49, Walter Road Swansea, SA1 5PW
For Sale
£160,000
Brief Description
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 5TH OF MARCH 2025 AT 3PM IN THE SWANSEA.COM STADIUM.
The property is situated on Walter Road, the business district in Swansea City Centre. Approximately 10 minutes from the Quadrant Bus Station, the property is easily accessible by public transport.
Briefly, the property comprises a four-storey building with rear parking and bay frontage. Each floor comrpises separated office suites...
The lower ground floor comprises spacious office suites, with a storage room to the rear. There is rear door access on this floor, leading to the parking area.
The ground floor comprises open-plan office suites, benefitting from bay frontage, a cloak room and WC facilities.
The first floor comprises an office suite, spacious meeting room and storage room. This floor also benefits from WC facilities and kitchen facilities.
The second floor comprises two spacious office suites, and a storage room.
Don't miss out on the chance to acquire this ideal investment oppertunity.
Full Description
Ground floor
Hallway
Reception Room 1 - 4.4m x 3.8m (14'5" x 12'5" )
Storage Room - 3.8m x 1.2m (12'5" x 3'11" )
Reception Room 2 - 5.8m x 3.6m (19'0" x 11'9")
Kitchen - 4.9m x 3.8m (16'0" x 12'5" )
Toilet
First Floor
Reception Room 3 - 5.1m x 4.4m (16'8" x 14'5" )
Reception Room 4 - 5.5m x 3.9m (18'0" x 12'9")
Reception Room 5 - 4.9m x 3.6m (16'0" x 11'9")
Toliet
Second Floor
W.C
Third Floor
Reception Room 6 - 5.1m x 4.4m (16'8" x 14'5" )
Kitchen - 3.0m x 1.4m (9'10" x 4'7")
Reception Room 7 - 4.0m x 3.6m (13'1" x 11'9")
Storage Room - 3.9m x 1.3m (12'9" x 4'3" )
Fourth Floor
Reception Room 8 - 5.0m x 3.0m (16'4" x 9'10")
Reception Room 9 - 4.1m x 3.3m (13'5" x 10'9")
Reception Room 10 - 4.0m x 2.4m (13'1" x 7'10"
EPC - TBC
Tenure - Freehold
Services
The property benefits from all mains utilities. Please note that during the course of our inspection, none of these were tested and interested parties should rely on the advice of a contractor.
Size
This accommodation has a Net Internal Area of 199 m2 (2,146 ft2).
Rateable Value
Interested parties should make their own enquiries to ensure this is correct.
Further Information -
As a prospective bidder, it's crucial to understand and adhere to the following key points regarding the auction process:
1. Due Diligence: You are responsible for thoroughly investigating all aspects of the property you intend to bid on. This includes scrutinising the legal pack, which is available upon request from Dawsons Auction House. Make sure to assess property conditions, legal title, and any potential obligations or restrictions.
2. Legal Advice: Seeking legal advice before participating in the auction is highly recommended. This can help clarify any questions or concerns you may have regarding the property or the bidding process.
3. Contractual Obligations: If you are the successful bidder, you will be legally bound to exchange contracts immediately. This requires you to pay a deposit of 10% of the purchase price. Additionally, you will need to pay a buyer's premium of £3,300, which includes VAT. Be prepared to make these payments on the auction day itself, as they are pivotal in securing your purchase.
4. Completion Timeline: The completion of the purchase must occur within 28 days, unless the contract specifies otherwise. Thus, having your finances ready and approved prior to the auction is essential to meet this timeline without complications.
5. Fees: It’s important to note that the buyer’s premium of £3,300 (inclusive of VAT) applies even if the property sells before the auction event.
By ensuring you are well-informed and prepared, you can navigate the auction process more effectively.
Floor Plan
