Substantial three storey property in the centre of Neath extending to approximately 3,500 sqft (325sqm).
The property is in need of complete internal renovation but and improvement but the building itself does appear to be in reasonable external order and briefly comprises a former tearoom to the ground floor (not inspected at time of advertising) and two further upper floors which are in need of improvement.
We understand that planning was previously approved for these upper floors to be converted to four apartments but interested parties are invited to examine these plans on the Neath Port Talbot planning portal (Ref - P2017/0890) and make their own enquiries in regards to future development.
13 Old Market Street is close to the centre of Neath and backs onto St Thomas's church and is only a 1 minute walk away from the pedestrianised centre of Wind and Green Street.
Please see the full 3D VR walkthrough of the upper floors.
Informed Freehold – please refer to legal pack for verification of tenure
Viewing by appointment with Seel and Co – www.seelandco.com/auctions
Buyer's Premium - 1.20% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Auctioneers Office, Seel and Co (029) 2037 0117
FOR SALE BY PUBLIC AUCTION on Tuesday, 29 April 2025 online via the Seel and Co website. Bidding will commence from midday on Monday, 10 April and conclude in order from Lot 1 at 4:00 pm on Tuesday, 29 April 2025
We've partnered with Cornerstone Commercial Finance to offer a wide range of finance options from bridging loans to development finance.
Apply for Finance* 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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
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.
