Lot 59 - 19 High Street, Haverfordwest, Dyfed, SA61 2BW

  • Unconditional Online Auction Sale
  • Guide Price* : £240,000+
  • Bedrooms: 5

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LOT 59 - Investment/Development opportunity

Description

ONLINE AUCTION from 29th AUGUST-31st AUGUST

A substantial freehold building currently comprising a ground floor retail unit and 5 flats. The flats are fully tenanted and are achieving a rental income of £2,600 pcm. The ground floor unit is currently vacant but has potential to achieve between £450/£500 pcm.

The vendor has advised that they have received a mortgage valuation of £325,000.

Location
The property is located in a prominent position on one of the main shopping thoroughfares through the town of Haverfordwest. The property is situated within close proximity to the A4076 and Haverforwest train station. There are a number of independent and national retailers situated along the road, including Barclays Bank, JD Weatherspoons and Poundland. To the rear of the property is a public car park.

Services
The property benefits from water, electric (not tested).

VAT
We have been advised there is no VAT applicable on this sale.

Please note the tour is from 2022 prior to the property being let.
VIRTUAL TOUR

Council Tax Band

A

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Retail/Office 266.19 24.73
Rear Office 84.82 7.88
Kitchen 40.90 3.8
WC 12.92 1.20
First Floor Flat 1 Lounge/Kitchen 175.88 16.34
Bedroom 90.42 8.4
Bathroom 29.71 2.76
First Floor Flat 2 Unable to Access
First Floor Studio Flat 3 Kitchen/Living Room/Bedroom 143.16 13.3
Second Floor Flat 4 Living Room/Kitchen 176.53 16.4
Bedroom 79.44 7.38
Bathroom 29.70 2.76
Second Floor Flat 5 Unable to Access
Outside Rear Garden

Tenancy

Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
Flat 1 Tenancy Agreement 1st Sept 2022/Periodic Periodic £550 pcm
Flat 2 Tenancy Agreement 12th Oct 2022/Periodic Periodic £575 pcm
Flat 3 Fixed Term Standard Occupation Contract 19th Jan 2023/18th Jan 2024 12 months £375 pcm
Flat 4 Tenancy Agreement 1st Sept 2022/Periodic Periodic £550 pcm
Flat 5 Tenancy Agreement 28th Oct 2022/Periodic Periodic £650 pcm
Shop Vacant Vacant Vacant Vacant
Total Income £2,600 pcm (£31,200 pa)

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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19 High Street, Haverfordwest, Dyfed

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