Lot 59 - Units 1 & 2 Viking Way, Winch Wen, SA1 7DA

  • Unconditional Online Auction Sale
  • Guide Price* : £195,000
  • Bedrooms: 0

Lot 59 -Industrial / Workshop Units

Description

ONLINE AUCTION from 3rd FEBRUARY - 5th FEBRUARY 2026

Units 1 & 2, Unit 12 Viking Way, Winch Wen Industrial Estate, Swansea, comprise two industrial/workshop units situated within an established commercial location.

The property offers a part investment / part vacant possession opportunity. Unit 1 is currently let to Ace Tyres at a rent of £10,000 per annum (holding over), while Unit 2 is to be sold with vacant possession.

Lease Start Date

15/01/2026

Lease Duration

999 years (999 years unexpired)

Tenure

Long Leasehold. The properties will be sold together on a long ground lease as follows:
• Term to expire 2139 (approximately 114 years unexpired)
• Ground rent £1,900 per annum (Unit 1: £1,070 pa; Unit 2: £830 pa), subject to five-yearly upward-only rent reviews
• Service charge for the estate: TBC

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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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Office Contact

James Hollingsworth
7930173054

Documents

Legal 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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