FOR SALE BY PUBLIC AUCTION: The auction will take place online on 28th October 2025 at 04:09 PM with registration through our website.
Mid-terrace two-storey retail unit property in the pedestrianised centre of Llanelli with rear parking for two cars.
Description Re-available now that legal pack issues have been resolved.
Mid-terrace two-storey retail unit property in the pedestrianised centre of Llanelli with rear parking area.
The property comprises a ground floor shop/retail area with a services cupboard and rear store/WC. Upstairs is an open-plan retail area accessed via rear stairs. The property is sold with vacant possession and would benefit from some clearing and decorative improvement throughout. There is also useful rear access with room for two vehicles to park as well as amenity space.
Stepney Street is in the pedestrianised centre of Llanelli very close to the St Elli shopping centre and local occupiers include Santander, Boots, Greggs and HSBC.
We are informed that the property is sold subject to a 6 month lease dated 1st June 2025. The rent level appears to be nil/peppercorn but please refer to the legal pack for confirmation.
We are informed the building is leasehold and interested parties are invited to examine the legal pack once available for confirmation of tenure.
Accommodation GF - Retail area, store/utility cupboard, WC FF - Open-plan retail area. OS - Amenity space, parking for two cars.
Informed Leasehold please refer to legal pack for verification of tenure
Additional Fees Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information Auctioneers Office, Seel and Co[use Contact Agent Button]
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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