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Please note the rent paid by the tenant is £8,000 per annum as per legal pack.
ONLINE AUCTION from 23rd JULY-25th JULY
A substantial building in a prominent location ideal for those looking for investment.
The ground floor is currently let at £5,500 per annum. To the first floor the property offers a sizeable flat. The flat offers three bedrooms, kitchen, lounge and bathroom.
There could be an opportunity for redevelopment (subject to any necessary planning consents)
Located in a popular area and also provides convenient access to Swansea city centre and Fforestfach Retail Park. The M4 is also only a short distance away.
Ground Floor: Retail area, customer WC, staff area
First Floor: Kitchen, bathroom, 3 bedrooms, lounge
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Ground floor let on Betfred lease 24/12/2025 at £5,500 per annum
Flat to be sold with vacant possession
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential, we have a Lettings Department that can help you. Please call us on 01633 746800 or email sarah@paulfoshlettings.com for invaluable advice.
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.
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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