Lot 49 - 4 Vaughan Street, Llanelli, SA15 3TY
- Unconditional Online Auction Sale
- Guide Price* : Nil
- Bedrooms: 0
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Addendum
This property has been postponed from the auction.
Lot 49 - Commercial Investment
Description
ONLINE AUCTION from 7th NOVEMBER-9th NOVEMBER
A three storey commercial premises briefly comprising of a ground floor retail unit with ancillary accommodation to the floor above. The property was previously occupied by a baby clothing retailer and is now being sold with vacant possession. Subject to the relevant consents the property may be suitable, but not limited to use as a clothing retailer, takeaway or accountancy.
The first floor briefly comprises of two rooms. The second floor is comprised of four rooms and a WC. Subject to the relevant consents these may be suitable for development.
Location
Situated in the main shopping thoroughfare in the town of Llanelli this property is positioned in a prominent position amongst independent and national retailers including Boots, Home Bargains and Santander.
The property is situated within close proximity to all local bus routes and is a short walk from local car parks.
Services
The property benefits from water and electric (not tested).
VAT
We have been advised that no VAT is due on the sale of this property.
Lease Start Date
21/09/1937
Lease Duration
99 years (12 years unexpired)
Accommodation
| Floor | Description | Area Sq Ft | Area Sq M |
|---|---|---|---|
| Ground Floor | Retail Area | 326.79 | 30.36 |
| WC | |||
| First Floor | Room 1 | 99.88 | 9.28 |
| Room 2 | 87.61 | 8.14 | |
| Second Floor | Room 1 | 60.27 | 5.6 |
| Room 2 | 40.25 | 3.74 | |
| Room 3 | 59.20 | 5.5 | |
| Room 4 | 42.62 | 3.96 |
Tenancies
To be sold with vacant possession
Tenure
Advised Leasehold - 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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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