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Parc Pensarn Retail Park Unit 1 Stephens Way 6,928 sq ft Retail Property Carmarthen SA31 2NG £1,041,000 (£150.26/sq ft) 8% Net Initial Yield
Investment Highlights
- Prominently positioned on the Parc Pensarn Retail Park, one mile south of Carmarthen Town Centre and adjacent to the A40
- Modern supermarket unit built in 2012 extending to 6,928 sq.ft. (643.63 sq.m)
- Established retail warehouse location adjoining KFC, Dunelm, Dominos Pizza, Subway, Marston’s Family Pub and close to McDonalds
Executive Summary
Price – £1,041,000
The property is held long leasehold on a 999 year lease from 24th October 2012 at a peppercorn rental.
Let to Farmfoods Ltd on a lease expiring 22nd December 2034 (circa 9 years unexpired)
The property is held long leasehold on a 999 year lease from 24th October 2012 at a peppercorn rental.
Let to Farmfoods Ltd on a lease expiring 22nd December 2034 (circa 9 years unexpired)
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Supermarket
Property Size
6,928 sq ft
Costar Property Class
B
Year Built
2012
Price
£1,041,000
Price per sq ft
£150.26
Yield
8%
NOI
£83,300
Tenancy
Single
Number of Floors
1
Plot ratio
0.09
Total Plot Size
1.79 ac
Frontage
55 ft on Stephens Way
1 1
Nearby Major Retailers
1 of 3
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Parc Pensarn Retail Park | Unit 1 Stephens Way
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