Lot 62 - The Grange Eglwys Nunnydd, Eglwys Nunnydd, Margam, Port Talbot, West Glamorgan, SA13 2SP

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Lot 62 - The Grange Eglwys Nunnydd, Eglwys Nunnydd, Margam, Port Talbot, West Glamorgan, SA13 2SP

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Guide Price* : £164,000+

  • Unconditional Online Auction Sale

Lot 62 - Office Building with Redevelopment Potential (STP)

Description

ONLINE AUCTION from 23rd JUNE - 25th JUNE

A substantial detached office building occupying a highly prominent position within Port Talbot, with convenient access to Junction 38 of the M4 Motorway. The property extends to approximately 912 sq m over three floors and occupies a self-contained site with extensive private car parking.

The property is offered with vacant possession and presents an excellent opportunity for owner occupiers, investors and developers alike. The accommodation is currently arranged to provide a mixture of reception areas, meeting rooms, private offices and ancillary accommodation.

The property offers significant asset management and redevelopment potential, subject to obtaining the necessary planning consents. Purchasers may wish to occupy the building for their own business purposes, subdivide the accommodation to create multiple office suites for rental income, or explore alternative commercial uses, residential conversion, or comprehensive redevelopment opportunities, subject to all necessary consents.

The building is situated adjacent to Neath Port Talbot College Campus and benefits from excellent transport links together with a prominent roadside position. Interested parties should rely on their own enquiries regarding the current lawful use and any proposed future use of the property.

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 lettings@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/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.

Virtual tour

Guide Price* : £164,000+

  • Unconditional Online Auction Sale

Lot 62 - Office Building with Redevelopment Potential (STP)

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Lot 62 - The Grange Eglwys Nunnydd, Eglwys Nunnydd, Margam, Port Talbot, West Glamorgan, SA13 2SP

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