Two Ground Floor Retail Units with Upper Floor Ancillary Space Fully Let Producing a Combined £27,000 Per Annum
24-26 Stepney Street & Vaughan Street, Llanelli, Carmarthenshire, SA15 3TR
Description
Two Ground Floor Retail Units with Upper Floor Ancillary Space Fully Let Producing a Combined £27,000 Per Annum The property comprises two ground floor retail units with upper floor ancillary space situated within a corner building arranged over lower ground, ground and two upper floors. Tenure: Leasehold. The property is held on a 125 year lease from 29th November 2007 (thus approximately 106 years unexpired) at a ground rent of 15% of the rent received. Location: The property is situated on a mixed use road in Llanelli city centre. Nearby multiples include Nando's, Specsavers and Odeon. The open spaces of Spring Gardens are within easy reach. Transport links are provided by Llanelli rail station. Note: We understand that the tenants of 24/26 Stepney Street do not use the upper parts and therefore there may be potential for further development (subject to obtaining all relevant consents). The property has not been inspected by Auction House London. All information has been supplied by the vendor.
Financial Tools
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