Lot 40 - 17 Stepney Street, Llanelli, SA15 3YB

  • Unconditional Online Auction Sale
  • Guide Price* : £73,000+
  • Bedrooms: 0

Lot 40 - Commercial Investment



The property comprises of a three story mid terrace unit with a two storey rear addition.

The property was previously occupied by a popular high street retailer and would be suitable for use as a retail store or alternative use subject to the relevant consents.

It is anticipated that the property would let for approximately £15,000 per annum.

The property is located in a prime location in the heart of Llanelli town centre which is close to prominent occupiers which include Santander, Boots, Home Bargains and Lloyds Bank.

Business Rates
Current rateable value is £11,000. The property is classified as ‘Shop and premises'.

Vendor has advised that VAT will be payable on the sale price.

Lease Start Date


Lease Duration

125 years (86 years unexpired)


Floor Area Sq Ft Area Sq M
Ground Floor 1,986 184.5
First Floor 1,692 157.2
Second Floor 495 46.0
Total 4,173 387.7


To be sold with vacant possession


Advised Leasehold - 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 1.2% of the purchase price (subject to a minimum of £1,200) 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.

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Hunt & Thorne Chartered Surveyors

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