Pavers Shoes, 10 Red Street, Carmarthen
Size
4,334
Tenure
Freehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- High Yielding Retail Investment
- Retail Unit and Upper Parts
- Let to Pavers Limited
- Five Year Lease Expiring 06.07.2027
- 2025 Break Option Not Exercised
- Asset Management Potential
- 4,334 sq ft (402.63 sq m)
- Investment Let at £40,000 p.a. (16% GIY on Guide Price)
Description
Arranged as a double ground floor retail unit with ancillary upper parts, the property is let to Pavers Limited on a five year lease expiring 06.07.2027 and paying £40,000 per annum.
The tenant did not exercise their 2025 break option, 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.
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- Business rates
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- Use class
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- Listed building
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- BREEAM rating
Unclassified
- Environmental description
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Disclaimer - Property reference 1941DEA8-A089-4180-911E-88741F536B15. 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.