Lot 71 - 17 Red Street, Carmarthen, Dyfed, SA31 1QL
Guide Price* : £100,000+
- Unconditional Online Auction Sale
Lot 71 - Town Centre Commercial Investment
Description
ONLINE AUCTION from 28th July - 30th July 2026
Occupying a prominent trading position within the town centre, this commercial investment extends to approximately 124.4 sq m (1,339 sq ft) (VOA) and is let to Smart Fone Case Limited.
We have been informed by the landlord that the property is let to Smart Fone Case Limited at a passing rent of £18,000 per annum on a 10-year lease expiring on 30th September 2034.
Smart Fone Case Limited was incorporated on 7th May 2019 and operates as a retailer specialising in the sale and repair of mobile phones, together with a range of phone accessories and related technology products.
The property represents an attractive investment opportunity, providing an immediate rental income from an established commercial tenant within a busy town centre location.
Tenancies
Tenant: Smart Fone Case Limited
Passing Rent: £18,000 per annum
Lease Term: 10 years
Lease Expiry: 30th September 2034
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* : £100,000+
- Unconditional Online Auction Sale
Lot 71 - Town Centre Commercial Investment
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
Documents
Legal Documents
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