***COMMERCIAL AND RESIDENTIAL PROPERTY FOR SALE BY MODERN METHOD OF AUCTION***
A fantastic opportunity.
Formerly operating as the highly successful and popular Siop Fach Tea Rooms and Restaurant, this unique and versatile property presents an outstanding opportunity for those looking to establish a hospitality business or pursue a mixed residential and commercial venture.
The tea rooms provide approximately 44 covers and feature a serving area, fully equipped commercial kitchen, store room, freezer room, and ladies' and gentlemen's toilet facilities. Adjoining the tea rooms is an antique and collectables shop, which offers excellent potential for extension and further development, either as additional restaurant space or as holiday accommodation, subject to the necessary planning consents and change of use.
Further enhancing the property's potential is a substantial garage/workshop, complete with stairs leading to a useful first-floor storage area.
Adjoining the commercial premises is the owner's residence, known as Fairfield, which offers well-presented accommodation comprising an open-plan kitchen, dining and living area, two bedrooms, bathroom, utility room and conservatory. The first floor provides a third bedroom with en-suite shower room together with a hobby room/study, which could also be utilised as a fourth bedroom.
Externally, the property benefits from ample off-road parking for customers, while ramped access leads to the tea rooms. The residential accommodation enjoys a private rear garden, providing a pleasant outdoor space separate from the business premises.
Finished to a high standard throughout, the commercial and residential elements are ready for a new owner to take advantage of the excellent business potential on offer and commence trading with minimal additional investment.
Auctioneers Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Tea Room/Restaurant Antique/Collectables Shop Kitchen Store Room Freezer Ladies Toilets Mens Toilets Garage/Workshop . Fairfield (Owner Residence) Open Plan Living/Kitchen/Diner Bedroom 1 Bedroom 2 Bedroom 3 En-Suite Shower Room Bathroom Hobby Room/Study/Bedroom Services We are advised that there is electricity, water and drainage connected to the property.
Council Tax Band for Fairfield is D.
