Commercial property for sale in Whitland, Carmarthenshire SA34, £299,000

299,000.00

Offer Nr.:
58510591
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Everett Masson & Furby
Phone(s):
01633 371820

* Excellent Investment Property Opportunity
* £21, 600 Current Rental Income Achieved
* 2 Ground Floor Shops Leased To Same Tenant
* Quality Refurbished 3 Bed S/Cont Flat Above
* Busy Main Street in Whitland, West Wales
* Highly Recommended Proposition
An excellent property Investment opportunity consisting of two former terraced
commercial/residential properties, situated right in the heart of the main
shopping street of this most pleasant and vibrant west wales town.
Having tenants in place, occupying the 2 catering outlets to the ground floor,
and bringing in combined rent of £15, 600 per year, and with the added bonus of
a newly refurbished and very spacious fully self contained 3 bedroom flat
above, now also rented out and bringing in a further £6, 000 per year.
Positioned in the main street of the Carmarthenshire town of Whitland, the
property sits alongside and opposite numerous other business outlets, has free
parking to front, a rear off road yard/private car parking facility for the
flat and is also surrounded by strong levels of residential properties.
The two catering outlets to the ground floor of the property (Café & Sandwich
Bar), achieve a combined rent of £15, 600 per annum (£650 per shop/per month).
New 5 year lease advised agreed/signed from October 2018.
The 3 bed flat above has fairly recently been fully refurbished & equipped to
a high standard and is also advised by our seller as being rented out at £500
per month on a standard AST.
This excellent Investment proposition therefore has a combined rental income
advised of £21, 600 per annum.
Given the versatility, size, condition and location of the building, coupled
to its full tenancies seen in place, this investment opportunity therefore
comes highly recommended to the market.
Finally, please note: Our vendor who is based in London and who is keen to
sell, is also seriously open to price negotiation in return for a swift sale!
EPC Ratings: E (for both shops & flat)

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