Lot 8 - Y Gweithdy Dau, Station Road, Ammanford, Carmarthenshire, SA18 2DB
- Unconditional Online Auction Sale
- Guide Price* : £29,000+
- Bedrooms: 0
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Lot 8 - Investment Opportunity
Description
ONLINE AUCTION from 11th MARCH-13th MARCH
An exciting opportunity to acquire a distinctive commercial property in the heart of Ammanford Y Gweithdy Dau offers immense potential for a variety of business ventures. With its unique character and versatile space, this property is perfectly suited for entrepreneurs, investors, or businesses looking for a dynamic location; investors looking for a commercial investment; or development potential to residential subject to planning.
Key Features:
Prime Commercial Location: Ideally situated in Ammanford with great transport links to Swansea, Crosshands, Carmarthen, Llanelli and Neath!
Versatile Layout: Offering flexible space with a fantastic ground floor workshop. Front access available from the main road with double doors to access with a vehicle if needed.
Development Potential: Scope to enhance or reconfigure the space to meet specific business needs or expand operations. Or conversion into residential housing or apartments subject to planning.
This is a rare chance to secure a unique property with commercial versatility in a highly desirable area. Whether you’re looking to establish a new venture or expand an existing one, Y Gweithdy 2 is ready to meet your business ambitions.
Business users it may suit - car repair workshop, antiques sales, online sales and distribution point, local merchants for storage, new business startups, dog groomers/petting.
Tenancies
To be sold with vacant possession - this property is vacant and if looking to buy as an investment, you are looking at around £895 rent.
We have had a number of interested parties already looking to potentially rent the unit. Information can be passed onto the buyer once completion takes place.
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 Leasehold with share of freehold 999 year lease, £1 ground rent. Share of 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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