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The property has been postponed from auction.
ONLINE AUCTION from 3rd OCTOBER-5th OCTOBER
A three storey public house with owners accommodation.
The ground floor of the property is briefly comprised of a bar/lounge area, lounge plus male and female toilets. There is also a basement which contains a cellar.
The first floor of the property is currently comprised of three rooms, a function room with bar and a commercial kitchen. The first floor can be accessed via the rear of the building via a number of access points. Subject to the relevant consents the property may be suitable for conversion into residential or alternative use such as a restaurant or gym.
The top floor is comprised of a one bedroom flat/owners accommodation which contains a shower room, bedroom and living room.
The property has been let to a tenant for approximately 20 years, and is now being sold with vacant possession
Located on Briton Ferry Road, the main thoroughfare through the town on Neath. The property is situated approximately a 5 minute drive from the town centre and Neath train station, and is within easy reach of all amenities. The Junction 44 of the M4 is approximately a 10 minute drive providing access to Cardiff, Swansea and Newport.
The property benefits from electric, gas and water (not tested).
|Floor||Description||Area Sq Ft||Area Sq M|
|Ground Floor||Bar/Lounge Area||1018.48||94.62|
|First Floor||Commercial Kitchen||117.11||10.88|
|Second Floor (unable to access on day of site visit)||Bedroom|
|Outside||Yard and Lane access to rear|
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) 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.
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