Waiting for video...
ONLINE AUCTION from 26th JULY-28th JULY
Located in a prime retail area in Swansea city centre is Shoppers Walk Arcade.
Positioned between Oxford Street and Singleton Street, and opposite Swansea's Grand Theatre. The arcade gains plenty of footfall. There is also a public car park conveniently located next to one of the entrances of the arcade.
Aside from the two units that Paul Fosh Auctions currently have for sale, the site is currently fully occupied with a varied selection of local businesses.
The property previously ran as a successful model shop, however would be suitable for alternative use (subject to the relevant consents).
To be sold with vacant possession
Leasehold, approximately 38 years remaining.
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.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.