Substantial Former Bank Premises in the Centre of the Teifi Valley Market Town of Newcastle Emlyn - West Wales
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Substantial Former Bank Premises in the centre of the Teifi Valley Market town of Newcastle Emlyn - West Wales. 8 Cawdor Terrace, Newcastle Emlyn, Carmarthenshire. SA38 9AU. Ref C/2155/DD. STARTING BID - £140,000 **FOR SALE BY ON LINE AUCTION ENDING 11TH MARCH 2021 AT 11A.M** **Substantial Town Centre Commercial and Residential Property**Fronting the main thoroughfare within this busy West Wales Market Town**Ground Floor Former Bank Premises with immense potential for a variety of commercial purposes (stc)** First Floor Residential self contained flat has been sold on a long Leasehold basis which expires on the 28th September 2029, however the freehold title is included in the purchase** The Ground Floor provides in all some 1200 sq ft of floor space which is divided into the main banking hall, 4 offices, staff kitchen, ladies and gents toilets, vault/strong room, filing room and rear hallway. The flat over is on two floors and provides up to 3 bedrooms. The vibrant Market town of Newcastle Emlyn lies in the lower reaches of the Teifi Valley in West Wales and offers a comprehensive range of shopping and schooling facilities and only half an hours drive from the Cardigan Bay coastline with its several popular sandy beaches. 40 minutes drive from Carmarthen and the link road to the M4 motorway. -2- GENERAL Main Banking Hall The offering of 8 Cawdor Terrace on the market provides prospective purchasers with an opportunity of acquiring a most substantial commercial and residential property of immense potential. The ground floor is now vacant following the surrender of Tenancy by Barclays bank and the first floor has been sold on a Lease which expires on the 28th September 2029 at a peppercorn rent, however the freehold title is included in the purchase The ground floor provides as follows - GROUND FLOOR 20' 0" x 18' 0" (6.10m x 5.49m) with main front entrance door and large display windows to front. Front Office Inter connecting rear office 2 12' 4" x 11' 9" (3.76m x 3.58m) with large front window. 16' 8" x 10' 8" (5.08m x 3.25m) Further Office 3 11' 3" x 9' 7" (3.43m x 2.92m). Plant Room Storage Area Ladies and Gents Toilets Rear Hall With exterior door. Vault/Strong Room 12' 1" x 9' 6" (3.68m x 2.90m). Staff Room/Kitchen 12' 6" x 11' 8" (3.81m x 3.56m) with a stainless steel sink unit -3- and hot water geyser. EXTERNALLY Rear Office 4 Street Frontage 11' 1" x 10' 0" (3.38m x 3.05m) Store Room/Filing Room 12' 7" x 4' 4" (3.84m x 1.32m) FLAT Please Note - The flat over has not been inspected by the Agents, it is believed to provide viz : FIRST FLOOR Half Landing To the Rear Bathroom Walled in rear garden. Separate W.C. Directions Main Landing The property is located within the centre of the town opposite the Pelican Crossing and next door to the town L shaped. police station. Kitchen/Dining Room Lounge Bedroom SECOND FLOOR 2 Further Bedrooms Study -4-.