Superdrug Stores Plc, Unit 3, 15 John Street, Carmarthen
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Tenure
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- Primary use
- Other
No floor / site plan
Key features
- High Yielding Retail Investment
- Retail Unit and Upper Parts Let to Superdrug Stores plc (holding over)
- Heads of terms agreed for a new 5 year lease. (subject to contract)
- Tenant in Occupation 35+ Years
- Asset Management Potential via lease renewal
- Investment Let at £65,000 p.a. (23.47% GIY on Guide Price)
Description
Arranged as a ground floor retail unit with ancillary upper parts, the property is let to Superdrug Stores plc on a lease that expired 24.12.2025 and paying £65,000 per annum. The tenant has been in occupation 35+ years and is continuing to occupy the premises and pay rent, and is therefore holding over. Heads of terms have been agreed for a new 5 year lease (subject to contract), therefore providing 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
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Brochure
Superdrug Stores Plc, Unit 3, 15 John Street, Carmarthen
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