Avenue Villa Dental Surgery Queen Victoria Road Llanelli SA15 2TP

Avenue Villa Dental Surgery
Queen Victoria Road
Llanelli
SA15 2TP

Freehold Dental Surgery Investment

Let to Portman Healthcare Limited
2018 and 2023 Tenant break options Not Exercised
Tenant option to renew in December 2028 until 2043
Detached Surgery Building with Car Parking
Long term Residential Conversion Potential (Subject to Consents)
Nearby occupiers include a range of restaurants, a local parade of shops and St Elli Shopping Centre less than a 10 minute walk away

Lot
19
Auction
27th March 2025
Rent
£23,500 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

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Freehold Dental Surgery Investment

Let to Portman Healthcare Limited
2018 and 2023 Tenant break options Not Exercised
Tenant option to renew in December 2028 until 2043
Detached Surgery Building with Car Parking
Long term Residential Conversion Potential (Subject to Consents)
Nearby occupiers include a range of restaurants, a local parade of shops and St Elli Shopping Centre less than a 10 minute walk away

Lot 19
Auction 27th March 2025
Rent £23,500 per Annum Exclusive
Status Sold Prior
Price
Sector
Healthcare, Medical Centre/Doctors, Dentist
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 12 miles north-west of Swansea, 54 miles north-west of Cardiff
Roads: A476, A484, A4138, A4214, M4 (Junction 48)
Rail: Llanelli Railway Station
Air: Cardiff International Airport

Situation

The property is situated on the south west side of Queen Victoria Road, less than 400 metres south west of Llanelli town centre in a predominantly residential location. Nearby occupiers include a range of restaurants, a local parade of shops and St Elli Shopping Centre less than a 10 minute walk away.

Tenure

Freehold.

Location

Miles: 12 miles north-west of Swansea, 54 miles north-west of Cardiff
Roads: A476, A484, A4138, A4214, M4 (Junction 48)
Rail: Llanelli Railway Station
Air: Cardiff International Airport

Situation

Tenure

Freehold.

Description

The property comprises an attractive 2 storey detached surgery building with 5 dental surgeries and ancillary accommodation. The property also benefits from Car Parking to the side of the property.

The property may be suitable for Long term Residential Redevelopment or Office Conversion, Subject to obtaining the required consents.

VAT

VAT is not applicable to this lot.

EPC

Band C

Description

VAT

VAT is not applicable to this lot.

EPC

Band C

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Reversion
Ground First	Surgery Surgery	105.54 89.09	1136 959	PORTMAN HEALTHCARE LIMITED (CRN: 067405579) (2)	From 10/12/2013 (1)	£23,500	(09/12/2028
Total Approximate Floor Area		194.63	2095			£23,500

(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/212952197)
(2) The lease provides for a Tenant Option to extend the lease until 2043
(3) Portman Healthcare Limited (CRN: 067405579) was incorporated in November 2008

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.