Lot 43 - 280 Margam Road, Port Talbot, SA13 2DB

  • Unconditional Online Auction Sale
  • Guide Price* : £89,000+
  • Bedrooms: 1

Addendum

This property has been withdrawn from the auction.

Commercial/Residential Investment

Description

ONLINE AUCTION from 27th APRIL-29th APRIL

A substantial, mixed-use freehold property in a popular shopping area. The property consists of a large commercial unit on the ground floor, which has permission approved for A3 use. To the first floor is a large flat, which has been cleared and is ready for renovation. The flat can be accessed separately from the shop, through a side door via lane access. There is also a detached garage to the rear.

The property benefits from high levels of footfall daily, as it has the advantage of being positioned near the local school and college, with the added benefit of the steel works being located approximately 1.5 miles away.

This would be ideal for those looking to open a food outlet for the local community, or other potential retail uses.

VIRTUAL TOUR

Accommodation

Ground Floor - Commercial Unit: Main shop/retail area, kitchen, ancillary space, room, kitchenette, wc
Ground Floor - Flat: Entrance
First Floor - Flat: Landing, living room, kitchen area, bathroom area, bedroom
Outside: Level garden to rear with detached garage

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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