For Sale By Auction | 11:30, 22 February 2017 | Lot 81

97 Station Road, Port Talbot, West Glamorgan, SA13 1NR

*Guide | £175,000+ (plus fees)

  • Commercial Development
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 22/02/2017

Auction Time

11:30

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Commercial Investment Measuring Approximately 1,634 sq ft (151.8 sq m) with Residential Uppers Let to the British Heart Foundation Producing £19,750 per annum.

The property comprises a a mid terrace building arranged over ground and first floors currently arranged as a ground floor shop with a first floor self-contained flat.

Tenure

Freehold

Location

The property forms part of an established parade on a busy main road in Port Talbot amongst local shops and amenities. Nearby multiples include Tesco, Halifax and Lloyds Bank. Transport links are provided by Port Talbot Parkway rail station.

Accommodation

Ground Floor Shop Area Gross Frontage 19' 4"-17' 5" Shop Depth 96' 7" First Floor Self-Contained Flat (Not Inspected)

Tenancy

The entire property is subject to an FRI Lease Let to the British Heart Foundation for a term of 10 years commencing 27th March 2010 at a rent of £19,750 per annum with a rent review every five years.

VAT

VAT is applicable

Viewing Details

Commercial premises access during open hours only.

Legal Pack Received

False

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.