Unit 1, Stephens Way, Parc Pensarn, Carmarthen, SA31 2NG
- 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 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
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Carmarthen Station0.4 miles
Notes
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