Lot 58 - Hawdref Ganol, Pontrhydyfen, Port Talbot, SA12 9SL

  • Unconditional Online Auction Sale
  • Guide Price* : £595,000+
  • Bedrooms: 0

Addendum

This lot has been withdrawn from the auction.

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Rare Investment/Business Opportunity

Description

ONLINE AUCTION 23rd JULY

A rare investment/business opportunity in a semi rural location within the Afan Valley in the County Borough of Neath Port Talbot.

This extensive property was formerly trading as a successful restaurant and guesthouse until 2019. The ground floor was trading as a well known bar and grill, with guest accommodation on the first floor and spacious private accommodation located on the second floor with a modern open plan apartment.

There is approximately 20 acres of land, various outbuildings in close proximity and also a large car park. The stables provide 17 letting opportunities, and the large "battlefield" offers further income potential as a paintball business. The field is fully equipped with various army props and consists of a sheltered sitting area, summerhouse, wooden storage shed and steel storage container. This property would be ideal as a live in business, buy to let investment or maybe suited to multiple other uses (subject to the necessary planning consents). Surrounded by countryside in an idyllic setting, you may be surprised to know that the M4 motorway is just over 5 miles away (approximately 12 minutes).

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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