Lot 14 - 1-5 Pembroke Terrace, Port Talbot, West Glamorgan, SA12 6LW
- Unconditional Online Auction Sale
- Guide Price* : £108,000 +
- Bedrooms: 4
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Lot 14 - Mixed Use Property for Investment
Description
ONLINE AUCTION from 4th - 6th FEBRUARY
A substantial mixed use building fully occupied by tenants making it an ideal investment opportunity.
To the ground floor the property is occupied by a National betting establishment. The ground floor currently is arranged with the main betting retail area and counter area, customer WC, staff kitchenette and staff WC.
The first floor is also occupied by tenants who have expressed a desire to remain.
The flat offers good size living accommodation and comprises entrance hallway, sizeable lounge diner, kitchen, family bathroom and four bedrooms.
The property is ideally situated for both local amenities, Port Talbot shopping centre and access to the M4
Accommodation
Ground Floor: retail area, counter area and back office, customer toilet, staff kitchenette and WC
First Floor: Entrance hallway, lounge/dining room, kitchen, bathroom, 4 bedrooms.
Tenancies
Ladbrookes - 7,600 pa
The flat is let at £7,200 pa
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 or email lettings@paulfoshlettings.com for invaluable advice.
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 1.5% 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
Legal Documents
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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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