Commercial Investment - £15,200 pa

The property comprises a three-storey commercial premises, comprising a ground floor shop, together with a self-contained first and second floor office. The ground floor shop is accessed via a glazed shop front from the pedestrianised Quay Street and comprises a main sales area, supported by a walkthrough office room, staff kitchen and WC facilities. The first and second floors are also accessed via a separate access from Quay Street and are occupied by Salter Kelly Solicitors. Internally the offices comprise of a number of cellular office rooms with staff kitchen and WC facilities. The property is located in a prominent position on Quay Street, which is the main pedestrianised area of Ammanford Town Centre. Ammanford is located approximately 5 miles from the M4 motorway and approximately 17 miles from Swansea City Centre. Nearby occupiers include a mix of local and national retailers including, Greggs, Card Factory, Lloyds Bank, Home Bargains, Iceland and Jenkins Bakery. The retail premises is currently occupied by WAM Enterprises Limited T/a The Vape Escape. We are advised that the lease is held on a 5 year term from 11th November 2022 at £10,000 pa. We are advised that the first and second floor offices are let on a 3 year internal repairing and insuring lease term with a rent of £5,200 per annum from the 23rd June 2023. Please refer to the legal pack for more information on income/tenancies etc.

Tenure

Advised Freehold

Viewings

Via Glanmor Chartered Surveyors on 01792 439105.

Local Authority

Carmarthenshire County Council

Solicitors

Howells Solicitors, Fitzalan House, Ref: Howells Solicitors, Tel: 029 2040 4020

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.