Part Let Town Centre Mixed Use Investment/Development Opportunity

An opportunity to acquire a three storey mid terraced part let mixed use property, comprising of a commercial ground and lower ground floor commercial element, which is currently leased to the established operator Redwing Travel Agents at £10,000 per annum until 2030. To the upper two floors is a substantial three bedroom self-contained apartment that requires modernisation. In our opinion, the upper floors could be subdivided to provide 2 independent units subject to planning and usual consents. The building is located on the High Street of this very popular County town alongside a variety of retailers. Good access is provided to the Pembrokeshire coastline and the A477 and the M4 along with the Pembrokeshire Coastline which attracts a large number of visitors. The town also has a historic castle nearby set on the banks of the Pembroke River.

Tenure

See Legal Pack

Ground Floor

Large showroom with glazed frontage, rear hallway with staff room, kitchenette, W/C. Staircase to lower ground floor.

Lower Ground Floor

Two storage rooms. Self-contained side access with staircase to upper floor residential element.

First Floor

Landing, open kitchen/dining room, large lounge.

Second Floor

Landing, Three bedrooms, bathroom.

Tenancies

Ground Floor lease until 2030 to Redwing Travel Agents at £10,000 per annum. Please refer to the legal pack for a copy of the lease.

Viewings

Through our partner agents Guy Thomas Estate Agents on 01646 682342

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Pembrokeshire County Council

Solicitors

Howells Solicitors, Fitzalan House, Ref: Howells Solicitors, Tel: 029 2040 4020

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.