Lot 32 - 3 Shoppers Walk, Swansea, SA1 3AY

  • Unconditional Online Auction Sale
  • Guide Price* : £25,000+
  • Bedrooms: 0

Lot 32 - Vacant Commercial Unit

Description

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).

Tenancies

To be sold with vacant possession

Tenure

Leasehold, approximately 38 years remaining.

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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