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ONLINE AUCTION from 26th JULY-28th JULY
Located on the main thoroughfare in the town of Ammanford, this mixed use development would make an ideal investment.
The ground floor of the property consists of an open plan shop floor area, inner hallway with wc and large kitchen/staff area with rear access.
The first floor of the flat is comprised of a two bedroom, tenanted flat which is achieving a rental income of £550 per a month. There is a separate entrance to the flat to the rear of the property. Additionally the flat has a private, gated yard.
To the rear of the property are two garages which are currently rented for £150 pcm.
The property has recently been fully refurbished. With a new roof to the rear, new boilers (not tested), separate gas and electric meters.
Ground floor: Open plan shop floor area, wc, kitchen/staff area
First Floor: 2 bedrooms, bathroom, kitchen, living room
Outside: Garages to rear
|Property||Tenancy Type||Tenancy Term||Rental (Monthly)|
|Flat||AST Agreement||6 month tenancy – Start date May 22||£550|
|Garages||TBC||12 month tenancy – Start date Jan 22||£150 (£450 paid per quarter)|
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
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. 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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