MapGuide price
£295,000Property for sale
25 Station Road, Port Talbot, West Glamorgan, SA13 1NN
Auction
Property
Features and description
- Tenure: Freehold
- Advised Freehold to be verified by solicitor
- Restaurant to be sold with vacant possession but previously let at £20 K per annum Total annual income from flats £20,940
FOR SALE BY AUCTION - -Lot 50 - Commercial/Residential Investment Opportunity
ONLINE AUCTION from 29th AUGUST-31st AUGUST
A substantial freehold building comprising a ground floor restaurant/bar & four flats above. The restaurant is sold with vacant possession but was previously let at £20k p/a whereas the flats are let with an annual income of £20,940.
The restaurant has been refurbished in a modern contemporary style to a high standard and previously traded at a tapas bar but would suit other potential types of restaurants/bar use.
The property is situated in a prominent position in Port Talbot town centre close to other hospitality businesses, shops and amenities and just a short distance from the train station.
Virtual Tour:
AccommodationFloorDescriptionRentGround FloorRestaurant & bar area with seats for 60 and ladies and gents w.c, kitchen prep area office/store and cellar approx. 2oo sq metresFirst FloorFlat B (studio) - Entrance, lounge/bedroom, kitchen, bathroom£400 pcmFirst FloorFlat C - Entrance hall, bedroom, lounge, kitchen, bathroom£450 pcmSecond FloorFlat D - Entrance, lounge, 2 bedrooms, bathroom, kitchen£400 pcmSecond FloorFlat A - Entrance, lounge/kitchen, 2 bedrooms, bathroom£495 pcmTotal annual income£20,940
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
Restaurant to be sold with vacant possession but previously let at £20K per annum
Total annual income from flats £20,940
ONLINE AUCTION from 29th AUGUST-31st AUGUST
A substantial freehold building comprising a ground floor restaurant/bar & four flats above. The restaurant is sold with vacant possession but was previously let at £20k p/a whereas the flats are let with an annual income of £20,940.
The restaurant has been refurbished in a modern contemporary style to a high standard and previously traded at a tapas bar but would suit other potential types of restaurants/bar use.
The property is situated in a prominent position in Port Talbot town centre close to other hospitality businesses, shops and amenities and just a short distance from the train station.
Virtual Tour:
AccommodationFloorDescriptionRentGround FloorRestaurant & bar area with seats for 60 and ladies and gents w.c, kitchen prep area office/store and cellar approx. 2oo sq metresFirst FloorFlat B (studio) - Entrance, lounge/bedroom, kitchen, bathroom£400 pcmFirst FloorFlat C - Entrance hall, bedroom, lounge, kitchen, bathroom£450 pcmSecond FloorFlat D - Entrance, lounge, 2 bedrooms, bathroom, kitchen£400 pcmSecond FloorFlat A - Entrance, lounge/kitchen, 2 bedrooms, bathroom£495 pcmTotal annual income£20,940
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
Restaurant to be sold with vacant possession but previously let at £20K per annum
Total annual income from flats £20,940
About this agent
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.