Trespass, 15 Red Street, Carmarthen
Size
3,553
Tenure
Leasehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- High Yielding Retail Investment
- Retail Unit and Upper Parts Trespass Investments Limited
- Six Year Lease Expiring 10.07.2031
- Tenant in Occupation 14+ Years
- Asset Management Potential
- Approx. 3,553 sq ft (330.1 sq m)
- Investment Let at £52,500 p.a. (19.44% GIY on Guide Price)
Description
Arranged as a ground floor retail unit with ancillary upper parts, the property is let to Trespass Investments Limited (t/a Trespass) on a six year lease expiring 10.07.2031 and paying £52,500 per annum. The tenant has been in occupation 14+ years and we 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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- Listed building
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- Tenure
- Leasehold
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- BREEAM rating
Unclassified
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Disclaimer - Property reference 6A03F831-0811-4A15-8362-DB52FAFB8912. 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.