13 & 15 Dimond Street Pembroke Dock Pembrokeshire SA72 6JA

13 & 15 Dimond Street
Pembroke Dock
Pembrokeshire
SA72 6JA

Freehold Retail Investment

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
£27,500 per Annum Exclusive
Status
Sold
Price
£222,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Retail Investment

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 £27,500 per Annum Exclusive
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

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.