Warehouse for sale in Alltycnap Road, Carmarthen SA31

Offers in region of £625,000 (£36.04/sq. ft)
Interested in this property? Call +44 1792 925826 * or Request Details

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Warehouse for sale

17,343 sq. ft*

Property features

  • Head leasehold interest for sale with a term of 99 years from 1/4/1974
  • Net Initial Yield 11.25% increasing to 12.16% assuming purchases cost of 5.23%
  • Passing Rent £90,000 pa.
  • Current ground rent of £14,000 p/a, subject to review.
  • Business rateable value 1/4/2023 £43,750. (Please confirm with local authority)
  • The property has an Energy Performance Rating of D.
  • All figures exclusive of VAT, where applicable.
  • Gross internal area: 1,611.2m² (17,343ft²)

Property description

Location & description


This detached industrial unit is located a short distance off the A40 within Carmarthen, allowing for easy access to the M4 Corridor. Situated within an established industrial area in Johnstown and fronts the main estate road.


Accommodation


Warehouse let to Currys Group 720.9 sq.m 7,760 sq.ft
Warehouse let to Harlech Foods 890.3 sq.m 9,583 sq.ft
Gross internal area 1,611.2 sq.m 17,343 sq.ft


Tenancy / investment details


Currys Group - 5 Year term from 16/5/2023 with a break date of 16/5/26 with an annual rent of £40,000.
Harlech Foods - 5 Year term from 26/2/2024 with a break date of 26/7/27 with an annual rent of £50,000
Total passing rent: £90,000 p/a.

Please see attached property details for further details.

Property info

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

Arrange Viewing

For more information about this property, please contact
RJ Chartered Surveyors, SA1 on +44 1792 925826 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RJ Chartered Surveyors, and do not constitute property particulars. Please contact RJ Chartered Surveyors 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.

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