Lot 39 - 15 Red Street, Carmarthen, Dyfed, SA31 1QL
Guide Price* : £290,000+
- Unconditional Online Auction Sale
Lot 39 - Prime Town Centre Commercial Investment
Description
ONLINE AUCTION from 28th July - 30th July 2026
An excellent opportunity to acquire a prominent town centre retail investment occupying a highly visible pedestrianised position. The property extends to approximately 330.1 sq m (3,553 sq ft) (VOA) and is let to the well-established national retailer Trespass Investments Limited.
We have been informed by the landlord that the property is let to Trespass Investments Limited at a passing rent of £52,500 per annum on a 6-year lease expiring on 10th July 2031.
Founded in 1938, Trespass is one of the UK's leading outdoor clothing and equipment retailers, operating an extensive network of stores across the UK and internationally. The company specialises in outdoor clothing, walking footwear, camping equipment and ski wear, providing investors with the benefit of an established national retail tenant.
The property represents an attractive investment opportunity, providing an immediate income stream from a well-known national occupier in a prominent town centre location.
Tenancies
Tenant: Trespass Investments Limited
Passing Rent: £52,500 per annum
Lease Term: 6 years
Lease Expiry: 10th July 2031
Tenure
Leasehold – 125 years from 21st January 1983 (approximately 82 years unexpired), to be verified by the purchaser's 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* : £290,000+
- Unconditional Online Auction Sale
Lot 39 - Prime Town Centre Commercial Investment
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
Documents
Legal Documents
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