Land adjacent to 130 Neath Road, Briton Ferry, Neath, SA11 2AQ
£15,000
Investment
Key Features
- Freehold land measuring approximately 163.56 sq m (1,761 sq ft)
- Occupied by a single Advertising Hoarding with current rent reserved at £3,500 pa (equivalent)
- Potential development opportunity (STP)
Part of the
15 August 2019
auction
Nottingham Racecourse
at
2.30PM
Freehold land with benefit of advertising hoarding. Current rent reserved £3,500 pa (equivalent)
- Freehold land
- Site area approximately 163.56 sq m (1,761 sq ft)
- Occupied by a single Advertising Hoarding
- Subject to an Assured Shorthold Tenancy
- Prominant possition fronting Neath Road
- To the North of its junction with Regents Street East
- Shops and amenities in the immediate vicinity
- Briton Ferry rail station located within walking distance
- M4 motorway is accessible nearby to the West
- Local authority: Neath Port Talbot County Borough Council
- Potential development opportunity (STP)
At any time from Neath Road
Fees
A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Freehold subject to an Assured Shorthold Tenancy at £3,500 pa (equivalent)
Email: null
Telephone: 01246 231288