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9-11 Old Castle Road, Llanelli, Dyfed, SA15 2SL

Guide Price
£190,000

Business rates & charges may apply

Paul Fosh Commercial, South Wales
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SECTOR

Commercial property for sale

Description

FOR SALE BY ONLINE AUCTION - Lot 111 - Commercial Investment & Redevelopment Opportunity
ONLINE AUCTION from 28th July 30th July

A substantial freehold commercial property comprising two adjoining commercial premises occupying a position on Old Castle Road, Llanelli. The property offers flexible accommodation including a large open-plan commercial area, offices, treatment rooms and a self-contained commercial unit with independent access.

The property is offered with vacant possession, providing an excellent opportunity for owner-occupiers, investors or developers. Benefiting from rear access and off-road parking, the property offers excellent asset management potential with scope to generate multiple rental income streams. Subject to the necessary planning consents, purchasers may also wish to explore the potential for conversion into approximately 78 residential apartments, making this an attractive redevelopment opportunity.

We have been informed by the landlord that the property has historically operated as a successful multi-let commercial premises with a variety of occupiers. The flexible layout provides purchasers with the opportunity to re-let the accommodation to multiple tenants or reconfigure the space to suit their own investment or business requirements, subject to any necessary consents.

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession

9-11 Old Castle Road, Llanelli, Dyfed, SA15 2SL

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Llanelli Station0.5 miles
  • Bynea Station2.9 miles
  • Pembrey & Burry Port Station3.6 miles

About Paul Fosh Commercial, South Wales

108 Lower Dock Street, Newport, NP20 2AG

Residential and commercial property auctioneers servicing Wales, the South West and surrounding areas.

Notes

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Disclaimer - Property reference 356464. 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 Paul Fosh Commercial, South Wales. 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.

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.”