Unit 3, 15 John Street, Carmarthen, Dyfed, SA31 1QT
Business rates & charges may apply
- SIZE
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- SECTOR
Commercial development for sale
Description
ONLINE AUCTION from 28th JULY - 30th JULY 2026
A well-located commercial investment situated within one of Carmarthen's principal retailing locations, currently occupied by the national health and beauty retailer Superdrug Stores plc.
We have been informed by the landlord that the property is currently let to Superdrug Stores plc at a passing rent of £65,000 per annum. We have also been informed by the landlord that Heads of Terms have been agreed between the landlord and tenant for a new 5-year lease at a rental income of £45,000 per annum, subject to contract, on broadly similar lease terms.
Superdrug Stores plc is one of the UK's leading health and beauty retailers, operating over 750 stores nationwide. The company offers a wide range of health and beauty products, cosmetics, toiletries, fragrances, pharmaceuticals and everyday essentials, providing investors with the benefit of a well-established national covenant.
The property represents an attractive investment opportunity, offering an immediate income stream from a recognised national occupier within a prime town centre retailing location, with agreed Heads of Terms providing continuity of occupation, subject to contract.
Tenure:
Leasehold 125 years from 21st January 1983 (approximately 82 years unexpired), to be verified by the purchaser's solicitor.
Tenancies:
Tenant: Superdrug Stores plc
Current Passing Rent: £65,000 per annum
Proposed Rent: £45,000 per annum (subject to contract)
Proposed Lease Term: 5 years (Heads of Terms agreed, subject to contract)
Unit 3, 15 John Street, Carmarthen, Dyfed, SA31 1QT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Carmarthen Station0.3 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Commercial, South Wales on 01633 603812.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”