5-7 Red Street, Carmarthen
Carmarthen, SA31 1QL

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Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311

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  • 1,307 sqft (121 sqm)
  • To let
  • £32,500 per annum


LOCATION The premises is located within the prime part of the pedestrianised Red Street, Carmarthen, with adjacent occupiers being Cafe Nero and Greggs. Other occupiers within the immediate vicinity include O2, Trespass, Boots and H.Samuel.

DESCRIPTION The premises comprises ground floor accommodation with first floor ancillary space. Access is direct from Red Street whilst rear access is provided for deliveries.

TERMS The premises is available on the basis or a new lease for a term to be agreed on an effective full repairing and insuring lease (via service charge) with five yearly upwards only rent reviews.

Quoting Rent - £32,500 RATEABLE VALUE The 2017 Rateable Value for the property is: Rateable value £43,750 Rates payable £23,406 Interested parties are encouraged to make their own enquiries with the Local Rating Authority.

VAT VAT is payable to the rent.

ACCOMMODATION The property provides the following approximate areas and dimensions:- Shop Depth/Built Depth 12.08 m 42 ft 0 in Internal width 10.24 m 33 ft 6 in Ground Floor Sales 121.42 sq m 1,307 sq ft Ground Floor Store 85.65 sq m 922 sq ft PLANNING A1 use but other uses will be considered.

EPC RATING TBC LEGAL COSTS Each Party to be responsible for their own costs incurred in this transaction.

The specification includes;

  • Former bank premises to let
  • Lease expires February 2024
  • Excellent location in affluent seaside town
  • Prominent building and location
  • Parking to the rear


Strictly by appointment with sole agents Cooke & Arkwright.

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

Mansford has expanded its investment portfolio over the last few years. Over this time Andrew West has provided us with a full rating valuation service which has involved giving a view on liabilities prior to acquisitions, as well as conducting negotiations with Valuation Officers on our UK estate. The portfolio includes a wide range of properties from shops, offices and pubs to major leisure schemes. He has been particularly successful in mitigating our liabilities to empty property rate, which has been an issue on acquisition prior to implementing our development and letting strategy. I have no hesitation in recommending Andrew's expertise in rating valuation for all property types. The profile of property within his portfolio and the successes achieved are testament to his position as an extremely accomplished rating practitioner.

Leopold Hall, Partner, Mansford LLP