Let to Pembroke Dock Hardware Limited (with personal guarantees)
New lease from July 2014 expiring March 2030 (subject to option)
Tenant trading in Pembroke Dock for approximately 20 years
Approximately 782.03 sq m (8,418 sq ft)
Situated in the town’s principal retail location
Planning permission (dated October 2009) for Change of Use to part A1/A3 (Restaurants) and part D1 (Non-Residential Institutions)
Lot 34
Auction 23rd October 2014
Rent
Status Sold
Price £222,000
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
10 miles south of Haverfordwest
32 miles west of Carmarthen
Roads
A477, A4139
Rail
Pembroke Dock Railway Station
Air
Cardiff International Airport
Situation
The property is situated in the heart of the town centre on the northern side of Dimond Street, the town’s principal retailing thoroughfare. Nearby occupiers include Boots the Chemist, Greggs, Specsavers, Lloyds Pharmacy, Lloyds Bank, the Post Office and Coral.
Tenure
Freehold.
Location
Miles
10 miles south of Haverfordwest
32 miles west of Carmarthen
Roads
A477, A4139
Rail
Pembroke Dock Railway Station
Air
Cardiff International Airport
Situation
The property is situated in the heart of the town centre on the northern side of Dimond Street, the town’s principal retailing thoroughfare. Nearby occupiers include Boots the Chemist, Greggs, Specsavers, Lloyds Pharmacy, Lloyds Bank, the Post Office and Coral.
Tenure
Freehold.
Description
The property comprises a large shop arranged on the ground and first floors. The property benefits from rear access and a loading area via a service road leading onto Meyrick Street.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a large shop arranged on the ground and first floors. The property benefits from rear access and a loading area via a service road leading onto Meyrick Street.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground First
Retail/Ancillary Ancillary
418.79 sq m 363.24 sq m
(4,508 sq ft) (3,910 sq ft)
PEMBROKE DOCK HARDWARE LIMITED (1) with personal guarantees
Approx 16 years from 15/07/2014 until 2030 on a full repairing and insuring lease (2) (3)
£27,500
01/04/2015 and 5 yearly thereafter
Totals
782.03 sq m
(8,418 sq ft)
£27,500
(1) t/a Pembroke Dock Home Hardware. Pembroke Dock Hardware Limited sells a wide range of home and garden products (www.pembrokedockhardware.co.uk). (2)Please note that the lease is subject to a tenant’s option to determine in March 2020. (3)The lease is subject to a schedule of condition.