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Unit 1, Stephens Way, Parc Pensarn, Carmarthen, SA31 2NG

Offers in Excess of
£1,100,000

£158.78 per sq ft

Business rates & charges may apply

Brackenridge Hanson Tate Limited, Leeds
SIZE AVAILABLE

6,928 sq ft

644 sq m

SECTOR

High street retail property for sale

Key features

  • Let to Farmfoods Ltd on a lease expiring 22nd December 2034 (circa 8 years and 8 months unexpired).
  • Prominently positioned on the Parc Pensarn Retail Park, one mile south of Carmarthen Town Centre and adjacent to the A40.
  • Established retail warehouse location adjoining KFC, Dunelm, Dominos Pizza, Subway, Marston's Family Pub and close to McDonalds
  • Modern supermarket unit built in 2012 extending 6,928 sq.ft
  • Current rental income - £88,325 pax (£12.75 psf)
  • Price - Offers in excess of £1,041,000
  • Attractive Net Initial Yield - 8%

Description

The property comprises a modern foodstore unit development by Farmfoods in 2012 extending to 6,928 sq ft (643.63 sq m) and providing well configured retail accommodation with storage accommodation and ancillary staff/wc facilities to the rear.

The unit is of steel portal frame construction with cavity construction to DPC level and clad with insulated profile Kingspan panels above, under a 5% mono pitched roof. There is a shared access road which provides rear loading to the unit via a single roller shutter door. There are also two staff car parking spaces in this area.

The unit forms part of the larger phase of Parc Pensarn Retail Park and shares a large surface car parking area to the front of the unit with other tenants including Dunelm, Domino’s, Subway and a KFC drive thru.

Carmarthen is a busy South Wales town located 40 miles (64.4 km) north west of Swansea, 70 miles (112.7 km) north west of Cardiff and 39 miles (62.8 km) north east of Tenby. The town is situated on the River Towry 8 miles (13 km) north of the estuary of Carmarthen Bay and is thought to be one of the oldest towns in Wales with it’s origin dating back to pre-roman times. Visitors are attracted to the local heritage including Carmarthen Castle, Laugharne Castle and Carmarthenshire Museum. The town is also strategically positioned in-between the main population centres of South Wales to the east and the Pembrokeshire coast which attracts millions of visitors each year.

Carmarthen forms the county town of Carmarthenshire with a population of around 14.636 persons (2021 Census) and has a diverse economy based on retail, tourism, agriculture and manufacturing. The town has an estimated catchment population of circa 108,000 people.

The town forms the intersection of the A48, A40, A484 and A485 which provides access throughout South Wales.

Brochures

Unit 1, Stephens Way, Parc Pensarn, Carmarthen, SA31 2NG

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Carmarthen Station0.4 miles

About Brackenridge Hanson Tate Limited, Leeds

31 The Calls, Leeds, LS2 7EY

BHT are an independent, multi-disciplinary firm of commercial Chartered Surveyors established in 1998, providing a national service from our central Leeds office.

We are a highly motivated and broad ranging team of 11, led by the founding partners David W Brackenridge BSc(Hons) MRICS and W Robin Hanson FRICS, supported by 5 surveyors, an accounts manager and one secretary. We have 2 consultants; Clive Thomas FRICS based in London and Rob Stollery BSc (Hons) MRICS based in Derbyshire.

We deliver a professional, high quality proactive approach, tailoring services to meet individual needs and delivering solutions to both property owners and occupiers alike. Our aim is to build long-term relationships and to secure repeat business.

BHT are regulated by the RICS and are also members of Property Agents Independent which is an association of smaller commercial property practices throughout the UK.

Asset Management

Commercial Agency

Development

Investment

Property Management

Valuation

Notes

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