Lot 92 - Neptune Hotel, Neptune Square, Burry Port, Dyfed, SA16 0EP
- Unconditional Online Auction Sale
- Guide Price* : £255,000
- Bedrooms: 5
- Bathrooms: 6
- Reception Rooms: 3
*****FOR SALE BY ONLINE AUCTION***** AUCTION REGISTRATION IS NOW OPEN.ALL BIDDERS PAY A HOLDING FEE IN ORDER TO BID IN THE ONLINE AUCTION. THE WINNING BIDDER WILL BE REQUIRED TO PAY THE DEPOSIT WHICH IS 10% OF THE FINAL BID AND THEIR HOLDING FEE IS RETAINED BY THE AUCTIONEERS. IF SOLD PRIOR TO AUCTION NO HOLDING FEE APPLIES BUT A BUYERS’ PREMIUM IS REQUIRED TO EXCHANGE. COMPLETION WILL BE 28 DAYS AFTER EXCHANGE. (UNLESS STATED DIFFERENT ON THE CONTRACT) *** PRE-AUCTION OFFERS CONSIDERED***
Description
We are privileged to offer for sale by Online Auction this truly unique and historic blue plaque property, offering an exciting business and investment opportunity. This local landmark is located in the heart of the coastal town of Burry Port, next to the local train station and close to the harbour and all local amenities. The accommodation comprises; bar with raised seating area and cellar access, restaurant dining room, commercial kitchen and toilets to ground floor. Upstairs to first floor is a spacious function room and 3 ensuite bedrooms. Top floor consists of a self-contained flat consisting of fitted kitchen diner, lounge, 2 bedrooms and a family bathroom. Outside there is an area for seating at the front and cellar access to the side. The property has to be seen to appreciate the size and potential.
PLEASE NOTE: It is the responsibility of all purchasers to conduct their own investigation into all aspects of the property and seek legal advice. The Legal Pack will be available on our website prior to bidding commencing. Please note legal packs can be downloaded through The Property Auction House website.
www.thepropertyauctionhouse.com
PAYMENTS
To bid online you will be required to pay a holding fee this will only be withdrawn from your account should you be the successful bidder. To exchange you will be required to pay a 10% deposit and sign the contract within 24 hours and complete the transaction paying the balance of funds within 28 days, (this timescale may vary always read the contract in the Legal Pack for confirmation).We always strongly recommend ensuring your finances are in place prior to the auction, due to the timescales involved.*A buyer’s premium fee is only payable should a property be sold pre auction, this fee is 1% subject to a minimum fee of £2,995.
Key Feature 1
AUCTION REGISTRATION IS NOW OPEN. THE AUCTION WILL COMMENCE MIDDAY FEBRUARY 21st 2024 AND CONCLUDE MIDDAY FEBRUARY 24TH 2024.
Key Feature 2
CLOSE TO TRANSPORT LINKS, HARBOUR AND LOCAL AMENITIES
Key Feature 3
LANDMARK PROPERTY, UNIQUE INVESTMENT OPPORTUNITY
Council Tax Band
B
* 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.
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Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.