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ONLINE AUCTION FROM 11TH MARCH - 13TH MARCH 2025
An opportunity to acquire a distinctive commercial property in the heart of Ammanford.
The ground floor shop is currently tenanted.
Large unit, with front and rear access also.
Please note the ongoing tenant is currently in the middle of improvment works inside and sells local woodwork sculptures and items that are handmade.
Note - all pictures where taken before Tenant took occupation.
Tenant is doing Improvement works in the shop - and is on a new 3 year lease with no break clauses on a full FRI lease.
The property is currently tenanted with a rent payable of £600 pcm from February 2025 - 3 year lease full FRI lease with no breaks.
Advised Leashold but has a share of freehold 999 year lease
Lease expires Feb 2028
£1 Ground rent - to be verified by solicitor
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.
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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