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Postponed | Lot 45

6 Vaughan Street, Llanelli, Carmarthenshire, SA15 3TY

Postponed

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 01/04/2020

Auction Time

17:00

Auction Venue

Online

Commercial Investment

A substantial mid terraced town centre commercial property currently let to Savers Health and Beauty Ltd located within the pedestrianised section of the main shopping high street. Neighbouring national occupiers include Boots, Home Bargains, HSBC, Santander, Lloyds and Barclays. The property accommodation is set over three floors and, in our opinion, offers scope for future redevelopment on the upper floors, off road parking is also offered to the rear of the building. The property has the benefit of new 5 year lease with a rental income of £17,500 per annum being generated. Accommodation (Not inspected with measurements provided by our joint agent Cooke & Arkwright)

Tenure

See Legal Pack

Ground Floor

Sales area measuring approximately 1086 sqft, further ancillary area.

First Floor

We are advised measures approximately 2226 sqft.

Second Floor

We are advised measures approximately 2010 sq ft.

Outside

Off road parking for numerous vehicles.

Viewing Schedule

External viewings only, the sales area is trading therefore this is accessible in line with the shops opening hours.

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Carmarthenshire County Council

Solicitors

Berry Smith, Haywood House, Dumfries Place, Cardiff, CF10 3GA, Ref: Martin Pursall, Tel: 02920 345511

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £840 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.