Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of CBRE Global Investors
Property Information
Location
Miles
27 miles north-west of Swansea, 60 miles west of Cardiff
Roads
A40, A48, M4
Rail
Carmarthen Rail
Air
Cardiff International Airport
Situation
The property is situated within Carmarthen town centre on the southern side of the pedestrianised Guildhall Square. The £74m St Catherine’s Walk retail development is situated a short walk to the north and houses retailers including Debenhams, Apollo Cinema, Pizza Express, River Island and New Look. Other nearby occupiers including BHS, WHSmith, Barclays Bank and Caffè Nero.
Tenure
Freehold.
Location
Miles
27 miles north-west of Swansea, 60 miles west of Cardiff
Roads
A40, A48, M4
Rail
Carmarthen Rail
Air
Cardiff International Airport
Situation
The property is situated within Carmarthen town centre on the southern side of the pedestrianised Guildhall Square. The £74m St Catherine’s Walk retail development is situated a short walk to the north and houses retailers including Debenhams, Apollo Cinema, Pizza Express, River Island and New Look. Other nearby occupiers including BHS, WHSmith, Barclays Bank and Caffè Nero.
Tenure
Freehold.
Description
The property comprises two retail units, 14 Guildhall Square which is arranged over ground, first and second floors, and 15 Guildhall Square which is arranged over ground and basement.
SIX WEEK COMPLETION
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Henry Wilkinson. Telephone: +44 (0)20 7034 4861.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two retail units, 14 Guildhall Square which is arranged over ground, first and second floors, and 15 Guildhall Square which is arranged over ground and basement.
SIX WEEK COMPLETION
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Henry Wilkinson. Telephone: +44 (0)20 7034 4861.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Reversion
14
Ground First Second
Retail Retail/Ancillary Ancillary (2)
153.47 sq m 186.74 sq m Not Measured
(1,652 sq ft) (2,010 sq ft) Not Measured
WATERSTONES BOOKSELLERS LIMITED (1)
Approx 6 years 5 months from 18/05/2012 on a full repairing and insuring lease
£36,750
14/10/2018
15
Ground Basement
Retail Ancillary
60.73 sq m 56.35 sq m
(654 sq ft) (607 sq ft)
VACANT POSSESSION
Totals
457.29 sq m
(4,923 sq ft)
£36,750
(1) Waterstones are booksellers and currently trade from approximately 250 branches throughout the UK (Source: www.waterstones.com 08/06/2015) (2)The second floor is accessed via a hatch and is not currently being used by the tenant.