Lot 85 - 6 West Street, Gorseinon, Swansea, SA4 4AA
Guide Price* : £275,000+
- Unconditional Online Auction Sale
- 4 Bedrooms
Lot 85 - Three flats and a Commercial unit
Description
ONLINE AUCTION from 15th APRIL-17th APRIL
A mixed use freehold property comprising of a commercial unit and three flats. The property is tenanted and is achieving £36,240 per annum.
The ground floor features a commercial unit currently occupied by the popular barber shop, Trimology. This space has been refurbished to a high standard, boasting an open-plan layout with a pool table and seating area at the front, and treatment stations towards the rear.
The first floor comprises three recently refurbished residential flats: two one-bedroom and one two-bedroom. Each flat includes a kitchen, dining area, bathroom, and master bedroom, all finished to a high standard.
Location
This property occupies a prominent position on West Street, one of the busiest streets in Gorseinon, approximately 5 miles northwest of Swansea and easily accessible via the M4. The area is home to both local and national occupiers, enhancing its investment appeal.
VAT
We have been advised that there is no VAT applicable on the sale of this property.
Council Tax Band
A
Tenancies
The property is tenanted and is achieving £36,240 per annum.
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/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* : £275,000+
- Unconditional Online Auction Sale
- 4 Bedrooms
Lot 85 - Three flats and a Commercial unit
Viewing
Paul Fosh Auctions
Office Contact
Debra Bisley
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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