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COMMERCIAL

Cynwyl Elfed, Carmarthen

Guide Price
£80,000
eXp UK, Wales
PROPERTY TYPE

Convenience Store

BEDROOMS

4

BATHROOMS

1

SIZE

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Key features

  • GH0784
  • ONLINE AUCTION METHOD OF SALE
  • No chain
  • Annual rental income £13,000
  • Vacant first floor
  • Sizeable plot
  • Local amenities
  • Well-served by public transport
  • Ground floor convenience store/post office
  • Viewings recommended!

Description

Presenting a unique opportunity for sale, this terraced commercial property comes with a wealth of potential. The property currently houses a ground floor convenience store and post office, which is already generating an annual rental income of £13,000. 

The first floor of the building is vacant and in need of renovation, offering a blank canvas for the new owner to make their mark, whether that be for further commercial use or for a residential transformation. The property comprises of four bedrooms, a single bathroom, a kitchen, and a reception room, all of which are ready for a makeover. 

One of the key benefits of this property is its sizeable plot, offering ample space for development or expansion. Another advantage is the absence of a chain, ensuring a straightforward sale process. 

Location-wise, the property is in an area well-served by public transport links, making it easily accessible for both customers and residents. Nearby schools make it a desirable location for families, while local amenities ensure everything one could need is within a short distance. 

This property is being sold by online auction, offering a quick and convenient method for the purchase. If you're looking for a property with the potential for a strong return on investment, this commercial terraced house could be the perfect fit. The need for renovation opens up the possibilities for a bespoke creation that meets your specific needs and tastes. Whether you're an investor or a business owner, this property offers a world of potential.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Cynwyl Elfed, Carmarthen

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Carmarthen Station5.4 miles

About the agent

eXp UK, Wales

1 Northumberland Avenue, Trafalgar Square, London, WC2N 5BW

eXp UK, Wales

eXp UK are the newest estate agency business, powering individual agents around the UK to provide a personal service and experience to help get you moved.

Here are the top 7 things you need to know when moving home:

Get your house valued by 3 different agents before you put it on the market

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Notes

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Disclaimer - Property reference S1024484. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by eXp UK, Wales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call eXp UK, Wales on 03304 609968.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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