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Lot 15 Click here for addendum

Freehold Town Centre Commercial Investment – Gross Yield 15.4%
6 Week Completion

Situation

Occupying a prominent trading position within the town's main pedestrianised retail thoroughfare, amongst such multiples as Superdrug, Card Factory, The Works, EE, Specsavers, Trespass and Greggs, and being under ½ mile from Haverfordwest Railway Station.
Haverfordwest is the administrative centre for Pembrokeshire and a popular tourist destination with its own 12th Century Castle, situated some 30 miles west of Carmarthen enjoying good road links via the A40, A48 and M4.

Property

A mid terraced building comprising a Ground Floor Shop with internal access to Ancillary Storage at first floor plus further Storage at second floor level (ladder access only).
There is also an enclosed rear garden.

Accommodation¹

Ground Floor Shop
Gross Frontage 17'10"
Internal Width 14'6"
Shop Depth 52'2"
Area Approx. 821 sq ft
First Floor Storage
Area Approx. 725 sq ft
WC
Second Floor Storage
Area Approx. 511 sq ft

_______________

Total Area Approx. 2,057 sq ft

¹Not inspected by Barnett Ross. Areas provided by Vendor.

VAT is applicable to this Lot

FREEHOLD

Tenancy

The entire property is let on a full repairing and insuring Law Society lease to N. Y. Brewer (Fancy Dress/Party/Gift Shop) for a term of 5 years from 15th March 2019 (holding over) at a current rent of £10,000 per annum exclusive.

Note: The tenant also trades from another business in Bridge Street.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

30 Bridge Street, Haverfordwest, Pembrokeshire SA61 2AD