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.
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.