9-11 Old Castle Road, Llanelli, Dyfed, SA15 2SL

ONLINE AUCTION from 28th July – 30th July A substantial freehold commercial property comprising two adjoining commercial premises occupying a position on Old Castle Road, Llanelli. The property offers flexible accommodation including a large open-plan commercial area, offices, treatment rooms and a self-contained commercial unit with independent access. The property is offered with vacant possession, with the exception of one self-contained unit. We have been informed by the landlord that this unit is currently let to a Housing Association at a passing rent of £688 per calendar month, with approximately 12 months remaining on the existing lease. Benefiting from rear access and off-road parking with on-street permit holders parking to the front, the property offers excellent asset management potential with scope to generate multiple rental income streams. Subject to the necessary planning consents, purchasers may also wish to explore the potential for conversion into approximately 7–8 residential apartments, making this an attractive redevelopment opportunity. We have been informed by the landlord that the property has historically operated as a successful multi-let commercial premises with a variety of occupiers. The flexible layout provides purchasers with the opportunity to re-let the remaining accommodation to multiple tenants or reconfigure the space to suit their own inves…

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