Lot 82 - Nebo Chapel, Bryn Road, Glyncorrwg, Port Talbot, West Glamorgan, SA13 3AU

  • Unconditional Online Auction Sale
  • Guide Price* : £65,000+

Lot 82 - Development Opportunity

Description

ONLINE AUCTION from 8th November - 10th November

A rare opportunity to acquire a substantial former chapel with planning for conversion to a large residential property. It may also offer scope for conversion to apartments with it envisaged that the building could convert to 6/8 units (subject to necessary planning consents).

Located in a prime position The village of Glyncorrwg is situated in the stunning Afan Valley close to Afan Argoed benefiting from mountain bike trails with Glyncorrwg bike centre and Afan Forest Park visitor centre offering excellent facilities including cafes, bike shops, campsites and lots of information about the surrounding bike trails.

Afan Valley Adventure Resort which will be the UK's first adventure holiday resort of its kind offering a range of on site adrenaline fueled activities is forecasting some five thousand plus visitors per week/260,000 per year. The activities range from alpine sports, the largest downside artificial ski slope, water sports, rock climbing and bike trails the main tourist development is planned for a 325 acres former forestry plantation on the opposite side of the valley.

The town of Maesteg is accessible for local amenities and shops including supermarkets and have both good road links to the M4 and train stations. The property has already been stripped back ready for works to commence.

Accommodation

Ground Floor: Open plan area having been stripped back ready for work to commence

Tenancies

To be sold with vacant possession

Investors: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email rhys@paulfoshlettings.com for invaluable advice.

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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