Adjacent Barclays Bank and near to Lloyds, Natwest, HSBC, McDonalds, Costa, O2, Burger King and Primark
Public Car Park at the rear
Within 1/2 a mile of Swansea Marina and 1.5 miles of Swansea University
Lot 40
Auction 5th May 2021
Vacant Possession
Status Sold
Price £120,000
Sector High Street Retail
Auction Venue Live Streamed Auction
On Instructions of Administrators at Deloitte
Property Information
Location
Miles
40 miles west of Cardiff
78 miles west of Bristol
Roads
A483, M4 (J42)
Rail
Swansea Railway Station
Air
Cardiff Airport
Situation
Swansea is the second largest city in Wales with a population of circa 240,000. The property is prominently located in the heart of Swansea City Centre, 1.5 miles north-west of Swansea University, on the north side of the busy pedestrianised Oxford Street, Swansea's prime retailing thoroughfare. Neighbouring occupiers include Sports Direct, H&M, Costa Coffee, Lloyds Bank, Barclays Bank and McDonald's.
Tenure
Leasehold. Held for a term of 99 years from 25th March 1953 at a ground rent £625 per annum.
Location
Miles
40 miles west of Cardiff
78 miles west of Bristol
Roads
A483, M4 (J42)
Rail
Swansea Railway Station
Air
Cardiff Airport
Situation
Swansea is the second largest city in Wales with a population of circa 240,000. The property is prominently located in the heart of Swansea City Centre, 1.5 miles north-west of Swansea University, on the north side of the busy pedestrianised Oxford Street, Swansea's prime retailing thoroughfare. Neighbouring occupiers include Sports Direct, H&M, Costa Coffee, Lloyds Bank, Barclays Bank and McDonald's.
Tenure
Leasehold. Held for a term of 99 years from 25th March 1953 at a ground rent £625 per annum.
Description
The property comprises a ground floor shop with ancillary accommodation on the first and second floors.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Joint Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Administrators to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Joint Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Viewings
Block viewing will be arranged - please email alexander.auterac@acuitus.co.uk
EPC
See legal pack at www.acuitus.co.uk
Description
The property comprises a ground floor shop with ancillary accommodation on the first and second floors.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Joint Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Administrators to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Joint Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Viewings
Block viewing will be arranged - please email alexander.auterac@acuitus.co.uk
EPC
See legal pack at www.acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Possession
Ground First Second
Retail Ancillary Ancillary
126.14 sq m 120.57 sq m 116.40 sq m
(1,358 sq ft) (1,298 sq ft) (1,254 sq ft)
Vacant
Total
363.11 sq m
(3,908 sq ft)
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
