Withdrawn
Withdrawn Prior
Sold Prior
Sold Prior
Sold
Sold Post
The property comprises a high yielding retail investment occupying a high footfall pedestrianised pitch.
Arranged as a ground floor retail unit with ancillary upper parts, the property is let to Superdrug Stores plc on a lease that expired 24.12.2025 and paying £65,000 per annum. The tenant has been in occupation 35+ years and is continuing to occupy the premises and pay rent, and is therefore holding over. Heads of terms have been agreed for a new 5 year lease (subject to contract), therefore providing 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
Long Leasehold- 125 years from 21/01/1983
Tenancy
Superdrug Stores Plc
Rent