Lot 25 - Unit 3, 15 John Street, Carmarthen, Dyfed, SA31 1QT
Guide Price* : £250,000+
- Unconditional Online Auction Sale
Lot 25 - Prime High Street Commercial Investment
Description
ONLINE AUCTION from 28th JULY - 30th JULY 2026
A well-located commercial investment situated within one of Carmarthen's principal retailing locations, currently occupied by the national health and beauty retailer Superdrug Stores plc.
We have been informed by the landlord that the property is currently let to Superdrug Stores plc at a passing rent of £65,000 per annum. We have also been informed by the landlord that Heads of Terms have been agreed between the landlord and tenant for a new 5-year lease at a rental income of £45,000 per annum, subject to contract, on broadly similar lease terms.
Superdrug Stores plc is one of the UK's leading health and beauty retailers, operating over 750 stores nationwide. The company offers a wide range of health and beauty products, cosmetics, toiletries, fragrances, pharmaceuticals and everyday essentials, providing investors with the benefit of a well-established national covenant.
The property represents an attractive investment opportunity, offering an immediate income stream from a recognised national occupier within a prime town centre retailing location, with agreed Heads of Terms providing continuity of occupation, subject to contract.
Lease Start Date
21/01/1983
Lease Duration
125 years (81 years unexpired)
Tenancies
• Tenant: Superdrug Stores plc
• Current Passing Rent: £65,000 per annum
• Proposed Rent: £45,000 per annum (subject to contract)
• Proposed Lease Term: 5 years (Heads of Terms agreed, subject to contract)
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* : £250,000+
- Unconditional Online Auction Sale
Lot 25 - Prime High Street Commercial Investment
Office Contact
James Hollingsworth
Documents
Legal Documents
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