13 John Street, Llanelli, SA15 1UH
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Industrial development for sale
Description
ONLINE AUCTION from 2nd SEPTEMBER-4th SEPTEMBER
A commercial unit with planning permission to develop into 2 x 2-bedroom flats. The proposed plans consist of a ground floor two bedroom with large open plan kitchen/diner, two double bedrooms, bathroom, storage, and patio. The first floor flat consists of kitchen/diner, living room, two bedrooms, and bathroom.
Open market rental value £750 PCM per flat - Total £1500 per 2 flats
You wouldn't be able to use grant money if you rented privately.
The property could possibly benefit from a council grant, however subject to application and T&Cs.
Lease scheme - Figures below are indicative and should be checked with local authority.
The current owner has been granted but you would need to re-apply.
£487.50 PCM per flat guaranteed money Total £975 PCM . Depends on what timescales you go for lease wise.
25 - year lease will get you £30K grant made up of £25k grant money and £5K EPC grant. Total £30K per flat. Total £60,000.
5 - year lease will get you £15K grant made up of £10k grant money and £5K EPC grant. Total £15K per flat. Total £30,000.
Services:
Gas, Electric, Mains water, Main drainage.
Rear lane access - The property benefits from a designated private parking space at the front of the property.
Location:
Llanelli lies on the Carmarthen Estuary 20 minutes drive to the city of Swansea and within easy proximity of the M4 motorway and providing a busy town centre close to the property with busy shopping precinct and wide range of amenities.
VIRTUAL TOUR
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
To be sold with vacant possession
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email for invaluable advice.
Brochures
13 John Street, Llanelli, SA15 1UH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Llanelli Station0.5 miles
- Bynea Station2.8 miles
- Llangennech Station3.7 miles
Notes
Disclaimer - Property reference 304751. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Commercial, South Wales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Commercial, South Wales on 01633 603812.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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