Prominent ground floor Town Centre retail unit with a wide, double frontage, making the most of all the footfall along King Street. The property offers 1,226 sqft to ground floor and a further 414 sqft of storage to basement level, with high ceilings and an abundance of natural light. King Street, Carmarthen is also home to the Co Op and many independent boutique shops and high-quality bars and restaurants. The property is conveniently in walking distance to St Peters Car Park. The property also offers toilet facilities. Rent equates to 7,500 (& VAT) pa for the first three years, reverting to 12,000 (&VAT) pa thereafter with a 6 year lease on offer. Service charge of 1,000pa. Contribution towards landlords insurance of approximately 700pa. Three months rent in advance 1875.00. Deposit of 3000 payable in advance. Please contact us on 01267231394 /
[email protected] to arrange an appointment.
Location:
Located on . King Street, which is home to the Nat West Bank, Co Op and many independent boutique shops and high-quality bars and restaurants. Carmarthen is also home to the St Catherines Walk Shopping Centre with national occupiers including Next, New Look, H&M and national food providers including Frankie and Bennys, Pizza Express and Costa. In addition to Merlin's Walk Development which is home to TK Maxx, Wilkos and Argos. Carmarthen is the county town administrative centre of Carmarthenshire in south west Wales. The town is located approximately 87 km (54 miles) west of Cardiff, 48 km (30 miles) west of Swansea, 48km (30 miles). Carmarthenshire has a resident population of approximately 185,000 with approximately 15,000 living in Carmarthen. The town benefits from an excellent catchment in excess of 250,000 people within a 40 minute drive. Carmarthen benefits from good transport links being located on the intersection of the A40 and A48 dual carriageway. The A48 provides direct access to the M4 motorway approximately 25 km (16miles) to the south east, providing access to Swansea, Cardiff and the national motorway network.
Description:
Prominent ground floor Town Centre retail unit with a wide, double frontage, making the most of all the footfall along King Street. The property offers 1,226 sqft to ground floor and a further 414 sqft of storage to basement level, with high ceilings and an abundance of natural light. King Street, Carmarthen is also home to the Co Op and many independent boutique shops and high-quality bars and restaurants. The property is conveniently in walking distance to St Peters Car Park. The property also offers toilet facilities. Rent equates to 4,800 pa for the first three years, reverting to 12,000pa thereafter with a 6 year lease on offer. Service charge of 1,000pa. Deposit of 3000 payable in advance. Please contact us on 01267231394 /
[email protected] to arrange an appointment.
Use:
The property benefits from A1 & A2 use. There is potential for alternative uses subject to planning consent.
Business Rates:
1 April 2023 Rateable value 12,500 pa.
Legal Costs:
Each party to bear their own legal and professional costs incurred.
EPC:
E (102) Rating
Lease Terms:
Rent equates to 7500 pa for the first three years, reverting to 12,000pa thereafter with a 6 year lease on offer. Service charge of 1,000pa. Contribution of approximately 700 per annum towards insurance. Deposit of 3000 payable in advance. Three months rent in advance payable.