Arranged as a single, open plan, retail unit to the ground floor with ancillary space to the first floor, the property was previously occupied by a supermarket and provides approx. 13,289 sq ft (1,234.55 sq m) of accommodation. To the rear, the property benefits from rear loading facilities, with a customer car park.

    The property would be suitable for letting in its current condition as a single unit. Alternatively, the property could be split to provide multiple units (subject to planning), with both providing the opportunity to create a high yielding investment.

    Furthermore, the upper parts could be converted to provide alternative uses, including residential (subject to obtaining any requisite consents).

    Shotton is an established commuter town approximately 5 miles to the west of Chester. The town is therefore popular with commuters and benefits from easy access to the M56 motorway as well as the A55 which provide4s access throughout North Wales.

    The property occupies a prime pitch fronting Chester Road East, the principal arterial route in Shotton, the unit therefore benefits from high footfall. Nearby occupiers include B&M, Nationwide, Cancer Research, Vision Express and Savers.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - 6,693 sq ft (621.78 sq m)

    First Floor - 6,596 sq ft (612.77 sq m)


    Total - 13,289 sq ft (1,234.55 sq m)

    Notes

    We understand the property is elected for VAT.

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      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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