Auction House London

Lot 66

Hotel - Commercial Property 

The White House

4 Nyanza Terrace, Swansea, West Glamorgan, SA1 4QQ

Withdrawn Prior

A Vacant Fourteen Bedroom End of Terrace Hotel

By Order of the LPA Receivers

Description

The property comprises an end of terrace fourteen bedroom hotel arranged over lower ground, ground and two upper floors.

Tenure

Freehold

Location

The property is situated on a residential road west of the City Centre and close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by Swansea rail station.

Exterior

The property benefits from a communal seating area and a large rear car park.

Tenancy

The hotel produced turnover of £200,995 and net profit of £49,793 for the year 2019. Latest detailed accounts have been uploaded to the legal pack.

Note

The property previously featured on the Channel 4 series: Four in a Bed (10th Apr 2019).

Accommodation Schedule

Floor Accommodation
Lower Ground 1 x Double/Family Bedroom with en-suite
Ground Lobby, Store room, Laundry room, 2 x Double bedrooms with en-suite, 1 x Double Bedroom with adjacent bathroom, 1 x Single Bedroom with en-suite
First 4 x Double bedrooms all with en-suite, 2 x Single bedrooms with en-suite
Second 3 x Double bedrooms with en-suite

Joint Agent

Additional Fees and Disclaimer

Administration charge: £1,500 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.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. 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.

Enquire NowFinance AvailableStamp Duty CalculatorRegister to Bid
Viewings by Appointment Only For further information, please register for the legal pack. For all enquiries, please contact Jamie Weir at jamie.weir@auctionhouselondon.co.uk *Viewing times below* Saturday 25th July 12:00 - 12:30 - CANCELLED
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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Lot 67

The Castle Hotel 50 New Barns Road, Ely, Cambridgeshire, CB7 4PW

*Sold for £625,000

Enquire about The White House, 4 Nyanza Terrace, Swansea, West Glamorgan, SA1 4QQ

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