Investment property with high yield for sale

Iceland, 8 - 10 Picton Place, Haverfordwest, Pembrokeshire, SA61 2LX

  • FOR SALE BY AUCTION 20TH March. UNLESS SOLD PRIOR, SUBJECT TO All AUCTION CONDITIONS, AS PER THE LEGAL PACK.
  • Auction Finance Available By Request
  • Freehold
  • Blue Chip Convenience Store Investment
  • The site extends to 18,680 square feet
  • Let to Iceland Foods until February 2030
  • Current passing rent of £99,588 per annum
  • Fixed increase to £112,765 in February 2025
  • Excellent Location
  • Viewings: By appointment only
  • Full Auction Legal Pack Available Upon Request

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:

By appointment only.

TENURE:

Freehold.

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).

*Connect UK Auctions does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. All displayed property boundaries use data provided by Land Registry and is assumed to be correct and updated regularly. However for the avoidance of doubt all displayed property boundaries are indicative and for marketing purposes only.

Reference: CCM-22999986

  • Auction
B1.tVNFN fp Iceland Plan 1FL Iceland Plan 2FL Iceland Plan GF

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