Due to the Covid 19 pandemic we have moved our current Auction properties to an established and secure online auction platform using the latest real time bidding technology. Should any property be of particular interest, or you should wish to bid, please notify our Auction department at your earliest opportunity so they are able to advise you of when the bidding opens and ends so that you do not miss out. You will also find this information on our web-site where you are able to register your interest for free by clicking on the individual property of interest ‘watch this lot’. Should you be considering selling even in these unprecedented times please call us for expert advice or any help needed on 01792 478903/904 or email auction@dawsonsproperty.co.uk
1, St. Teilo Street Pontarddulais, Swansea, SA4 8TH
For Sale
£300,000
Brief Description
We are delighted to offer for auction this substantial end terrace property offering retail premises to the ground floor and residential premises to the upper floor. The ground floor comprises A1 retail space to the front and rear, mixed with office space and storage areas. There are kitchen and WC facilities within ground floor also. The upper floor comprises of two spacious flats, a two double bedroom flat to the front and a four double bedroom flat to the rear. Both flats benefit from fully fitted kitchens, bathrooms and spacious living rooms and bedrooms.
There is a large attic space to the second floor, which provides a great conversion opportunity. There is also access to the upper floors to the side of the premises and to the rear via the garden. This is an ideal investment opportunity with a potential of a gross annual income of £33,880 per annum. Viewing highly recommended to appreciate the size and potential this property has to offer.
Tenure - TBC
Council Tax Band - Flat 1a - A Flat 2b - A
Full Description
Ground Floor
A1 Retail Space to Front
A1 Retail Space to Rear
Multiple Offices
Storage Areas
Kitchen
Two W.C's
Upper Floors
Flat 1
Hallway
Reception Room
Kitchen
Bathroom
Bedroom 1
Bedroom 2
Flat 2
Hallway
Reception Room
Kitchen
Bathroom
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Attic Floor
Two large rooms with Velux windows, accessed by main staircase from ground floor.
External
Enclosed Rear Patio
Garden/Parking
Council Tax Band
Flat 1A - A
Flat 1B - A
Please note it is the responsibility of all purchasers to conduct their own investigation into all aspects of the property. We recommend reading through the properties legal pack, which is available on our website, prior to bidding and also seek legal advice. If you are successful, you will be required to pay a 10% deposit, together with the buyer’s premium/holding fee and complete in 28 days, therefore we would strongly recommend for you to ensure your finances are in place before the auction, due to the timescales involved.
The holding fee is the buyer’s premium purchase fee which is £3,600. If you are the successful bidder, you are contractually bound to exchange, with a 10% deposit, on the property as per the terms and conditions you agreed to when registering for the auction. With completion being 28 days later unless the contract states otherwise. Should the property sell prior to auction the same fee of £3,600 plus VAT is payable.