Lot 55 - Llys Morfa, 3-4 George Street, Llandeilo, SA19 6AS

  • Unconditional Online Auction Sale
  • Guide Price* : £100,000+
  • Bedrooms: 0

Addendum

Please Note: There is a secure gate and fence being erected at the back of the property. The cost is £3,300 + VAT which will be split between the three buildings.

LOT 55 - Office Investment Opportunity

Description

ONLINE AUCTION from 17th MAY-19th MAY

The property comprise three self contained offices located on the ground floor of a prestigious triple bay building. The property is located close to the junction of Carmarthen Street and in turn just a short walk from the town centre. The property has been fully refurbished in recent years and has been sold with a benefit of a long lease (990+ years).

The upper floors of the building are arranged as residential units and there may be potential for converting the ground floor into apartments also (subject to the necessary planning consents). The property is in a convenient location, close to the main shopping area of Llandeilo and offers a selection of local amenities.

Tenancies

To be sold with vacant possession

Tenure

Advised Leasehold - to be verified by solicitor (new 990+ year lease)

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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