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Freehold

£250,000

Retail premises for sale

Guildhall Square, Carmarthen SA31

£250,000

Retail premises for sale
Guildhall Square, Carmarthen SA31

    Freehold

    About this property

    • Prominent retail position

    • Amounting to 1,786 sq. Ft.

    • Quality retail/office accommodation

    • National and independent retailers adjacent

    The property is situated in the county town of Carmarthen, on the highly regarded retail high street known as Guildhall Square at the heart of the town centre.

    The property is a Grade II listed, three storey mid terrace property, comprising 526 sq.ft. Of ground floor retail space, with the remainder consisting of approximately 1260 sq.ft. Of office, storage and welfare facilities located on the 1st floor and 2nd floor and in the basement.

    The property benefits from prominent retail frontage with a number of National and Independent occupiers located in the immediate vicinity, and is in short walking distance from the train and bus stations and a number of car parks. The occupiers include Nationwide, Principality Building Society, wh Smith, Post Office, Days Department Store, Waterstones, Barclays and the recently opened Cofio Lounge by the up market brand 'Lounges'.

    The property has recently been let to Hays Travel Group on a 10 year iri Lease at a current passing rent of £19,000 per annum.

    Zone A

    (36.70m2)/(395ft2)

    Zone B

    (12.20m2)/(131ft2)

    Office 1

    (11.88m2)/(128ft2)

    Staff Room

    (28.79m2)/(310ft2)

    Staff Training

    (41.47m2)/(446ft2)

    Storage 1

    (6.39m2)/(68ft2)

    Storage 2

    (24.88m2)/(268ft2)

    Welfare

    (5.0m2)/(54ft2)

    Tenure

    We understand that the property is held on a Freehold basis.

    Services

    We understand that the property benefits from all mains services.

    Occupation

    The property has let on a new 10 year iri Lease to Hays Travel Ltd at a passing rent of £19,000 per annum, from 6 March 2020. A copy of the lease is available upon request.

    Rateable Value

    The property currently has a rateable value of £17,500 per annum.

    Planning

    All planning related enquiries to Carmarthenshire County Council Planning Department.

    Local Authority

    Carmarthenshire County Council, County Hall, Castle Hill, Carmarthen SA31 1JP.
    Tel:

    Viewing

    Strictly by appointment with the selling agents. For further information please contact Rees Richards & Partners Carmarthen office - 12 Spilman Street, Carmarthen SA31 1LQ.
    Tel: Or email:

    More information

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