For Sale By Auction | 19:00, 04 April 2019 | Lot 20

5 Stepney Street, Llanelli, Carmarthenshire, SA15 3UP

*Guide | £330,000 + (plus fees)

  • Mixed Use
  • 6 Bedrooms
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Thu 04/04/2019

Auction Time

19:00

Auction Venue

Village Hotel 29 Pendwyallt Road, Coryton, Cardiff, CF14 7EF

Retail / Residential Investment

Llanelli is situated 15 miles to the West of Swansea. The subject property occupies a prime location close to the junction of Stepney Street and Market Street.

Tenure

See Legal Pack

Description

The Property comprises an end of terrace building with a ground floor retail area and No.6 residential flats to the ground, first and second floor levels. The ground floor retail unit has a glazed frontage to Stepney Street with an external glazed front canopy. The remainder of the building comprises of 6 flats with private parking. The communal areas and flats have been finished to a high standard.

Tenancies

Ground Floor: Vacant Flat 1: £120 per calendar week Flat 2: £95 pcw Flat 3:£120 pcw Flat 4:£120 pcw Flat 5: Vacant - previously paying £95 pcw. Flat 6: £120 pcw. Current Rents Received: £575 pcw / £29,990 p.a.x

Viewing Schedule

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Carmarthenshire County Council

Solicitors

Kevin Lane & Company Solicitors, 11 Courtland Place, Port Talbot, SA13 1JJ, Tel: 01639 893700

Additional Fees

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 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.