Lot 70 - 8 Strand, Swansea, Swansea, SA1 2AE
Lot 70 - 8 Strand, Swansea, Swansea, SA1 2AE
Guide Price* : £89,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
Lot 70 - Commercial Opportunity
Description
ONLINE AUCTION from 14th APRIL-16th APRIL
A three-storey end-terrace property, formerly used as a public house, is currently in need of redevelopment.
There is potential to create apartments on the upper floors, with further scope to extend upwards, subject to the necessary planning consents.
The property is not currently trading and the premises licence will require renewal. The property is vacant and in need of full restoration works.
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 sarah@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.
Guide Price* : £89,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
Lot 70 - Commercial Opportunity
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
Documents
Legal Documents
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