51 Watergate Street, Chester, Cheshire, CH1 2LB

Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A

Key Features: • City Centre Investment Property

Location: • Nearest Station: Chester Station • Distance to Station: 0.7 miles

Agent Information: • Address: Imperial Buildings King Street Wrexham LL11 1HE

Full Description: Guide Price £120,000 * 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 18:00.

Ground Floor Retail Premises Located On The Pedestrianised Watergate Street, The Main Road Linking Chester Racecourse To The City Centre. Let With Effect From 10.09.18 For A Term Of 15 Years On Tenants Full Repairing And Insuring Terms. Current Rental £13000 pax. An Opportunity To Purchase A Prominent City Centre Commercial Unit. Gross Yield Circa £10%. VAT IS APPLICABLE TO THIS LOT

Description ACCOMMODATION Ground Floor Sales 52.4 sq.m. (564 sq.ft.) Rear w.c.

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.BrochuresLegal DocumentsOnline Bidding