261 Oxford Street
Swansea
Wales
SA1 3BR

Town Centre Vacant Retail

  • Pedestrianised Town Centre Location
  • 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
    05/May/2021
  • Vacant Possession
  • Status
    Sold
  • Price*
    £120,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • On Instructions of Administrators at Deloitte
Important Update
  • 261 Oxford Street<br>Swansea<br>Wales<br>SA1 3BR
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

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.

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

FloorUseFloor 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 £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    21.04.21
    File Size
    5 MB
    Login to View
  • Catalogue Page
    Updated Date
    16.04.21
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    16.04.21
    File Size
    888 KB
    View PDF
  • Common Auction conditions
    Updated Date
    16.03.21
    File Size
    687 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859alexander.auterac@acuitus.co.uk
Seller's Solicitors
Shoosmiths LLP (Manchester) The XYZ Building, 2 Hardman Boulevard, Spinningfields
Manchester
M3 3AZ
Hannah Gaskell 03700 865 672hannah.gaskell@shoosmiths.co.uk  Charlotte Duce +44 (0) 3700 864 251 Charlotte.Duce@shoosmiths.co.uk

Useful Links

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