AUCTION REGISTRATION IS NOW OPEN
THE BIDDING WILL OPEN ON THE 17TH DECEMBER 2024 AT 12 NOON AND WILL CLOSE ON THE 17TH DECEMBER 2024 AT 2PM.
A unique opportunity to purchase this detached Engineering Offices, Stores and keep, class B2, filled with a huge amount of potential for development or a commercial unit as it stands. The property is located in the very popular area, Castle Road, Mumbles, close to great schools, local amenities, The famous Mumbles promenade and coastal pathways for miles.
Internally the property comprises 7 store rooms, a kitchenette and a WC across a split level area. This is a fantastic commercial property, that offers a lot of potential.
There has also been a mixed decision pre app to demolish the existing building (use class B2) and construct a pair of semi-detached dwellings (use class C3) You can find more information regarding this with the reference number 2021/1515/PRE. We feel the development potential is extremely attractive for anyone looking to buy and develop properties in Mumbles.
We would highly recommend you a viewing.
Store Room 1 32'7" x 23'3" (9.94m x 7.09m)
Store Room 2 32'5" x 15'0" (9.9m x 4.59m)
Office 1 21'7" x 8'5" (6.6m x 2.57m)
Office 2 18'10" x 9'8" (5.76m x 2.95m)
Store Room 3 13'8" x 9'8" (4.18m x 2.95m)
Store Room 4 12'5" x 4'7" min 7'9" max (3.81m x 1.4m min 2.38m max)
Store Room 6 10'6" x 6'0" (3.22m x 1.84m)
Kitchen Area 8'5" x 6'6" (2.57m x 2.0m)
W.C
Tenure - Freehold
Further Information
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 £3,000 plus VAT is payable.
N.B
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