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19 Red Street, Carmarthen, Dyfed, SA31 1QL

Marketed by:

Auction House London

Auction House London

1a, 5 Hampstead Gate, London NW3 6AL, UK

020 7625 9007

For Sale

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

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

19 Red Street, Carmarthen, Dyfed, SA31 1QL

  • BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.

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Tel:

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