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20+20A, Inkerman Street Llanelli, Dyfed, SA15 1SA
For Sale
£80,000
Brief Description
Situated on Inkerman Street, close to Murray Street. This mid terrace mixed use property comprises of a commercial premises to the ground floor, with a one bedroom first floor flat above. Llanelli is approximately 30 minutes from Swansea City Centre and is easily accessible via the M4 motorway.
The ground floor is currently occupied by popular Mr b's Vape shop; Which comprises of retail space with W.C, kitchen and storage facilities to the rear.The ground floor commercial premises is let for a term of 5 years from 2022 at a rent of £4,200 per annum.
The first floor flat is a one-bedroom flat comprising of lounge, kitchen, one bedroom and bathroom.
The first flat is currently tenanted on a 6-month AST, at a rent of approximately £4,200 per annum.
The property also benefits from a garage to the rear accessed through a side lane.
This property provides a total annual income of approximately £8,400 per annum.
The garage to the rear was previously rented out for approximately £1,200 per annum.
Full Description
SHOP FLOOR
W.C.
STORE ROOM 1
STORE ROOM 2
FIRST FLOOR
HALLWAY
LOUNGE/DINER 12'1" x 12'1" (3.7m x 3.7m)
KITCHEN 8'6" x 6'10" (2.6m x 2.10)
BATHROOM 8'6" x 4'11" (2.6m x 1.5m)
BEDROOM 1 14'5" x 8'2" (4.4m x 2.5m)
EXTERNAL
Further Information -
Please note it is the responsibility of all purchasers to conduct their own investigation into all aspects of the property. We recommend reading through the properties legal pack, which is available on our website, prior to bidding and also seek legal advice. If you are
successful, you will be required to pay a 10% deposit, together with the buyer’s premium/holding fee and complete in 28 days, therefore we would strongly recommend for you to ensure your finances are in place before the auction, due to the timescales involved.
The holding fee is the buyer’s premium purchase fee which is £2,400. If you are the successful bidder, you are contractually bound to exchange, with a 10% deposit, on the property as per the terms and conditions you agreed to when registering for the auction. With completion being 28 days later unless the contract states otherwise. Should the property sell prior to auction the same fee of £2,000 plus VAT is payable.