Unit 1, Stephens Way, Parc Pensarn, Carmarthen, SA31 2NG

£1,041,000

Size

6,928

Tenure

Leasehold

EPC

Parking

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Primary use
High street retail
Other use(s)
Other
Frontage
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No floor / site plan

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 - £1,041,000
  • Attractive Net Initial Yield - 8%

Description

The property comprises a modern foodstore unit development by Farmfoods in 2012 extending to 6,928 sq ft (643.63 sq m) and providing well configured retail accommodation with storage accommodation and ancillary staff/wc facilities to the rear.

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.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Tenure
Leasehold
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Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Unit 1, Stephens Way, Parc Pensarn, Carmarthen, SA31 2NG

NEAREST STATIONS

National Rail

Carmarthen Station

0.42 miles

About Brackenridge Hanson Tate Limited , Leeds

Brackenridge Hanson Tate Limited , Leeds

BHT are an independent, multi-disciplinary firm of commercial Chartered Surveyors established in 1998, providing a national service from our central Leeds office. We deliver a professional, high quality proactive approach, tailoring services to meet individual needs and delivering solutions to both property owners and occupiers alike. Our aim is to build long-term relationships and to secure repeat business. BHT are regulated by the RICS and are also members of Property Agents Independent which is an association of smaller commercial property practices throughout the UK. Our services include: Asset Management, Commercial Agency, Development, Investment Property Management and Valuation.

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