Lot 12 - 7 Maescanner Road, Llanelli, SA14 8LR

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Lot 12 - 7 Maescanner Road, Llanelli, SA14 8LR

Addendum

The property has been withdrawn from auction.

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Guide Price* : £55,000+

  • Unconditional Online Auction Sale
  • 2 Bedrooms

Lot 12 - Mixed Use Development

Description

ONLINE AUCTION from 27th AUGUST-29th AUGUST

The property has a commercial use to the ground floor with a two bedroom apartment to the first floor.  The ground floor premises was previously a pizza take away and is currently being renovated. The first floor flat is also midway through renovation. 

It is anticipated that the commercial premises will achieve a monthly rental of £600 per month once works have been completed. We estimate a monthly rental of £625 for the flat. This gives the property a potential income of £1,250 pcm or £15,000 per annum. Please contact the auction department for further information.

There is a garden to the rear of the premises.

Location
Situated in the heart of Dafen, Llanelli. Located near Prince Phillip Hospital, Trostre & Pemberton Retail Parks, schools, local amenities and a 10 minute drive to the M4.

The property is located on a primarily residential road, although there is a post office and a chemist at the end of the road.  

Council Tax Band

B

Tenancies

To be sold with vacant possession

Tenure

Advised Leasehold - to be verified by solicitor - Approx. 14 years remaining. Please see legal pack for further information

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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.

Guide Price* : £55,000+

  • Unconditional Online Auction Sale
  • 2 Bedrooms

Lot 12 - Mixed Use Development

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Paul Fosh Auctions

info@paulfoshauctions.com 01633 254044

Office Contact

Debra Bisley

debra@paulfoshauctions.com
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Lot 12 - 7 Maescanner Road, Llanelli, SA14 8LR

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