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£239,500
54 King Street, Carmarthen SA31 1BD
Property Images
Property Features
3 Bedrooms | Status: Available | Ref: 2840
  • INVESTMENT PROPERTY
  • IDEAL CENTRAL LOCATION
  • FIVE STOREYS
  • THREE, ONE BEDROOM FLATS
  • SUITABLE FOR MANY BUSINESS OPPORTUNITIES
Property Description

FIVE STOREY MID TERRACED PREMISES LOCATED AT THE BUSY OLD TOWN, AND CURRENTLY PROVIDES AN INVESTMENT WHICH HOUSES A BAR AND THREE, ONE BEDROOM FLATS ABOVE.

The accommodation is set out on five floors and comprises:-

GROUND FLOOR

Entrance leading through to...

OPEN PLAN BAR
Decorated in a modern theme and in good condition. The two seating area to the front and rear of the room. The room can accommodate 60 customers seated comfortably and many more standing.

LOWER GROUND FLOOR

CATERING KITCHEN

OFFICE

CELLAR

Access to rear SMALL REAR GARDEN.

FIRST FLOOR - FLAT 1

LARGE OPEN PLAN LOUNGE/KITCHEN/DINER

BATHROOM

DOUBLE BEDROOM

SECOND FLOOR - FLAT 2

OPEN PLAN LOUNGE/DINER

KITCHENETTE

BEDROOM

BATHROOM

THIRD FLOOR - FLAT 3

LOUNGE

KITCHEN

BATHROOM

BEDROOM

THE BUSINESS

The current rental income for the ground floor commercial area, yields an annual income of 17,160.00p

The premises are to be sold as an investment, and therefore no trading figures are available.

The potential rental incomes of the flats are as follows:-

Flat 1 5.200.00p
Flat 2 4,680.00p
Flat 3 4,420.00p

LICENCE

A Premises Licence is held for the ground commercial area.

LOCATION

The County Town of Carmarthen is often referred to as the ?Gateway to West Wales" and sits on the banks of the River Towy. With a population of some 15,000, there are excellent transport links via the A40 and A48 leading to the M4.

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