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62-62A Heol Morlais, Kidwelly

Carmarthenshire Shop for sale

£630,000 2,566 sq ft

Savoy Stewart
Highlights
  • Good natural light
  • Prominent location
  • It is close to Burry Port harbour, Pembrey Country Park and the Millennium Coastal Park
Property type

Shop for sale

Full address
62-62A Heol Morlais, Kidwelly SA17 4DG – SA17
Asking price
£630,000
Available space range
There is 1 space available. This measures 2,566 sq ft.
Features
Property manager on site, Energy Performance Rating - C
Brochure
Download the brochure

Sale details

Sale unit Available

2,566 sq ft, £245.52 per sq ft, available now

Unit Sale unit
Address 62-62A Heol Morlais, Kidwelly, Dyfed, SA17 4DG, GB
Size 2,566 sq ft
Price £630,000
Price per unit £245.52 per sq ft
  • We are instructed to seek offers in excess of £630,000 (Six Hundred and Thirty Thousand Pounds) Subject to contract and exclusive of VAT.
  • A purchase at this level would reflect a Net Initial Yield of 7.96%, with a reversionary yield of 9.23% in October 2024 assuming purchaser’s costs of 5.13%.
  • Comprising a shop and two 2 bed flats Entirely let to the excellent covenant Martin McColl Limited expiring 2029 with no breaks Fixed uplift in 2024 (3% per annum compounded) Freehold Total current rents reserved £ 52,749 pa rising to £61,150 pa in October 2024.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 62-62A Heol Morlais, Kidwelly

The property is situated in Trimsaran a community and former mining village which lies on the B 4308 between Llanelli and Kidwelly in the Welsh county of Carmarthenshire Trimsaran is six miles from Llanelli, and 13 miles from Carmarthen It is close to Burry Port harbour, Pembrey Country Park and the Millennium Coastal Park

Building subtype
Storefront
Number of storeys
2
Rentable building area
2,566 sq ft
Year built
1983
Parking
Surface, Covered

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in SA17.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Savoy Stewart. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Savoy Stewart for full details and further information.