Lot 62 - 21 Red Street, Carmarthen, Dyfed, SA31 1QL
Guide Price* : £95,000+
- Unconditional Online Auction Sale
Lot 62 - Town Centre Commercial Investment
Description
ONLINE AUCTION from 28th July - 30th July 2026
A mid-terrace commercial investment situated within a busy town centre location, producing an immediate rental income from the established national retailer Ramsdens Financial Limited. The property extends to approximately 75.91 sq m (817 sq ft), in accordance with the VOA.
We have been informed by the landlord that the property is let to Ramsdens Financial Limited at a passing rent of £17,000 per annum on a 5-year lease expiring on 20th October 2027. Ramsdens Holdings PLC is a well-established national retailer and financial services provider, operating more than 160 branches throughout the UK. The business offers jewellery retail, foreign currency exchange, pawnbroking, precious metal buying and cheque cashing services, providing investors with the benefit of an established high street covenant.
The property represents an attractive investment opportunity, providing an immediate rental income from a recognised national occupier in a prominent town centre location.
Tenancies
Tenant: Ramsdens Financial Limited
Passing Rent: £17,000 per annum
Lease Term: 5 years
Lease Expiry: 20th October 2027
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* : £95,000+
- Unconditional Online Auction Sale
Lot 62 - Town Centre Commercial Investment
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
Documents
Legal Documents
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