Llanelli Vacant Freehold Shop With Two Bedroom Flat For Sale

Price:

Freehold - £89,950

Seller Ref:

MS390

Location:

Wales, South Wales, Llanelli

Business Type:

Commercial Property, Retail businesses

See Other:

Other retail businesses for sale in Wales
Investment properties for sale in Wales
Office space for sale in Wales
Other commercial property for sale in Wales
Retail space for sale in Wales
Retail businesses for sale in Wales
Commercial property for sale in Wales

Description:

THE BUSINESS:

Dramatically Reduced and priced to sell

A ‘Buy to Let’ commercial and residential property previously operating as a Post Office.
The property has a lock-up retail or office premises to the ground floor with a self-contained two bedroom flat to the first floor. The property price has been slashed for a quick sale.

The shop is rented out on a yearly lease for £200 per month and the flat has an income of £400 per month on a short term lease. The income equates to almost 8.25% yield on the property price

The premises are suitable for most retail or office uses (subject to the necessary permissions being granted)

Premises:
Good sized sales shop (approx.300 sq ft) fitted with slotted walls for display. There is a suspended ceiling fitted with integral lighting units. The entrance is fitted with a security gate.
At the back of the shop there is a storeroom (approx.100 sq ft), a small kitchen area and a staff toilet. There is access to the rear yard that in turn has access to a rear lane.

Location Details:

The property is well located amongst other retail, commercial and residential properties on a busy road and close to the town centre

Accommodation:

The flat over is accessed via a front UPVC door with stairs up to the first floor, There are two bedrooms, bathroom, separate toilet, a lounge and a kitchen/diner