Site 4 (iii), Phoenix Way, Swansea, West Glamorgan, SA7 9DD
Result: Sold for £7,500 Guide price: Reserve Below £500*
Monday, 25th March 2019 11:00am
Location & Description
Comprising 5 buildings on an established commercial estate within the Swansea Enterprise Park, south of the A48 which links with the M4 (Junction 44).
The leasehold is subject to 5 under leases each approximately 80 years and expiring on 13.06.2085 at a peppercorn.
Each leaseholder shares responsibility for the service charge.
A term of years from 10.12.2004 to 15.06.2085 at a peppercorn.
1. VAT is payable
2. The seller advises that there are approximately £23,000 of service charge arrears . The seller will not seek these from the buyer if these are recovered from the under lessees.
Notwithstanding the auction particulars, VAT is not payable.