Lot 73 - Plot at, Cramic Way, The Docks, Port Talbot, SA13 1WU

  • Unconditional Online Auction Sale
  • Guide Price* : £160,000+

Addendum

This lot has been withdrawn from the auction.

Development Opportunity

Description

ONLINE AUCTION from 20th October 2020

An opportunity to acquire a site of just over two acres which would be ideal for either industrial or commercial development (subject to necessary planning consents). We understand the site lies within the enterprise zone, other occupiers close by include a builders merchants and the site is adjacent to the train line and station.

This versatile site offers both vehicle and pedestrian access and is situated within walking distance of Port Talbot town centre. The local area has recently been boosted with new infrastructure with excellent road links to the M4 motorway with Swansea to the west and Cardiff to the east.

Planning:

Planning was previously granted for the construction of industrial units but has now lapsed, we also understand that the site was earmarked for a potential supermarket, however the plans never proceeded. The current owners have proposed a development of 25 industrial units but no planning has been submitted.

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 £750) 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. 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

Sean Roper - sean@paulfoshauctions.com

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Paul Fosh Auctions, 01633 254 044
01633 254044

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