Summary - 17 NOTT SQUARE CARMARTHEN SA31 1PQ
1 bed 1 bath Retail Property (high street)
Spacious auction lot with income and conversion potential in Carmarthen town centre.
- Freehold three-storey, double-fronted high street property
A three-storey, double-fronted high street unit in the heart of Notts Square, offered freehold and for sale by online auction. The ground floor is let producing £5,400 pa, providing immediate income; upper floors total substantial ancillary space (c.2,186 sq ft overall) with potential for residential conversion subject to planning. The guide price is low relative to size, reflecting clear refurbishment and planning risk — this is a value-led opportunity for an investor or developer.
Key practical facts are straightforward: VAT is payable on the sale, the Rateable Value is £10,750, and services are listed as TBC. The building dates from c.1900–1929, has double glazing fitted post-2002, mains gas heating to radiators, and cavity walls assumed without insulation — refurbishment will likely be needed to modernise thermal performance and services.
Material negatives to note: the property sits in a very deprived area with very high local crime levels, which will affect lettability and resale value for some uses. Upper-floor residential conversion is not guaranteed and will require planning consent and likely investment to meet current building regulations. The property will be sold at auction, so buyers should complete enquiries and legal checks in advance.
This lot suits a hands-on investor or small developer seeking a low-entry purchase with immediate rental income and scope to add value through refurbishment or change of use (subject to consents). Expect to budget for works, professional fees, and VAT on the purchase.
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