Three-storey retail block with conversion potential in central Carmarthen sold by auction.
Large three-storey double-fronted retail building, approx. 2,186 sq ft
A large three-storey, double-fronted retail building in the busy Notts Square trading area of Carmarthen, offered freehold and sold at online auction. The ground floor is currently let, producing a modest income of £5,400 per annum, while upper floors provide extensive ancillary/storage space and could offer scope for residential conversion subject to necessary planning consents.
The property totals approximately 2,186 sq ft across four levels, with practical features including recent double glazing and mains gas boiler/radiator heating. Its town-centre position places it close to multiple national and independent retailers, public transport links and town services, making it attractive for income-focused buyers or developers targeting central conversion projects.
Important cautions are stated plainly: there is no planning permission in place for residential use, the sale is subject to VAT, and the advertised freehold title should be verified by your solicitor. The surrounding area is rated very deprived with very high local crime levels — factors that can affect rental demand, lettings and future value.
This lot suits a buyer comfortable with auction purchase dynamics and contingency planning for planning and refurbishment. It offers clear redevelopment potential but will require active management, consent work and due diligence on title, services and market risk before committing.
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