Lot 11 - Siop Uned Dau, Station Road, Ammanford, Dyfed, SA18 2DB

  • Unconditional Online Auction Sale
  • Guide Price* : £14,000+
  • Bedrooms: 0

Lot 11 - Commercial Property

Description

ONLINE AUCTION from 15th APRIL-17th APRIL

An opportunity to acquire a distinctive commercial property in the heart of Ammanford.

The ground floor shop is currently vacant - (however currently marketed for £600PCM )

Large unit, with front access only

The shop consists of two rooms, one at the front of the building and one at the rear, it could be knocked through to create one larger shop.

The identical shop next door has been let on a new 3 year lease with no break clauses on a full FRI lease at £600PCM.

Typical enquires for this shop have come from Dog Groomer, Barber, Cosmetics and small accountant, it has been a surprise the level of demand for small retail space any of the enquiries can be passed on to the the new buyers or they can keep the shop vacant.

Accommodation

The property is currently vacant

Tenancies

To be sold with vacant possession but could potentially achieve £600 pcm

Tenure

Advised Leashold but has a share of freehold 999 year lease

£1 Ground rent - 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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If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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