19 Red Street, Carmarthen, Dyfed, SA31 1QL

Description

A vacant mid terrace building arranged to provide a ground floor commercial unit with first floor ancillary space. The property comprises a mid terrace building arranged to provide a ground floor commercial unit with first floor ancillary space.

Accommodation

Ground Floor: Retail Area, Utility Room, WC's. First Floor: Retail Area, Ancillary Rooms.

Location

Situated in Carmarthen city centre close to local shops and amenities. Nearby multiples include Greggs, Clarks and M&S. Carmarthen Park is within easy reach. Transport links are provided by Carmarthen rail station.

Tenure / Property Information

Investment Analysis

No completed sale comparables or commercial valuation evidence supplied. The former £33,000 annual lease rent is historical only; the property is now vacant, so current market value and GDV cannot be reliably estimated.

Investment Snapshot

Strategy Recommendation

Do not bid on yield or resale assumptions without a commercial valuation, current rental assessment, inspection and review of all special-condition charges.

Works Required

No specific defects or refurbishment requirements are evidenced. Confirm condition, compliance and any required works through inspection and the legal pack.

Rental & Market Context

Potential BRRR Position

A BRRR appraisal cannot be supported without a current valuation, achievable rent, refurbishment cost and refinance terms. The known guide plus £1,800 administration charge totals £51,800 before other unknown charges and works.

Buy-to-Let Analysis

The property is vacant and no current rental evidence or auctioneer rent estimate is provided. The previous £33,000 per annum lease is historical and cannot establish achievable current rent or yield.

Flip Analysis

A flip appraisal cannot be supported because no GDV evidence, comparable sales, refurbishment allowance or selling-cost allowance is supplied.

Investor Risks & Due Diligence

• Vacant possession means no current rental income.

• The former £33,000 annual rent may not reflect achievable current rent.

• No completed sale comparables or commercial valuation evidence is supplied.

• Special conditions may impose additional search, legal, seller-cost or transfer charges.

• Condition, compliance, EPC and heating information are not supplied.

Recommendation

Do not bid on yield or resale assumptions without a commercial valuation, current rental assessment, inspection and review of all special-condition charges.

Strategy Rating

Analysis Confidence

The evidence confirms tenure, vacancy, layout, guide price and administration charge, but provides no valuation comparables, current rent, condition, EPC or complete fee schedule.