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
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.
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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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