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For Sale by Auction on 25th July 2024, Leasehold Industrial Investment, 1 & 2 Alltycnap Road, Johnstown, Carmarthen, SA31 3QY

17,343 Sq Ft / Industrial / Investment

For Sale

Available - Last updated: 03 July 2024

For Sale by Auction on 25th July 2024

A detached single storey industrial/warehouse unit of portal frame construction beneath a pitched roof totalling approximately 1,611.20 sq m (17,343 sq ft). The unit has been split to provide two units and to the front there is a single storey brick extension beneath a flat roof providing ancillary office accommodation. Externally there is a parking area to the front and a large yard area to the rear. In total the site extends to approximately 1.49 hectares (3.69 acres).

Location

Carmarthen is a town in West Wales lying approximately 27 miles north west of Swansea and 71 miles north west of Cardiff. It is accessed via the A40 and A48 with the latter linking with western point of the the M4 motorway at junction 49. Carmarthen railway station provides national and regional rail links including direct services to London Paddington and numerous bus routes serve the area.

Alltycnap Road runs west from Llansteffan Road to the south west of the town centre in a rea known as Johnstown, which is an established industrial and commercial area in the town. The property lies on the south side of the road opposite its junction with Glien Road having prominent road frontage to the main estate road.

Accommodation

Unit 1 - Warehouse - 890.30 sq m (9,583 sq ft)

Unit 2 - 720.90 sq m (7,760 sq ft)

Total - 1,611.20 sq m (17,343 sq ft)

Terms

Tenure - Leasehold for a term of 99 years from 01/04/1974 thus having approximately 49 years unexpired. The current ground rent payable is £14,750 per annum.

Guide Price - £525,000 - £550,000

Specification

  • Leasehold industrial investment
  • Part let to Currys Group Ltd until 2028
  • Approximately 1,611.20 sq m (17,343 sq ft)
  • Site area approximately 1.49 hectares (3.69 acres)
  • Established industrial location
  • Producing a gross rent of £90,000 per annum (£75,250 per annum net)

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price - £525,000 - £550,000 For Sale Leasehold NA NA

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Contact agents

Agency Team

BidX1 Commercial

020 3151 9502

Simon Bailey

BidX1 Commercial

020 3151 9486

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