Former Neath Depot, Station Approach, Station Square, Neath, West Glamorgan, SA11 1BY

Former depot with redevelopment potential subject to planning

Guide price*

£150,000+

Plus fees

Sold prior to auction, for an undisclosed amount

Pound sign

Finance available on this property

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Lot 159 Land/Development
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Auction details:

Wednesday 11th December 2019 @ 10:30AM

Holte Suite, Aston Villa FC, Trinity Rd, Birmingham B6 6HE

A PREDOMINANTLY FREEHOLD FORMER DEPOT WITH REDEVELOPMENT POTENTIAL, SUBJECT TO OBTAINING THE APPROPRIATE PLANNING PERMISSION. CLOSE TO NEATH TOWN CENTRE AND EXTENDING TO APPROXIMATELY 1.67 ACRES (0.67 HECTARES)

Property Description

The subject property was formerly used as railway storage depot adjacent to Neath Railway Station and extending to approximately 1.67 acres (0.67 hectares). The accommodation which has been mothballed for several years includes a former goods shed and various ancillary accommodation and outbuildings. The property is considered suitable for refurbishment to create smaller commercial/industrial units, demolition to provide open storage or redevelopment for a variety of alternative uses subject to obtaining the appropriate planning permission.

Location

The property is situated in close proximity to Neath town centre approximately 5 miles from junction 43 of the M4 motorway immediately adjacent to Neath Railway Station, the depot is accessed via Station Square and across a Network Railway car park, off the B4434 Windsor Road.
The South Wales main line railway runs along the western boundary with residential dwellings off Charles Street, Osbourne Street and King Street bordering the site to the east.

Energy Performance Rating

E.

Tenure

The site is predominantly Freehold. The area shaded blue is long Leasehold for a term of 125 years with effect from 1st April 1994, expiring 31st March 2119, at a peppercorn rent. Vacant possession will be available upon completion.

Ground Conditions & Contamination

Prospective buyers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose.

Plans

Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

Rights of way, wayleaves, easements, restrictive covenants etc.

The site is sold subject to, or with the benefit of any rights of way, wayleaves, restrictive covenants etc. which may exist whether mentioned in these particulars or not.

Value Added Tax

We understand that VAT is not chargeable on this transaction.

Viewings

Strictly by appointment with the Auctioneers.
DISCLAIMER

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

REMOTE BIDDING AUCTION

Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only.  You must pre-register to bid for each auction no later than 24 hours prior to the auction.  Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,680 inc VAT (£1,400.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for
the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘lot information’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Remote bidding registration