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Commercial investment for sale in Haverfordwest

8 - 10 Picton Place, Haverfordwest, Pembrokeshire, SA61 2LX
For sale
£650,000 Guide Price
AUCTION PROPERTY
connect-uk-auctions
This property is marketed by:
Connect UK Auctions

DESCRIPTION: 

Freehold Blue Chip Convenience Store Investment. The site extends to 18,680 square feet. With dual customer access from both the front and rear of the property. Let to Iceland Foods until February 2030, with a tenant only break clause in February 2025. The property is arranged on a ground floor only. Current passing rent of £99,588 per annum with fixed increase to £112,765 in February 2025.

ACCOMMODATION:

The total net internal floor area is 18,680 sqft and is arranged over the basement, ground and two upper floors. There is dual customer access from both the front and rear of the property.

LOCATION:

Haverfordwest is the county town of Pembrokeshire, Wales, and the most populous urban area in Pembrokeshire with a population of 14,596 in 2011. It is also a community, being the second most populous community in the county, with 12,042 people, after Milford Haven. The suburbs include the former parish of Prendergast, Albert Town and the residential and industrial areas of Withybush (housing, retail parks, hospital, airport and showground).

VIEWING:

Viewings: By appointment only on 12th January

TENURE:

Freehold.

AUCTION DATE:

Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Tuesday 20th February.

The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.

UNCONDITIONAL LOT:

Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).


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