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£229,500
54 King Street, Carmarthen SA31 1BD
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Property Features
3 Bedrooms | Status: Available | Ref: 2840
  • INVESTMENT PROPERTY - PRICE REDUCED
  • 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 FLOOREntrance 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 FLOORCATERING KITCHENOFFICECELLAR Access to rear SMALL REAR GARDEN.FIRST FLOOR - FLAT 1LARGE OPEN PLAN LOUNGE/KITCHEN/DINERBATHROOMDOUBLE BEDROOMSECOND FLOOR - FLAT 2OPEN PLAN LOUNGE/DINERKITCHENETTEBEDROOM BATHROOMTHIRD FLOOR - FLAT 3LOUNGEKITCHENBATHROOM BEDROOMTHE BUSINESS The current rental income for the ground floor commercial area, yields an annual income of 17,160.00pThe 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?4,680.00pFlat 3?4,420.00pLICENCEA Premises Licence is held for the ground commercial area. LOCATIONThe 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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