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19 Red Street, Carmarthen, Dyfed, SA31 1QL
Marketed by:
Auction House London
1a, 5 Hampstead Gate, London NW3 6AL, UK
020 7625 9007
Vacant Freehold Commercial Property, Carmarthen
19 Red Street, Carmarthen, Dyfed, SA31 1QL
For Sale
£50,000+
• Commercial Property
• Freehold
• Vacant possession
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
Tenure |
Freehold |
Lease |
Warren James had occupied the property since 2016. The previous lease produced a rental income of £33,000 per annum. The property is now sold with vacant possession. |
Occupancy |
Vacant possession |
Services |
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. |
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
Guide Price |
£50,000+ (plus fees) |
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
|
No sufficiently specific external rental comparable identified. |
|
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
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low |
The evidence confirms tenure, vacancy, layout, guide price and administration charge, but provides no valuation comparables, current rent, condition, EPC or complete fee schedule.
Auction Details :
Auction House London
Auction Date :
11/11/26
Lot Number :
062
Property Location:
19 Red Street, Carmarthen, Dyfed, SA31 1QL
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