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6 West Street, Gorseinon, Swansea, SA4 4AA

6 West Street, Gorseinon, Swansea, SA4 4AA

£290,000
Mixed Use
About this Property
2025-02-04
290000
Traditional
Mixed Use
Description

ONLINE AUCTION from 4th FEBRUARY-6th FEBRUARY A mixed use freehold property comprising of a commercial unit and three flats. The property is tenanted and is achieving £36,240 per annum. The ground floor features a commercial unit currently occupied by the popular barber shop, Trimology. This space has been refurbished to a high standard, boasting an open-plan layout with a pool table and seating area at the front, and treatment stations towards the rear. The first floor comprises three recently refurbished residential flats: two one-bedroom and one two-bedroom. Each flat includes a kitchen, dining area, bathroom, and master bedroom, all finished to a high standard. Location This property occupies a prominent position on West Street, one of the busiest streets in Gorseinon, approximately 5 miles northwest of Swansea and easily accessible via the M4. The area is home to both local and national occupiers, enhancing its investment appeal. VAT We have been advised that there is no VAT applicable on the sale of this property. Council Tax Band A Tenancies The property is tenanted and is achieving £36,240 per annum. Tenure Advised Freehold - to be verified by solicitor Auction Fees And Additional Costs Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated. Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details. * Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Location
More Information
Freehold
West Street
Mixed Used Property for Investment
Planing Authority
Swansea
Sold Price History
21 Jan 2022Sold£220,000
11 Mar 2025Unsold Lot Paul Fosh Auctions Limited£294,000
15 Apr 2025Unsold Lot Paul Fosh Auctions Limited£275,000

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