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The property comprises a high yielding retail investment occupying a high footfall pedestrianised pitch.
Arranged as a double ground floor retail unit with ancillary upper parts, the property is let to Boots UK Limited on a five year lease expiring 23.01.2027 and paying £75,000 per annum. The tenant has been in occupation 20+ years and we consider the property offers asset management potential via renewal.
The property occupies a prominent pitch fronting the pedestrianised Red Street, forming part of the principal retail amenity within Carmarthen. The surrounding area is characterised by a number of national retailers including Greggs, Three, and an M&S department store immediately opposite.
Tenure
Freehold
Tenancy
Boots UK Limited
Rent