Lot 58 - Unit 4, 15 John Street, Carmarthen, Dyfed, SA31 1QT
Guide Price* : £170,000+
- Unconditional Online Auction Sale
Lot 58 - Established High Street Commercial Investment
Description
ONLINE AUCTION from 28th July - 30th July 2026
A substantial end-terrace commercial investment occupying a prominent trading position within Carmarthen town centre, providing an immediate rental income from the established local retailer Outlet Wholesale Limited.
We have been informed by the landlord that the property is let to Outlet Wholesale Limited at a passing rent of £31,000 per annum on a 3-year lease expiring on 20th February 2028.
Outlet Wholesale Limited was incorporated in 2015 and has established itself as a well-known local retailer in Carmarthen. The business specialises in the sale of discounted clothing, footwear, homeware, gifts and household goods, serving both local residents and visitors to the town.
The property represents an attractive investment opportunity, providing an immediate rental income from an established local occupier within a busy town centre trading location.
Lease Start Date
21/01/1983
Lease Duration
125 years (81 years unexpired)
Tenancies
• Tenant: Outlet Wholesale Limited
• Passing Rent: £31,000 per annum
• Lease Term: 3 years
• Lease Expiry: 20th February 2028
Tenure
Advised 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* : £170,000+
- Unconditional Online Auction Sale
Lot 58 - Established High Street Commercial Investment
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
Documents
Legal Documents
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