Lot 43 - 210 New Road, Skewen, Neath, West Glamorgan, SA10 6ET

  • Unconditional Online Auction Sale
  • Guide Price* : £90,000 +
  • Bedrooms: 2

Lot 43 - Mixed use Building for Investment   

Description

ONLINE AUCTION from 4th - 6th FEBRUARY

A mid terrace property arranged as a ground floor shop and flat above.

The ground floor is let to a national betting establishment at £6500 per annum.

The first floor offers a two bedroom flat which is currently tenanted at £2400 per annum.

The ground floor retail area offers sales area, cashier area, kitchenette, customer toilet and staff toilet.

The property is located in Skewen near Neath which has an excellent range of amenities, shops and schools and is convenient for both the M4 and Swansea.

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor
Shop Area 416.56 38.7
Cashier Area 40.78 3.78
Kitchenette Area 19.91 1.85
Staff WC 16.14 1.5
Customer WC 46.28 4.3
First Floor:
UNINSPECTED two bedrooms, lounge, kitchen, bathroom

Tenancies

Ground Floor Let at £6,500 pa
First Floor let at £2,400 pa

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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