Withdrawn prior to auction

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6 week completion

Prime Mumbles sea front development (8298 sq ft, source EPC) comprising a large ground floor restaurant / bar and 10 x en-suite letting rooms across the first and second floors. Planning granted for conversion of the upper parts to create 5 x 3 bedroom apartments with sea views and subdivision of the ground floor to create 3 commercial units. Freehold, vacant.

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Description/Location

Planning granted 09/09/2018 Ref: 2017/2687/FUL for conversion of 10 hotel rooms to 5 x 3 bedroom apartments, all with stunning sea views and division of the ground floor to create 3 x A1/A3 commercial units.

Tenure

Freehold with vacant possession.

Local Authority

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Ground, First & Second Floors: 8298 sq ft (source EPC). Outside: Outside space to rear with vehicle access.

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.