Guide price
£225,000
(£20.34/sq. ft)
Pub/bar for saleBrighton Road, Swansea SA4
11,060 sq. ft
About this property
For sale by public auction
Wednesday 5th of March 2025
The stadium
Ideal Investment Oppertunity
Tenure - Freehold
Ground Floor
Lobby
Entrance Hall
Hall
WC
Office 1 15'10" x 9'9" (4.83m x 2.98m)
Bar Area 39'7" x 31'11" (12.07m x 9.74m)
Bar 1 29'3" x 8'3" (8.94m x 2.52m)
Office 2 15'10" x 25'2" (4.83m x 7.69m)
Bar Area 1 39'7" x 32'9" (12.07m x 10.00m)
Male W.C.
Female W.C.
Bar 2 21'9" x 8'10" (6.65m x 2.71m)
Entertainment Area 46'1" x 57'10" (14.06m x 17.64m)
Hall
Kitchen 9'3" x 11'7" (2.84m x 3.55m)
Stage 36'9" x 17'0" (11.22m x 5.19m)
W.C.
First Floor
Landing
W.C.
1st Floor Office 25'6" x 15'11" (7.78 x 4.87m)
Snooker Room 31'8" x 32'9":180'5" (9.67m x 10:55m)
Basement
Cellar 1 15'4" x 20'6" (4.68m x 6.27m)
Cellar 2 15'8" x 11'5" (4.78m x 3.48m)
Cellar 3 24'0" x 15'4" (7.33m x 4.68m)
Storage 14'11" x 6'4" (4.56m x 1.94m)
Tenure - Freehold
Ratable Value -
Interested parties are advised to discuss the rateable value and business rates payable with the local authority.
Services -
The property benefits from all main utilities/water and electric utilities. Please note, these were not tested during the course of our inspection.
Further Information
As a prospective bidder, it's crucial to understand and adhere to the following key points regarding the auction process:
1. Due Diligence: You are responsible for thoroughly investigating all aspects of the property you intend to bid on. This includes scrutinising the legal pack, which is available upon request from Dawsons Auction House. Make sure to assess property conditions, legal
title, and any potential obligations or restrictions.
2. Legal Advice: Seeking legal advice before participating in the auction is highly recommended. This can help clarify any questions or concerns you may have regarding the property or the bidding process.
3. Contractual Obligations: If you are the successful bidder, you will be legally bound to exchange contracts immediately. This requires you to pay a deposit of 10% of the purchase price. Additionally, you will need to pay a buyer's premium of £3,300, which includes VAT. Be
prepared to make these payments on the auction day itself, as they are pivotal in securing your purchase.
4. Completion Timeline: The completion of the purchase must occur within 28 days, unless the contract specifies otherwise. Thus, having your finances ready and approved prior to the auction is essential to meet this timeline without complications.
5. Fees: It’s important to note that the buyer’s premium of £3,300 (inclusive of VAT) applies even if the property sells before the auction event.
By ensuring you are well-informed and prepared, you can navigate the auction process more effectively.
Lobby
Entrance Hall
Hall
WC
Office 1 15'10" x 9'9" (4.83m x 2.98m)
Bar Area 39'7" x 31'11" (12.07m x 9.74m)
Bar 1 29'3" x 8'3" (8.94m x 2.52m)
Office 2 15'10" x 25'2" (4.83m x 7.69m)
Bar Area 1 39'7" x 32'9" (12.07m x 10.00m)
Male W.C.
Female W.C.
Bar 2 21'9" x 8'10" (6.65m x 2.71m)
Entertainment Area 46'1" x 57'10" (14.06m x 17.64m)
Hall
Kitchen 9'3" x 11'7" (2.84m x 3.55m)
Stage 36'9" x 17'0" (11.22m x 5.19m)
W.C.
First Floor
Landing
W.C.
1st Floor Office 25'6" x 15'11" (7.78 x 4.87m)
Snooker Room 31'8" x 32'9":180'5" (9.67m x 10:55m)
Basement
Cellar 1 15'4" x 20'6" (4.68m x 6.27m)
Cellar 2 15'8" x 11'5" (4.78m x 3.48m)
Cellar 3 24'0" x 15'4" (7.33m x 4.68m)
Storage 14'11" x 6'4" (4.56m x 1.94m)
Tenure - Freehold
Ratable Value -
Interested parties are advised to discuss the rateable value and business rates payable with the local authority.
Services -
The property benefits from all main utilities/water and electric utilities. Please note, these were not tested during the course of our inspection.
Further Information
As a prospective bidder, it's crucial to understand and adhere to the following key points regarding the auction process:
1. Due Diligence: You are responsible for thoroughly investigating all aspects of the property you intend to bid on. This includes scrutinising the legal pack, which is available upon request from Dawsons Auction House. Make sure to assess property conditions, legal
title, and any potential obligations or restrictions.
2. Legal Advice: Seeking legal advice before participating in the auction is highly recommended. This can help clarify any questions or concerns you may have regarding the property or the bidding process.
3. Contractual Obligations: If you are the successful bidder, you will be legally bound to exchange contracts immediately. This requires you to pay a deposit of 10% of the purchase price. Additionally, you will need to pay a buyer's premium of £3,300, which includes VAT. Be
prepared to make these payments on the auction day itself, as they are pivotal in securing your purchase.
4. Completion Timeline: The completion of the purchase must occur within 28 days, unless the contract specifies otherwise. Thus, having your finances ready and approved prior to the auction is essential to meet this timeline without complications.
5. Fees: It’s important to note that the buyer’s premium of £3,300 (inclusive of VAT) applies even if the property sells before the auction event.
By ensuring you are well-informed and prepared, you can navigate the auction process more effectively.
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