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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.
The property is currently vacant
To be sold with vacant possession but could potentially achieve £600 pcm
Advised Leashold but has a share of freehold 999 year lease
£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.
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