Lot 14 - Cambrian Arms, 49 Briton Ferry Road, Neath, SA11 1AR

  • Unconditional Online Auction Sale
  • Guide Price* : £73,000+
  • Bedrooms: 1

Addendum

The property has been postponed from auction.

Lot 14 - A Three Storey Public House with Owner Accommodation

Description

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

Location

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.

Services
The property benefits from electric, gas and water (not tested).

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Bar/Lounge Area 1018.48 94.62
Lounge 266.40 24.75
Male WC
Female WC
Basement Cellar
First Floor Commercial Kitchen 117.11 10.88
Room 1 127.44 11.84
Room 2 60.06 5.58
Room 3 155.32 14.43
Function Room 510.96 47.47
Second Floor (unable to access on day of site visit) Bedroom
Living Room
Shower Room
Outside Yard and Lane access to rear

Tenancies

To be sold with vacant possession

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 1.2% 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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Paul Fosh Auctions
01633 254044

Office Contact

Debra Bisley

Documents

Auction Finance

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