Lot 12 - 7 Maescanner Road, Llanelli, SA14 8LR
- Unconditional Online Auction Sale
- Guide Price* : £55,000+
- Bedrooms: 2
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Addendum
The property has been withdrawn from auction.
Lot 12 - Mixed Use Development
Description
ONLINE AUCTION from 27th AUGUST-29th AUGUST
The property has a commercial use to the ground floor with a two bedroom apartment to the first floor. The ground floor premises was previously a pizza take away and is currently being renovated. The first floor flat is also midway through renovation.
It is anticipated that the commercial premises will achieve a monthly rental of £600 per month once works have been completed. We estimate a monthly rental of £625 for the flat. This gives the property a potential income of £1,250 pcm or £15,000 per annum. Please contact the auction department for further information.
There is a garden to the rear of the premises.
Location
Situated in the heart of Dafen, Llanelli. Located near Prince Phillip Hospital, Trostre & Pemberton Retail Parks, schools, local amenities and a 10 minute drive to the M4.
The property is located on a primarily residential road, although there is a post office and a chemist at the end of the road.
Council Tax Band
B
Tenancies
To be sold with vacant possession
Tenure
Advised Leasehold - to be verified by solicitor - Approx. 14 years remaining. Please see legal pack for further information
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) 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 Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Related Documents
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.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
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