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Yr Atom 18 King St 12,734 SF 100% Leased Office Building Carmarthen SA31 1BN $651,856 CAD ($51.19 CAD/SF)



Investment Highlights
- GIA - 12,734 sq ft / 1,183 sq m.
- Part let to 6 tenants with a total passing rent of £26,751.50 per annum.
- The property has an EPC rating of D
- Asset management opportunities for the vacant space.
- Good condition with refurbished office suites and meeting spaces.
Executive Summary
Substantial part let freehold office / retail investment in Carmarthen town centre. Offers are invited in the region of £350,000 for the freehold interest.
Located in the heart of Carmarthen town centre, Yr Atom is a substantial, two-storey building that offers an attractive investment opportunity. The property was previously used by University of Wales Trinity Saint David (UWTSD) as a Welsh Language Centre but due to the consolidation of services, the property is now surplus to requirements. The property has been let in part (approx. 36% of the lettable space) to individual occupiers and therefore offers a part-let retail and office investment with asset management opportunities to occupy, let or re-develop the vacant space. The ground floor comprises two retail units alongside a cafeteria and individual office suites and meeting rooms. The first floor provides further office space with a large communal area. There is lift access and each floor has WC facilities. Since purchasing in 2014, UWTSD have spent significant investment on the building and have continually maintained the property.
Yr Atom is located in Carmarthen, approximately 30 miles west of Swansea and 70 miles north-west of Cardiff. Carmarthen is a well-established commercial centre and serves as the key administrative and commercial hub for the region.
The town has good links by road, with direct access via the A48 from the M4 motorway to Swansea (30 miles), Cardiff (70 miles) and London (212 miles).
Carmarthen train station is 0.5 miles from the property and provides regular services to Cardiff, Swansea and Manchester and has connections to west Wales including Fishguard and Milford Haven.
The main entrance to the property is located on King Street, a main retail thoroughfare in the town centre. In the vicinity there is an array of independent shops, national retailers, cafes and restaurants.
The property extends to Spilman Street to the rear, where it lies adjacent to the Stag & Pheasant pub and opposite The Ivy Bush Hotel and Rees Richards estate agents.
Located in the heart of Carmarthen town centre, Yr Atom is a substantial, two-storey building that offers an attractive investment opportunity. The property was previously used by University of Wales Trinity Saint David (UWTSD) as a Welsh Language Centre but due to the consolidation of services, the property is now surplus to requirements. The property has been let in part (approx. 36% of the lettable space) to individual occupiers and therefore offers a part-let retail and office investment with asset management opportunities to occupy, let or re-develop the vacant space. The ground floor comprises two retail units alongside a cafeteria and individual office suites and meeting rooms. The first floor provides further office space with a large communal area. There is lift access and each floor has WC facilities. Since purchasing in 2014, UWTSD have spent significant investment on the building and have continually maintained the property.
Yr Atom is located in Carmarthen, approximately 30 miles west of Swansea and 70 miles north-west of Cardiff. Carmarthen is a well-established commercial centre and serves as the key administrative and commercial hub for the region.
The town has good links by road, with direct access via the A48 from the M4 motorway to Swansea (30 miles), Cardiff (70 miles) and London (212 miles).
Carmarthen train station is 0.5 miles from the property and provides regular services to Cardiff, Swansea and Manchester and has connections to west Wales including Fishguard and Milford Haven.
The main entrance to the property is located on King Street, a main retail thoroughfare in the town centre. In the vicinity there is an array of independent shops, national retailers, cafes and restaurants.
The property extends to Spilman Street to the rear, where it lies adjacent to the Stag & Pheasant pub and opposite The Ivy Bush Hotel and Rees Richards estate agents.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
12,734 SF
Building Class
B
Year Built
1985
Price
$651,856 CAD
Price Per SF
$51.19 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,040 SF
Building FAR
1.61
Lot Size
0.18 AC
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Yr Atom | 18 King St
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