5 Red Street, Carmarthen
Size
1,638
Tenure
Freehold
EPC
Parking
Ask agent
- Primary use
- Other
No floor / site plan
Key features
- High Yielding Retail Investment
- Retail Unit and Upper Parts
- Let to Clarks
- Five Year Lease Expiring 30.04.2028
- 2026 Break Option Not Exercised
- Tenant in Occupation 40+ Years
- Asset Management Potential
- 1,638 sq ft (152.17 sq m)
- Investment Let at £22,500 p.a. (16% GIY on Guide Price)
Description
Arranged as a ground floor retail unit with ancillary upper parts, the property is let to C. & J. Clark International Limited t/a Clarks on a five year lease expiring 30.04.2028 and paying £22,500 per annum.
The tenant did not exercise their 2026 break option, and has been in occupation 40+ years, displaying confidence in the location and we therefore consider the property offers asset management potential via renewal.
The property occupies a prominent pitch fronting the pedestrianised Red Street, forming part of the principal retail amenity within Carmarthen. The surrounding area is characterised by a number of national retailers including Greggs, Three, and an M&S department store immediately opposite.
- Service charge
- Ask agent
- Business rates
- Ask agent
- Use class
- Ask agent
- Listed building
- Ask agent
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
Unclassified
- Environmental description
- Ask agent
Brochure
Your search history
You have no recent searches
Disclaimer - Property reference 0FCE365E-E748-4055-8B33-97BDE2CBDD28. 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 Savills National , Savills Auctions- Commercial. 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.