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ONLINE AUCTION from 20th MAY - 22nd MAY
A victorian mixed use property situated in the heart of St Clears, a perfect investment. The property is set over three floors and consists of a large office with storage, kitchen and bathroom, and a four bedroom flat with kitchen, two bathrooms, and large reception.
The duplex four bedroom flat is accessed via the office as well as a side entrance, and is a perfect rental or can be part of a larger office. The property is being sold vacant possession, we anticipate a monthly rental of £850 for the upstairs flat, and the office space has been previous let for £320, with a monthly expected income of £1,170 bringing in a potential healthy yield of 12.7%.
The property further benefits from a small rear garden, double glazing, oil central heating (not tested) and is in good order throughout.
Location
Positioned on the main high street with an array of different businesses, with parking immediately outside the property.
The town has a large bilingual primary school, Ysgol Griffith Jones.
There are a variety of local shops including two prize-winning traditional butchers and two craft centres. There are several pubs.
The surrounding countryside is mainly rolling grassland consisting of moderate-sized fields with well-kept hedges. The main agricultural enterprise is dairying, but sheep and beef are very important as well. The soils are deep and productive and will grow good crops of potatoes and cereals, and the climate allows fruit growing as well. Although most of the land is farmed commercially the area is a haven for wildlife.
The highlight of the farming year is the St Clears YFC annual show which is held in May.
VIRTUAL TOUR
Floor | Description | Area Sq Ft | Area Sq M |
---|---|---|---|
Ground Floor | Main Office | 378.35 | 35.15 |
Kitchen | 115.82 | 10.76 | |
Store Room | 80.62 | 7.49 | |
First Floor | Landing/Entrance | 69.10 | 6.42 |
Kitchen | 155.54 | 14.45 | |
Front Reception | 150.04 | 13.94 | |
Bathroom | 48.33 | 4.49 | |
Bedroom 3 | 106.88 | 9.93 | |
Bedroom 4 | 73.84 | 6.86 | |
Second Floor | Bedroom 1 | 181.05 | 16.82 |
Bedroom 2 | 131.10 | 12.18 | |
Bathroom 2 | 54.68 | 5.08 |
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) 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.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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