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
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.
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
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
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.
