For Sale By Auction | 12:00, 13 September 2023 | Lot 18

1 Castle Terrace, Pembroke, Pembrokeshire SA71 4LA

Sold £75,000

  • Mixed Use
  • Tenure: Freehold

Call the team on 02920 475 184 for more information

Auction Date

Wed 13/09/2023

Auction Time

12:00

Auction Venue

ONLINE

Investment opportunity - 2 x Shops & Freehold

Opportunity to purchase 2 x vacant retail units, both were recently let and providing a combined income of £8,700 with the added potential of premium incomes from the lease extensions of the 2 flats above. We would advise that all interested parties confirm this within the contents of the legal pack. The building is a substantial end of terrace and is positioned close to the famous Pembroke Castle, adjoining the proposed Henry VII Experience of this busy corner located town centre. Nearby is also the South Quay/Castle Terrace development which will also add to enhancing the area. A number of local retailers are positioned nearby and in our opinion the property would provide an ideal investment purchase. We are informed that both residential leases have approximately 64 years unexpired.

Tenure

Freehold

Viewings

Contact partner agents Guy Thomas Estate Agents & Chartered Surveyors on 01646 682342

Energy Efficiency Rating (EPC)

Current Rating E,D

Local Authority

Pembrokeshire County Council

Solicitors

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

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

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.