Lot 9 - 51 High Street, Clydach, Abertawe, Swansea, SA6 5LH

  • Unconditional Online Auction Sale
  • Guide Price* : £117,000 +
  • Bedrooms: 2

Lot 9 - Mixed use property for Investment

Description

ONLINE AUCTION from 11th MARCH-13th MARCH

An opportunity to acquire two commercial premises and a two bedroom flat.

All properties are fully occupied and generating a combined income of £12,360 per annum making it ideal for those looking for investment.

There are two ground floor commercial premises, one trading as a fast food outlet and the other is a gift shop. The flat comprises of two bedrooms, kitchen diner, lounge bathroom and utility area.

The flat also benefits from off road parking for several cars.

The properties are situated in the village of Clydach which offers convenient access to the M4 (J45). It is only a short distance from Morriston Hospital and the DVLA.

Accommodation

Ground Floor: 51 - Gift Shop
51B - Pizza & Kebab House
First Floor: 51A (flat) Two bedrooms, lounge, kitchen diner, bathroom, utility area
Outside: (51A) rear garden with parking

Tenancies

Flat 51A let at £3,000 PA
Pizza & Kebab House let at £5,520 PA
Gift Shop let at £3,840 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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