Auction House London

Lot 75

Land - Land 

37 Pontardawe Road

Clydach, Swansea, West Glamorgan, SA6 5NS

£185,000+

Guide Price (plus fees)

A Freehold Site Measuring Approximately 0.290 hectares (0.717 acres) Comprising a Former Council Depot and Buildings. Potential for Development (Subject to Obtaining all Relevant Consents). A Substation on the Site is Sold Off on a Lease Producing £60 per annum (23 Years Unexpired).

Description

The property comprises a site on two separate titles measuring approximately 0.29 hectares (0.717 acres) currently occupied by various buildings, stores, offices and an electricity substation.

Tenure

Freehold

Location

The site is situated on a mainly residential road close to local shops and amenities. The open spaces of Coed Gwilym Park are also within close proximity, Transport links are provided by Llansamlet rail station.

Tenancy

The electricity sub-station is subject to a lease in favour of South Wales Electricity plc for a term of 50 years from 20th February 1990 (thus having approximately 23 years unexpired) at a ground rent of £60 per annum.

Additional Fees and Disclaimer

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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Open Site For further information, please register for the legal pack. For all enquiries, please contact Jordan Phillips at jordan@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 37 Pontardawe Road, Clydach, Swansea, West Glamorgan, SA6 5NS

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