Development Opportunity
An opportunity to acquire an end terraced retail property which benefits from full planning for the demolition of the existing property and construction of self-contained retail unit fronting the High Street (55m2) 2 x 1 bedroom town houses, 1 x first floor two bedroom apartment and a one-bedroom maisonette for the purpose of affordable housing. The application was approved in September 2021 and further documentation can be viewed from Gwynedd County Council planning department using reference number (C21/0922/03/LL). Of course, there is also an opportunity for a business occupier or an investor purchase. The property is located on the high street of Blaenau Ffestiniog, an historic mining town, once known as the Slate Capital of the World - it is now a busy town and a popular tourist destination located on the fringes of the UK's recently awarded 32nd UNESCO Heritage Site.
Viewings
Dafydd Hardy (Commercial) 01286 676760
Energy Efficiency Rating (EPC)
Current Rating D
Local Authority
Gwynedd County Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £600 inc VAT payable on exchange of contracts.
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.