£275,000
(£72.16/sq. ft)
Light industrial for salePembrey Road, Llanelli SA15
3,811 sq. ft
About this property
The property is located approx. 1 mile west of Llanelli Town Centre, within the Sandy Bridge Yard Industrial Estate, close to Sandy Water Park. Prominent occupiers in the immediate vicinity include Brewers Fayre, ost Bodywork, Llanelli Bed Centre and Mike Rickwood Carpets & Furniture.
Description
The building is prominently located fronting Sandy Road. The premises is a steel frame building with elevations of brick, alloy cladding and a corrugated roof.
Accommodation
354.08 sq M (3,811.st ft)
VAT
All prices are quoted excluding VAT. Our client reserves the right to charge VAT on all payments.
Rateable value
We have been informed via an online enquiry on the Valuation Office web site that the property has a rateable value of £21,750.
Ubr for Wales for 2025/26 is 0.568p in the £.
Interested parties asked to verify this information, by making direct contact with the local rating authority.
Tenancy
The property is let to King David Tyres Limited, for a term of 10 years from 1st March 2023. The lease has a rent review at the end of the first 5 years. The rent is currently £21,500 pax. The property is held on an Fri lease, subject to a schedule of condition.
Tenure
Freehold
Asking price
Offers in the region of £275,000, which represents a return of 7.59% assuming purchaser’s costs of 3%.
EPC
To be provided.
Anti money laundering regulations
Regulations require checks on all prospective tenants/purchasers. Photo id plus proof of address is required before a transaction can proceed. Aml searches are outsourced to our partner Credas (Certified Digital Identity Verification Service)
Description
The building is prominently located fronting Sandy Road. The premises is a steel frame building with elevations of brick, alloy cladding and a corrugated roof.
Accommodation
354.08 sq M (3,811.st ft)
VAT
All prices are quoted excluding VAT. Our client reserves the right to charge VAT on all payments.
Rateable value
We have been informed via an online enquiry on the Valuation Office web site that the property has a rateable value of £21,750.
Ubr for Wales for 2025/26 is 0.568p in the £.
Interested parties asked to verify this information, by making direct contact with the local rating authority.
Tenancy
The property is let to King David Tyres Limited, for a term of 10 years from 1st March 2023. The lease has a rent review at the end of the first 5 years. The rent is currently £21,500 pax. The property is held on an Fri lease, subject to a schedule of condition.
Tenure
Freehold
Asking price
Offers in the region of £275,000, which represents a return of 7.59% assuming purchaser’s costs of 3%.
EPC
To be provided.
Anti money laundering regulations
Regulations require checks on all prospective tenants/purchasers. Photo id plus proof of address is required before a transaction can proceed. Aml searches are outsourced to our partner Credas (Certified Digital Identity Verification Service)
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