The Carwyn James, 131 Station Road, Llanelli, SA15 1YS

ONLINE AUCTION from 27th AUGUST-29th AUGUST A semi detached mixed use premises. The ground floor is comprised of a public house with bar/ lounge area, a pool room, and toilet facilities. The pub has recently been tenanted and was acheiving £18,200 per annum. The first floor is comprised of four bedsits and a one bedroomed flat. The residential accommodation is accessed via a separate entrance to the rear of the property. The residential aspect is fully tenanted and is achieving an annual income of £22,620. We have been informed that the tenants have a good history of rental payments and there are currently no rental arrears (14/08/2024). To the rear of the premises is a beer garden with seating. Location Situated in the town of Llanelli  this property occupies a prominent corner position on Station Road, one of the main thoroughfares through the town. The property is within close proximity to the train station and local bus routes. Additionally, junction 48 of the M4 is a short drive away providing access to Cardiff, Swansea, Bristol and London. Services The property benefits from gas, water and electric (not tested). VAT We have been informed that no VAT is due on the sale of this property Council Tax Band B Tenancy Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount Ground Floor (Pub) Vacant Vacant Vacant Vacant Bedsit 1 TBC TBC TBC £85 per week Bedsit 2 TBC TBC TBC £85 per week Bedsit 3 TBC TBC TBC £75 per week Bedsit 4 TBC TBC TBC £75 per week Flat TBC TBC TBC £115 per week Tenure Advised Freehold - to be verified by solicitor Auction Fees And Additional Costs Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated. Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details. * Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.