Sold Price: £100,000, 2 Nott Square, Carmarthen, Carmarthenshire, 433+46333

Property Details

Location

The property is located in Carmarthen in a prominent position fronting the pedestrianised shopping area on Nott Square close to Carmarthen Town Council offices. Carmathan lies approximately 30 miles north west of Swansea.

Description

To be offered by Auction. Three storey mid terrace former bank with accommodation and ground floor and basement level, approximate total area 221 m2 (2,376 ft2). The upper floors are subject to a lease dated November 1969 for a term of 42 years (holding over) with a passing rent of £7,250 pa. The property may represent a development opportunity subject to obtaining the necessary consents.

Accommodation

Accommodation	Sq M	Sq Ft
Ground Floor	111	1,195
Basement	109	1,173
Total	220	2,368

Approx Site Area

Approximately 252 sq m2 (301 sq yd)

Planning

Interested parties should consult with the local planning office - Planning Services, 8 Spilman Street, Carmarthen, SA31 1JY, Telephone: 01267 228659, Email address: planning@carmarthenshire.gov.uk.

Tenancy

The upper floors are let by way of a lease dated 18th November 1969 for a term of 42 years. The tenant is holding over with a passing rent of £7,250 per annum.

Addendum

The upper floors are let by way of a lease dated 18th November 1969 for a term of 42 years. The tenant is holding over with a passing rent of £7,250 per annum. The title plan has been revised as per the legal pack. The updated site area is approximately 252 sq m2 (301 sq yd)