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Llanelli Town Centre Redevelopment Opportunity For Sale
Price:
Freehold - £400,000
Seller Ref:
MS359
Location:
Wales, South Wales, Lanelli
Business Type:
Commercial Property
See Other:
Development sites for sale in Wales
Industrial units for sale in Wales
Investment properties for sale in Wales
Other commercial property for sale in Wales
Commercial property for sale in Wales
Description:
THE BUSINESS:
We are pleased to offer this rare opportunity to acquire a town centre redevelopment site. Outline planning has been granted for a mixed development of apartments and commercial/retail. (With provision for parking) has been passed by the local planning authority
Due to the convenient location of the complex, within easy walking distance of the town centre and amenities the development could suit retirement use.
The existing retail newsagents, with off license and full lottery service aprrox.500 sq .ft has a GP of circa £100,000 pa.
The new 2,000 sq ft retail unit will provide the opportunity to introduce a full convenience foods operation which will grandly enhance the turnover/profit. When fully operational the estimated value of this new retail unit will be approx. £350,000
Premises:
Existing premises consist of a shop unit and a light industrial unit. The total ground area is approx. 11,000 sq ft .The plan calls for the demolition of these existing properties
Location Details:
Well located very close to the town centre and all facilities.
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