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Withdrawn | Lot 66

The White House, 4 Nyanza Terrace, Swansea, West Glamorgan, SA1 4QQ

Withdrawn

  • Hotel
  • 14 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Thu 30/07/2020

Auction Time

12:30

Auction Venue

Live Stream Only

Viewing Times:

Tue 21 Jul

12:00-12:30

Thu 23 Jul

12:00-12:30

Tue 28 Jul

12:00-12:30

Wed 29 Jul

12:00-12:30

A Vacant Fourteen Bedroom End of Terrace Hotel

The property comprises an end of terrace fourteen bedroom hotel arranged over lower ground, ground and two upper floors.

Tenure

Freehold

By Order of the LPA Receivers

Location

The property is situated on a residential road west of the City Centre and close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by Swansea rail station.

Exterior

The property benefits from a communal seating area and a large rear car park.

Tenancy

The hotel produced turnover of £200,995 and net profit of £49,793 for the year 2019. Latest detailed accounts have been uploaded to the legal pack.

The property previously featured on the Channel 4 series: Four in a Bed (10th Apr 2019).

Services

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

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

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