4 bed retail premises for sale

Cynwyl Elfed, Carmarthen SA33

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.