Lot 40 - 4 Swansea Road, Pontardawe, Swansea, SA8 4AB

  • Unconditional Online Auction Sale
  • Guide Price* : £92,000+
  • Bedrooms: 3

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Commercial/Residential Investment

Description

ONLINE AUCTION 11th JUNE 2020

A former post office located in the popular area of Pontardawe. The property is arranged over 4 floors with a commercial unit (currently A1 use) on the ground and lower ground floor levels, with a maisonette above. This deceptively spacious building benefits from a large plot to the side which offers scope for development (subject to necessary planning consents) and also provides off road parking. The maisonette has been well maintained with some renovation work already being carried out.

Pontardawe benefits from a good selection of amenties, shops, schools etc. It is a very popular suburb of Swansea with the main city centre located approximately 9 miles to the south. The M4 motorway is approximately 13 minutes away by vehicle.

Accommodation

Commercial Unit
Ground Floor: Entrance, main shop area, kitchenette area, wc
Lower Ground Floor: Ancillary/storage space

Maisonette
Ground Floor: Entrance hallway
First Floor: Landing, wc, kitchen/dining room, utility room, living room, bedroom
Second Floor: Landing, 2 bedrooms (both with en suite)
Outside: Large plot to side and rear, off road parking

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 1.2% of the purchase price (subject to a minimum of £975) 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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