19 Red Street, Carmarthen, Dyfed, SA31 1QL
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Shop for sale
Description
ONLINE AUCTION from 6th - 8th October
A mid-terrace commercial property situated within a busy town centre location, formerly let to the established national retailer Warren James (Jewellers) Limited.
Warren James had occupied the property since 2016, with the previous lease producing a rental income of £33,000 per annum. The property is now to be sold with vacant possession, providing an opportunity for an owner occupier or investor to secure a prominent town centre retail premises.
We have been advised that the property could potentially achieve a rental income in the region of £20,000-£25,000 per annum if re-let to a new tenant, subject to market conditions.
We have also been advised that a dilapidations claim/schedule totalling £58,073.28 has been calculated in relation to the former tenancy. Prospective purchasers should refer to the legal pack and satisfy themselves as to the status, recoverability and benefit of any dilapidations claim.
The property represents an attractive opportunity to acquire a vacant commercial property in a prominent town centre location with potential to generate future rental income.
Energy Performance Certificates
EPC 119 Red Street, Carmarthen, Dyfed, SA31 1QL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Carmarthen Station0.3 miles
About Paul Fosh Commercial, South Wales
Shackleton House, Langstone Business Village, Newport, NP18 2LHNotes
Disclaimer - Property reference 368424. 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.”