Due to the Covid 19 pandemic we have moved our current Auction properties to an established and secure online auction platform using the latest real time bidding technology. Should any property be of particular interest, or you should wish to bid, please notify our Auction department at your earliest opportunity so they are able to advise you of when the bidding opens and ends so that you do not miss out. You will also find this information on our web-site where you are able to register your interest for free by clicking on the individual property of interest ‘watch this lot’. Should you be considering selling even in these unprecedented times please call us for expert advice or any help needed on 01792 478903/904 or email auction@dawsonsproperty.co.uk
Cafe 93, 93 Newton Road, Mumbles, Swansea, SA3 4BN
Sold
£275,000
Brief Description
FOR SALE BY ONLINE AUCTION.
Located in the brilliant retail area of Mumbles. Popular with boutiques, Newton Road attracts occupiers like cafes, restaurants, jewellers and estate agents. Comprising a mixed use premises with the ground floor and first floor being utilised as a café. The ground floor comprises open plan seating with service area, accessible W.C facilities, kitchen, and ancillary stores. The first floor comprises additional seating with pot wash, and further W.C facilities. The second floor comprises a one bedroom flat which has been previously let at a rent of £480 PCM.
PLEASE BE ADVISED THAT WHILST VIEWINGS ARE RESTRICTED THE PROPERTY WILL NOT BE ENTERED INTO AN ONLINE AUCTION UNTIL THE LEGAL PACK IS COMPLETE AND THERE IS SUFFICIENT INTEREST FOR BIDDING TO COMMENCE. ANY OFFER IS SUBJECT TO AN AUCTION EXCHANGE OF A 10% DEPOSIT, BUYERS PREMIUM AND 28 DAY COMPLETION.
Full Description
SUMMARY
Located in the brilliant retail area of Mumbles. Popular with boutiques, Newton Road attracts occupiers like cafes, restaurants, jewellers and estate agents. Comprising a mixed use premises with the ground floor and first floor being utilised as a café. The ground floor comprises open plan seating with service area, accessible W.C facilities, kitchen, and ancillary stores. The first floor comprises additional seating with pot wash, and further W.C facilities.
The second floor comprises a one bedroom flat which has been previously let at a rent of £480 PCM.
The property benefits from all mains utilities. No utilities were tested during the course of our inspection. The commercial premises has a net internal area of 108 m2 (1,162). The Freehold interest in our clients premises is available.
Subject to relevant planning application and building regulations the property could be reverted back to a full residential property.
We advise that all fixtures and fittings are not included within the price however they are available, if the right sale price was agreed on an open to offer basis.
The premises has a rateable value of £16,750 (2017). Interested parties should discuss the rates payable with the local authority or valuation office directly.
Viewing please contact the sole selling agent, Dawsons, on the contact details below.
EPC -Commercial B / Flat - E
N.B
Upon exchange, a 10% deposit is required. In addition, a Buyer's Premium fee is payable. This fee is 0.5% + VAT subject to a minimum fee of £950 plus VAT (£1,140).
Should the property go to an online auction a different fee is payable. A holding fee of £2,500 is payable to secure the property. You then have two days to exchange with a 10% deposit.
TENURE: Freehold
COUNCIL TAX: B
EPC RATING: Commercial - B / Flat - E
VIEWING: STRICTLY VIA VENDORS AGENTS. DAWSONS TEL: 01792 478903/04
NB: All successful Purchasers will be subject to a buyers premium. Legal packs can be
downloaded through the Dawsons website www.dawsonsproperty.co.uk
Floor Plan
