Savills · 21 Oct 2026 · in 2 days
High Yielding Retail Investment
15 Red Street, Carmarthen, Dyfed, SA31 1QL · Wales
LiveRetailLeaseholdLetRelisted
- Guide
- £275,000
- Rent a year
- £52,500
- Yield on the guide
- 19.1%
- Payback
- 5.2 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
- Size
- 3,553 sq ft£14.78 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 25 Jan 2024 (certificate 8345-5918-4664-4113-5188). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
- Listed before with Savills for 30 Sept 2026: Withdrawn, guide £290,000. See that listing
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold retail lot in Dyfed. Producing £52,500 a year, a 19.1% gross yield at the guide.
High Yielding Retail Investment Occupying a High Footfall Pedestrianised Pitch Retail Unit and Upper Parts Let to Trespass on a Six Year Lease Expiring 10.07.2031 Investment Let at £52,500 per annum. High Yielding Retail Investment. Retail Unit and Upper Parts Trespass Investments Limited. Six Year Lease Expiring 10.07.2031. Tenant in Occupation 14+ Years. Asset Management Potential. Approx. 3,553 sq ft (330.1 sq m). Investment Let at £52,500 p.a. (19% GIY on Guide Price). The property comprises a high yielding retail investment occupying a high footfall pedestrianised pitch. Arranged as a ground floor retail unit with ancillary upper parts, the property is let to Trespass Investments Limited (t/a Trespass) on a six year lease expiring 10.07.2031 and paying £52,500 per annum. The tenant has been in occupation 14+ years and we consider the property offers asset management potential via renewal. The property occupies a prominent pitch fronting the pedestrianised Red Street, forming part of the principal retail amenity within Carmarthen. The surrounding area is characterised by a number of national retailers including Greggs, Three, and an M&S department store immediately opposite. Tenancy: Founded in 1938, Trespass is one of the UK's leading outdoor clothing and equipment retailers, operating an extensive network of stores across the UK and internationally. The company specialises in outdoor clothing, walking footwear, camping equipment and ski wear, providing investors with the benefit of an established national retail tenant. Tenure: Long Leasehold- 125 years from 21/01/1983 Freeholder: Carmarthenshire Council
Figures come from Savills' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.