Lot 93 - 17 Nott Square, Carmarthen, SA31 1PQ

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Lot 93 - 17 Nott Square, Carmarthen, SA31 1PQ

Map view Bid now

Guide Price* : £54,000+

  • Unconditional Online Auction Sale

Lot 93 - Commercial Investment

Description

ONLINE AUCTION from 16th DECEMBER-18th DECEMBER

A three storey, double fronted retail property with ancillary accommodation to the upper floors. The ground floor is currently let producing an income of £5,400 per annum.The top floors have previously been used as ancillary accommodation, there there may be scope for residential accommodation (subject to the necessary planning consents).

Location
The property is located within the popular trading area of Notts Square, and is in close proximity to local traders which include Specsavers, B&M Bargains, WH Smiths and Andrew Pride hairdressers.

Carmarthen is a market town which is located 30 miles west of Swansea with easy access to the M4 motorway provided by the A48.

Business Rates
Current rateable value is £10,750. The property is classified as ‘Shop and premises'.

VAT
The vendor has advised that there is VAT due on the sale of this property.

VIRTUAL TOUR

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground |Floor Sales Area 538 49.98
Storage Area 360 33.40
First Floor Store/Staff Area 502 46.60
Second Floor Store Area 660 61.30
Top Floor Store Area 126 11.80
Total 2,186 203.10

Tenancies

The property is Let (Morgan Le Fay, Fabric Alterations)
Tenancy: 12 months from 28/4/2025
Rent: £5,400 pa

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Guide Price* : £54,000+

  • Unconditional Online Auction Sale

Lot 93 - Commercial Investment

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Hunt & Thorne Chartered Surveyors

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Paul Fosh Auctions

01633 254044

Office Contact

James Hollingsworth

jamesh@paulfoshauctions.com 7930173054
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Documents

Lot 93 - 17 Nott Square, Carmarthen, SA31 1PQ

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