Retail premises for sale in The White Hart, The White Hart Sycamore Street, Newcastle Emlyn, Dyfed SA38, £160,000

160,000.00

Offer Nr.:
65235130
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Auction House South Wales Newport
Phone(s):
01633 371581

**For sale by online auction on Tuesday, 08 Aug 2023 ending at 13: 23**
**Bidding opens Monday 7th August 2023 at 13: 00 and closes Tuesday 8th August
2023 at 13: 00. **
Bidding opens Monday 7th August 2023 at 13: 00 and closes Tuesday 8th August
2023 at 13: 00. Mixed Use Fully Let Commercial Investment OpportunityA Mixed Use
investment opportunity comprising of 2 commercial units to the ground floor
along with a 2 bedroom self contained flat to the first floor and a detached
substantial stone 2 storey outbuilding providing further
investment/development potential. We understand that unit 1 (advised that it
measures 363 sqft/33. 73sqm) is currently let at £400 p/c/m, unit 2 (advised
that it measures 847 sqft/78. 72 sqm) is currently let on a short term
temporary basis at £200 p/c/m and the flat is let on a weekly rent of £110.
Therefore, the total gross annual income being provided stands at £12, 900 per
annum. Scope for income betterment is also available by way of letting the
outbuilding to the rear. Parking provision at the rear will be available from
a formal right of way of neighbouring land.
The property is located right in the heart of this popular market town which
straddles both the counties of Carmarthenshire and Ceredigion. A number of
local shops, schools and amenities are located close by and the property also
provides good access to the popular Cardigan Bay Coastline.
**Unit 1** Retail trading area with glazed display frontage, kitchen. **Unit
2** Full width trading area, further trading area, 2 x further consulting
rooms. Currently let for beauty treatments. **First Floor Flat** 25’ x 14’1
Open plan living/kitchen/dining with attractive stone fireplace and ceiling
beams, two bedrooms, bathroom. **Detached 2 storey Coach House** Benefiting
from power and water connection. **External W/C** Available to commercial
occupiers. **Outside** External courtyard and area of off road parking by way
of a newly created formal right of way. **Viewings** Via our partner agents
Morgan & Davies (Aberaeron . **Tenure: ** Freehold **EPC Rating: ** Flat E, Shop
B
**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.
Please see the legal pack for any disbursements listed that may become payable
by the purchaser on completion.
**Price Information**
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.
**Additional Fees Information**
Please be aware there may be additional fees payable on top of the final sale
price. This includes and are not limited to administration charges and buyer's
premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any
relevant additional fees as well as reading the legal pack for any
disbursements.

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