COVID-19 – Important Auction Information
For Sale By Auction | 13:00, 03 December 2020 | Lot 8

Langdons Restaurant, Holyhead Marina, Beach Rd, Newry Beach, Holyhead, Isle Of Anglesey, Isle of Anglesey, LL65 1YA

Sold £35,500

  • Cafe
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 03/12/2020

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Ground floor unit for sale currently trading as Langdons restaurant approximately 2,350 sq. ft. The unit is currently let on remainder of a 20 year lease at £9,000pa

Ground floor unit for sale currently trading as Langdons restaurant approximately 2,350 sq. ft. The unit is currently occupied by a local restaurant operator on a 20-year lease from July 2013, with an annual rent of £9,000, In order to assist with hardships caused by COVID, we have implemented a temporary reduction to £500 pcm until 28th Feb 2021. There is an additional service charge of approx. £2,400. We understand the café has been temporarily closed during the COVID 19 outbreak. Check legal pack for finalised details.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating B

Local Authority

Isle of Anglesey County Council

Additional Fees

Buyer's Premium - £2400 inc VAT payable on exchange of contracts.

Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Referral Fees – We offer referred services via 3rd party suppliers which we believe you may benefit from in aiding the primary service we provide. You are under no obligation to use these services, and you should consider your options before accepting any third parties' terms and conditions for which we are not responsible. On some completed transactions they pay referral fees to ourselves. These fees average £300 inc VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.