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76 Rhosmaen St 1,070 sq ft Retail Property Llandeilo SA19 6ER £175,000 (£163.55/sq ft)

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INVESTMENT HIGHLIGHTS

Grade II Listed Former Bank
Planning Consent for Wine Bar. Approved Listed Building Consent And Building Regulations Approved
Ideal Business Opportunity

Prominent Position within the Town Centre
In Need of Complete Renovation

EXECUTIVE SUMMARY

Formerly the Midland/ HSBC bank, the prominently positioned building is full of original character one would expect in a Grade II Listed property. Planning consent has been obtained for conversion into a wine bar to include internal changes and installation of a mezzanine floor.
Offers in the region of £175,000.
The attractively constructed property stands in the centre of Llandeilo close to shopping and other recreational amenities and therefore it will have a good flow of passing pedestrian traffic. Llandeilo is a popular, developing town with many individual shops and outlets making this a popular destination to live and holiday.
Plans are available for the proposed conversion and these can be viewed, by appointment, at our Llandeilo office or on line with the planning authority reference no. E/37732 .
Llandeilo is situated in the Towy Valley and is centrally located for the M4, the administrative centre of Carmarthen and about 1 hour by car from Cardiff, 30 minutes Llanelli and Swansea respectively.

PROPERTY FACTS

Sale Type

Investment or Owner Occupier

Property Type

Retail

Tenure

Freehold/Long Leasehold

Property Subtype

Shopfront

Property Size

1,070 sq ft

Costar Property Class

Year Built

1950

Price

£175,000

Price per sq ft

£163.55

Tenancy

Single

Number of Floors

Plot ratio

1.54

Total Plot Size

0.02 ac

MAJOR TENANTS

HSBC is one of the world’s largest banking and financial services organisations. Their global businesses serve many million customers worldwide through a network that covers many countries and territories. Their customers range from individual savers and investors to some of the world’s biggest companies, governments and international organisations. They aim to connect them to opportunities and help them to achieve their ambitions. The products and services they offer vary widely according to customers’ needs. They provide individuals and families with mortgages that help them buy their own home, as well as savings accounts and wealth management products that help them plan for the future. They offer businesses loans to invest in growth, and products such as foreign exchange and trade financing that enable them to expand internationally.