Industrial for sale in Inkerman Street, Llanelli SA15

£325,000 (£35.05/sq. ft)
Industrial for sale 9,272 sq. ft*
Interested in this property? Call +44 1792 925762 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • 1.34 acres (0.54 hectares) site
  • 9,272 sq ft (861sq m) buildings
  • Enclosed secure site - mainly freehold tenure
  • Development potential - STPP
  • Owner Occupation / Investment

Property description

Main Description



A 1.34 acre secure site with office and workshop buildings together with a large concrete yard area. The site was formerly used as a bus depot but subject to the necessary Planning Permission offers development potential.

The site is located on the fringe of the town centre core of Llanelli in an area of mixed commercial and residential uses.

Specification

An enclosed secure site of 1.34 acres (0.542ha) which has a level primarily concrete surface. Vehicular access points are provided from both Robinson Street and Ralph Street.

There are two main buildings on site together with a secondary outbuilding. The first building is a two storey office block of traditional construction, while the second is a workshop facility provided with vehicle inspection pits together with ancillary storage facilities over two floors.

The buildings are located on the periphery of the site allowing maximum use of the central concourse area.

Accommodation

The available accommodation has been measured on a gia basis in accordance with ipms 3 / RICS Code of Measuring Practice;

Unit sq ft sq m

Office Block 3,101 288

Main Workshop 3,226 300

Workshop Ancillaries 1,856 172

Outbuilding 1,089 101

Total 9,272 861

The overall site areas is 1.34 acres approx.

Tenure

The majority of the property is held on a Freehold basis, but a section is held on a Ground Lease for a term which expires in March 2037 at an annual ground rental of £12.00.

There is also and Electricity Sub Station on site which is held on a Ground Lease for a term which expires in March 2037 at an annual rental of £20.

Further details are available upon request of the Agent.

Terms

Offers In excess of £325,000 are sought for the Freehold/Long leasehold interests described above.

Services

Main supplies of water, electricity and drainage are connected to the property.

PlanningThe property is currently vacant but its former use was that of a bus depot.

Whilst we have not undertaken any detailed investigation, we assume that this was the consented use of the site but we would encourage interested parties to make their own enquiries of the Local Planning Authority in this regard.

The site offers a variety of redevelopment opportunities subject to the necessary planning consents.

Business Rates

Rateable Value - £35,000. The Valuation Office assessment is available as a download via the BP2 Website.

EPCThe property has been graded as 089 (D). The EPC document is available for download via the BP2 website.

VAT & Legal CostsThe Terms referred to are quoted exclusive of VAT.

We are advised that VAT will apply to this transaction but interested parties are requested to confirm this information.

Each party is responsible for their own legal costs incurred in this transaction.

Viewings / Further Information

For further information, or if you would like to arrange a viewing, please contact BP2 or our joint agents - Vail Williams.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
BP2 Property Consultants, SA1 on +44 1792 925762 * (local rate)

Contact BP2 Property Consultants about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by BP2 Property Consultants, and do not constitute property particulars. Please contact BP2 Property Consultants for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all Inkerman Street commercial properties for sale