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.