Block of flats for sale in Dark Gate, Carmarthen SA31

Location
The property is located on the corner of Darkgate and Red Street, in the heart of Carmarthen in Wales. Carmarthan is accessed via the A40 and A48, which Join at Carmarthan and then lead to the west coast. The property is also conviniently located approximately 300 metres from Carmarthan Station. Local amenities are excellent, with restaurants, shops and bars located in the town centre.

Description
There are 7x2 bedroom flats on the 3rd floor let on AST’s, with a further 2 flats sold off on long leaseholds. There is a total of 20 offices located on the 1st and 2nd floors, with 6 currently vacant. Access to the offices is via a secure front door on Red Street, with a lift and stairs accessing the floors.

Price
Offers in excess of £950,000 (nine hundred and fifty thousand pounds) for the 999 long leasehold interest. This represents a low capital value of £59.05 psf, which is less than replacement cost.

The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.

VAT The premises are not elected for VAT.
EPC Rating tbc.
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.