Lot 64 - 184 New Road, Skewen, Neath, SA10 6HD

  • Unconditional Online Auction Sale
  • Guide Price* : £105,000+
  • Bedrooms: 2

Lot 64 - Mixed Use Property for Investment

Description

ONLINE AUCTION from 29th JULY-31st JULY

Situated on the busy high street of Skewen is this large commercial unit with kitchenette and toilet, currently set up as a hairdressers but being sold with vacant possession, with a large two bedroom flat above with its own rear entrance and parking.

The property is being sold full vacant possession, however we anticipate a monthly rent of £600 for the flat and £700 for the commercial, bringing in a healthy annual income of £15,600.

The main commercial unit is accessed via the main high street and is currently set up as a hair dressers with all facilities in place, the upstairs is accessed via the back of the shop or the rear of building, the accommodation comprises of an open plan kitchen living room, two bedrooms and bathroom.

Location
Situated in the centre of the village of Skewen close to local amenities a short travelling distance from the town of Neath, the city of Swansea, junctions 43 and 44 of the M4 motorway, the A465 Neath/Abergavenny trunk road all local centres of employment and recreation.

VIRTUAL TOUR

Tenancies

To be sold with vacant possession

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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Paul Fosh Auctions, 01633 254 044

Office Contact

Oliver Griffiths

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.

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

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