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Ivy House, King Edward Street, Barmouth, Gwynedd, LL42 1NY

Ivy House, King Edward Street, Barmouth, Gwynedd, LL42 1NY

£144,000
Mixed Use
About this Property
2025-04-15
144000
Traditional
Mixed Use
Description

ONLINE AUCTION from 15th APRIL - 17th APRIL 2025 Situated over four floors is this imposing mid terraced house with period features, in a central coastal resort location, has a commercial license for the ground floor (previously a barber's shop) and is currently a family home. Planning permission was applied for 3 years ago to return the ground floor to residential accommodation though it is currently used as storage area. With sea views from the upper floors the property provides three ground floor rooms (shop premises), with residential accommodation including entrance hall, sitting room, kitchen, utility/hobby room, six bedrooms and bathroom. The property was previously run as B & B with shop premises to the ground floor, due to the tourism in the area this could be a viable proposition for investors. There is also potential to convert into 4 flats subject to the necessary planning consents. Rear patio garden. The property is to be sold with vacant possession. Barmouth is known as the town where 'the mountains meet the sea'. It is a thriving seaside town with breath taking views on the north west coast of Wales looking out onto Cardigan Bay on the edge of the Snowdonia National Park. There is a busy town centre with shops. restaurants and supermarkets. Excellent outdoor pursuits include walking. cycling, paddle-boarding kayaking along the coast and its golden sand beaches. Train links via the towns railway station to coastal areas and directly through to Birmingham and beyond. Accommodation Ground Floor-Shop : Hallway with 3 rooms currently arranged as front shop, former barbers shop, shop store room First Floor-Residential : Entrance hall, sitting room, kitchen, utility/hobby room with external staircase Second Floor : 3 bedrooms, bathroom Third Floor : 3 bedrooms Outside : Rear patio garden Tenancies To be sold with vacant possession INVESTORS : If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email [email protected] for invaluable advice. Tenure Advised Freehold - to be verified by solicitor Auction Fees And Additional Costs Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated. Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details. * Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Location
More Information
Freehold
King Edward's Street
Residential/commercial for Owner Occupier/Investment
Planing Authority
Gwynedd

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