23 Red Street, Carmarthen, Dyfed, SA31 1QL
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- SECTOR
Commercial property for sale
Description
ONLINE AUCTION from 28th July - 30th July 2026
A prominent double-fronted corner commercial investment occupying a highly visible position fronting both Red Street and John Street, producing an immediate rental income from the established national telecommunications provider Hutchison 3G UK Limited (trading as Three).
We have been informed by the landlord that the property is let to Hutchison 3G UK Limited at a passing rent of £25,000 per annum on a 5-year lease expiring on 25th January 2029.
Three is one of the UK's leading mobile network operators, providing mobile phone, broadband and business communication services to millions of customers nationwide through its extensive network of retail stores and digital services. The company forms part of CK Hutchison Holdings, a global telecommunications and infrastructure group, providing investors with the benefit of an established national tenant.
The property represents an attractive investment opportunity, offering an immediate rental income from a recognised national occupier in a prominent town centre location.
Tenure:
Leasehold 125 years from 21st January 1983 (approximately 82 years unexpired), to be verified by the purchaser's solicitor.
Tenancies:
Tenant: Hutchison 3G UK Limited (trading as Three)
Passing Rent: £25,000 per annum
Lease Term: 5 years
Lease Expiry: 25th January 2029
23 Red Street, Carmarthen, Dyfed, SA31 1QL
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.”