Lot 61 - 140 - 141 Woodfield Street, Abertawe, Swansea, SA6 8AW
- Unconditional Online Auction Sale
- Guide Price* : £140,000+
- Bedrooms: 0
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Addendum
The property has been withdrawn from auction.
Lot 61 - Three Storey Former Banking Premises with Potential
Description
ONLINE AUCTION from 20th JUNE-22nd JUNE
The property comprises a substantial size mid terraced, three storey, commercial property previously used as a banking premises.
The premises affords a prominent main road position within an established commercial location, fronting the prime retail area of Woodfield Street. The premises also offers potential for redevelopment (subject to the necessary statutory consents). The current vendor has had architectural plans drawn for two commercial units to the ground floor, and seven flats.
There are parking facilities to the rear which is accessed via a lane accessed directly off Pentrepoeth Road.
We have been informed that local grants may be available to aid with the redevelopment of this property.
Location
Woodfield Street is the main/primary trading location in Morriston, which is an established urban district, approximately 3.5 miles north of Swansea city centre. The character of the surrounding area is predominantly commercial in nature.
Neighbouring occupiers include The Post Office, Co-operative Funeral Care and The Job Centre as well as a number of local independent traders.
The Tawe Vale and Swansea Enterprise Park commercial developments are located close by and Junction 45 of the M4 motorway is approximately 1.5 miles to the north, via the A4067.
Services
The property benefits from gas, water and electric (not tested).
VAT
We have been advised that there is no vat.
Accommodation
| Floor | Area Sq Ft | Area Sq M |
|---|---|---|
| Ground Floor | 2,563.01 | 238.11 |
| First Floor | 650.03 | 60.39 |
| Second Floor | 251.01 | 23.32 |
Outside: Parking spaces to the rear
Tenancies
To be sold with vacant possession
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 £1,200) 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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Related Documents
Auction Finance
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.
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