Mixed Commercial & Residential Property in Whitland, Carmarthenshire with £21,600 Rental Income
Whitland, Carmarthenshire
- Status
FOR SALE
- Date Submitted:
10/01/18
- Advert ID
208129
- Reference
INV332222J / Rightbiz
- Call Agent:
- Freehold: £299,000
- Turnover: £21,600 (£415 Per week)
- Net Profit: Not Applicable
Key Features
- Offers Invited
- Adjacent to Multiple Retailers
- Close to Local Amenities
- With Car Park
- Open Plan Trading Area
- Established Business
- Prime Location
- Unique Business
- Split Level Trading Area
- Central Position in Affluent Village
- Fully Fitted
- Attractive Business
- Potential for Alternative Use
- Price Reduced
- Town Centre location
Business Details
MIXED COMMERCIAL & RESIDENTIAL INVESTMENT OPPORTUNITY, ST. JOHN ST., WHITLAND, DYFED. SA34 0AN
Excellent Investment Property Opportunity
£21,600 Current Rental Income Achieved
2 Ground Floor Shops Leased To Same Tenant
Quality Refurbished 3 Bed S/Cont Flat Above
Busy Main Street in Whitland, West Wales
Highly Recommended Proposition
An excellent property Investment opportunity consisting of two former terraced commercial/residential properties, situated right in the heart of the main shopping street of this most pleasant and vibrant west wales town.
Having tenants in place, occupying the 2 catering outlets to the ground floor, and bringing in combined rent of £15,600 per year, and with the added bonus of a newly refurbished and very spacious fully self contained 3 bedroom flat above, now also rented out and bringing in a further £6,000 per year.
Positioned in the main street of the Carmarthenshire town of Whitland, the property sits alongside and opposite numerous other business outlets, has free parking to front, a rear off road yard/private car parking facility for the flat and is also surrounded by strong levels of residential properties.
The two catering outlets to the ground floor of the property (Café & Sandwich Bar), achieve a combined rent of £15,600 per annum (£650 per shop/per month). New 5 year lease advised agreed/signed from October 2018.
The 3 bed flat above has fairly recently been fully refurbished & equipped to a high standard and is also advised by our seller as being rented out at £500 per month on a standard AST.
This excellent Investment proposition therefore has a combined rental income advised of £21,600 per annum.
Given the versatility, size, condition and location of the building, coupled to its full tenancies seen in place, this investment opportunity therefore comes highly recommended to the market.
FINALLY, PLEASE NOTE: Our vendor who is based in London and who is keen to sell, is also seriously open to price negotiation in return for a swift sale!
EPC Ratings: E (for both shops & flat)
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01633 868609.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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