Available / For Sale
Guide price £195,000
Commercial Premises with 2 Bedroom Flat & Parking – Gorfach, Llanelli
Gorsfach, Llanelli, SA14 8NE
Key featuresMixed-use commercial and residential propertyCommercial premises to ground floorSelf-contained two-bedroom flat aboveFlat currently tenanted at £685 pcmCommercial premises currently tenanted at £600 pcmCombined current rental income of £1,285 pcm£15,420 annual gross rental incomeOff-road parkingAdditional outside/side areaEstablished commercial locationPotential investment or owner-occupier opportunityGuide Price £195,000A ready-made mixed-use investment combining commercial and residential income, this property in Gorfach, Llanelli offers an established ground-floor commercial premises together with a self-contained two-bedroom flat above.Both elements are currently tenanted, generating a combined rental income of £1,285 per calendar month / £15,420 per annum. At the asking price of £195,000, this equates to a gross yield of approximately 7.9%, providing an attractive proposition for investors looking for income from both commercial and residential accommodation.The ground floor provides versatile commercial space currently occupied by an established blinds business, including a reception/customer area, substantial workshop and work areas, ancillary facilities and W.C. Above, the separate residential accommodation comprises a lounge, kitchen, two bedrooms and bathroom.Externally, the property benefits from off-road parking and additional land/outside space to the side, further adding to the versatility of the site. ShopApproach - Off Road parking at the front of the shop leads to the front doorEntrance Foyer - Tiled flooring, doors to the reception area on the right and workshop on the leftReception and office - 6.826 x 3.467Double glazed window to the front, reception area opening to office with a door to the rear lobbyRear Lobby - Tiled flooring, doors to W.C. and kitchenW.C. - Low level flush W.C. and wash hand basinKitchen - 3.206 x 1.799Storage units with sink unit and door to the rearWorkshop - 6.733 x 3.688Double glazed window to the front and door to storageFlat Approach - Kitchen - Fitted with a range of wall and base units with roll top work surfaces over incorporating aone and a half bowl sink unit with drainer and mixer tap over. Space for fridge freezer, oven, hood and washing machine. Door to inner hallway, wired in smoke alarm and loft access. Double glazed window and laminate flooring. Inner Hallway - Doors to bathroom, lounge and bedroom. Laminate flooring, wired in smoke alarm and loft access Lounge - Double glazed window, radiator, laminate flooring and coving to ceiling Bedroom 1 - Double glazed window, radiator, laminate flooring and built in storage cupboards Bedroom 2 - Double glazed window, radiator and laminate flooring Bathroom - Fitted with a low level flush W.C., pedestal wash hand basin and panelled bath with shower over. Heated towel rail and laminate flooringSide Garden - There is a grassed area to the side of the shop and flat
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Sold STC
£495,000
Modern commercial unit for sale in Nantyreos
Cross Hands, Heol Nantyreos, SA14