Lot 84 - 58-62 Bush Street, Pembroke Dock, SA72 6DE

  • Unconditional Online Auction Sale
  • Guide Price* : £35,000+

Lot 84 - Investment Opportunity

Description

ONLINE AUCTION from 30th AUGUST-1st SEPTEMBER

An opportunity to acquire a substantial freehold building comprising two shops and seven flats (sold off on long leaseholds) close to the town centre with its excellent range of amenities and transport links. Pembroke Dock is served by the A477 trunk road which runs to the A470 and St Clears towards the M4 and Swansea.

Council Tax Band

A

Accommodation

Floor Description Rent
Ground - Shop 58 Let on a 10 year lease from 2017 £3,750 pa
Ground - Shop 60 There is no lease and is on a periodic tenancy £1,820 pa
Ground - Flat 58 Sold off on a 99 year lease £50 pa
Ground - Flat 62 Sold off on a 99 year lease £50 pa
First & Second Floors
Flats 58b, 58c, 60, 62a & 62b
Sold off on 999 year leases from 25/03/1980 with 21 yearly reviews with a passing rent £139.36 pa
Total approximate annual income £5,809.36

Tenancies

Investors: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email rhys@paulfoshlettings.com for invaluable advice.

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 £975) 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. 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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Paul Fosh Auctions
01633 254044

Documents

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