 | Redevelopment Opportunity For Sale Carmarthenshire, South Wales, United Kingdom Advert ref: MS 354 FINANCIAL DETAILS | Asking price: £1,100,000 Sales revenue: Undisclosed Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | A rare opportunity to acquire a town centre redevelopment site. A resolution to grant outline planning permissions for a 2,000 square feet retail outlet and circa 35 one and two bedroom apartments (with provision for parking) has already been passed by local planning authority
Full outline planning will be granted on completion of the section 106 payment in lieu of the provision of affordable housing as already agreed with the local au
Due to the convenient location of the complex, within easy walking distance of the town centre and amenities the development could suit retirement use.
The existing retail newsagents’, with off license and full lottery service aprrox.500 sq .ft has a GP of circa £100,000 pa.
The new 2,000 sq ft retail unit will provided the opportunity to introduce a full convenience foods operation which will grandly enhance the turnover/profit. When fully operational the estimated value of this new retail unit will be approx. £350,000
Premises:
Existing premises consist of a shop unit and a light industrial unit. The total ground area is approx. 11,000 sq ft .The plan calls for the demolition of these existing properties.
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GENERAL INFORMATION | Property: Freehold
Location
Well located very close to the town centre and all facilities.
Related documents
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The Business Partnership - South Wales | | | |
