66 Herbert Street, Pontardawe, Swansea SA8 4ED
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- GUIDE PRICE - £85,000 +
Description
Bidding opens Monday 17th June 2024 at 12:00 and closes Wednesday 20th June 2024 at 12:00.
Commercial Investment/Development
An attractive substantial mid terrace building currently occupied by Lloyds Bank who are currently paying £12,000 per annum. The current lease ends on the 24th December 2024, therefore, any potential buyers will gain from a potential dilapidation claim on the tenants exit. The accommodation is set over three levels with part of the first and second floor has been sold off on a long leasehold basis. In our opinion the remainder of the upper floors may suit residential conversion subject to all necessary consents. To the rear is a generous car park for numerous vehicles. We are advised that the accommodation measures approximately 2440 sqft/226 sqm
The building is located on the high street of this popular town, alongside a mixture of neighbouring retailers. Good access is also offered to the M4 and Swansea City Centre.
Outside Generous car park for numerous vehicles.
Tenancies Current lease term at £12,000 per annum ending 24th December 2024
Viewings External Only, further information can be obtained from the Auctioneers office on
Tenure: See Legal Pack
EPC Rating: E
Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
66 Herbert Street, Pontardawe, Swansea SA8 4ED
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Skewen Station4.0 miles
- Llansamlet Station4.3 miles
- Neath Station4.4 miles
About the agent
Auction House, Wales
Gold Tops House, 8a Pentonville, Newport, NP20 5HB
Auction House South Wales is a land and property auction specialist. With a number of UK Auction Rooms and the strength of a national brand, we use our local knowledge alongside both local and national advertising.
Selling or buying by auction is suitable for a range of assets:
· Properties for Improvement
· Unique Properties
· Tenanted Properties
· Land (with or without planning permission)
· Residential Investments
· Commercial Properties
· De
Notes
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