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Pharmacy Court 12a The Strand

2,488 SF 100% Leased Retail Building Saundersfoot SA69 9ET £1,420,000 (£571/SF)

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Investment Highlights

Situated within the southern section of the Pembrokeshire Coast National Park
A mixed Commercial /Residential Investment
Busy seaside resort - close to beach and harbour

Pharmacy Court is very well positioned within the busy and expanding village.
Behind Pharmacy Court is a car park suitable for say 6 cars

Executive Summary

FREEHOLD INVESTMENT OPPORTUNITY - A WELL POSITIONED DETACHED BLOCK OF SHOPS AND FLATS PROVIDING A LUCRATIVE RENTAL INCOME BUT HAVING VARIOUS FURTHER POTENTIAL.
This is Freehold albeit subject to the aforementioned Leases and Tenancies. Flats 3 & 5 will be vacant.
*POTENTIAL RENTAL INCOME
- 3 Shops - Approx £28,800 per annum.
- 6 Flats - Potential £18,000 per annum Each from Holiday Letting.
*Potential Gross Rents - £136,800 per annum (tbc).
Unit 1 - Retail Shop/Pharmacy. Circa 1,364 sq. ft. (127 sq. m.) net. Tenant - Saundersfoot Pharmacy. Rent - £14,400 per annum to include a Parking Space.
Unit 2 - Retail Shop/Hairdressing Salon. Circa 617 sq. ft. (57 sq. m.) net. Tenant - The Old Bank Salon. Rent - £7,200 per annum.
Unit 3 - Retail Shop/Parlour. Circa 507 sq. ft. (47 sq. m.) net. Tenant - Muddy Paws Doggy Spa. Rent - £7,200 per annum.

Property Facts

Sale Type

Investment

Property Type

Retail

Tenure

Freehold

Property Subtype

Storefront Retail/Residential

Building Size

2,488 SF

Building Class

Year Built

1961

Price

£1,420,000

Price Per SF

£571

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.24

Lot Size

0.23 AC

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