High Street, Narberth

COMMERCIAL PREMISES FOR SALE - APPROX 7% YIELD

An opportunity to acquire this well-positioned shop premises and apartment in a prime location in the centre of Narberth Town.
The property briefly comprises a shop on the ground floor, currently occupied by a tenant operating a boutique clothes shop, having signed a 3-year lease in March 2024. As well as the retail space, the commercial unit offers a kitchenette, a WC and a rear courtyard with a storage outbuilding.

Above the shop is an apartment set over 2 levels, with a fitted kitchen, and an L-shaped lounge/diner on the first floor. Upstairs are 2 bedrooms, a bathroom and a separate WC. There is also a garden to the rear that provides access to the apartment.

RATEABLE VALUE: £7,500 (1 April 2023 to present)
SHOP: Approx 24.6 sqm / 265 sqft
CATEGORY CODE: 249G

The current tenants represent approximately 7% yield.

Narberth or Arberth in Welsh plays a high profile in Welsh mythology. The former town hall still houses the cell where those involved in the Rebecca Riots were imprisoned. To learn more about the history of Narberth visit its brilliant museum. It is also home to several sporting teams, including Narberth RFC who currently play in the Welsh Championship and Narberth Football and Cricket Club. Narberth is full to the brim with independent shops including craft and art galleries, bars restaurants and boutiques. The town has everything you need, including health, dental, fitness, community centres, and a museum. Narberth is twinned with Ludlow and both towns celebrate an annual food festival that takes place on the fourth weekend of September every year. A regular bus service runs to Haverfordwest, Carmarthen and the outlying villages and a railway stations.

Shop -

Shop Area -

Changing Rooms -

Kitchen -

Cloakroom -

Flat -

Kitchen -

Lounge/Diner -

Bedroom -

Bedroom -

Bathroom -

W.C -

View: By appointment with the Agents
Services: We have not checked or tested any of the Services or Appliances
Tenure: FREEHOLD
We have been informed by the current owner that they own the freehold for the whole building and the commercial part is leased on a 999 year lease
Tax: Band B (apartment)
Mains Gas


SGG/MPO/Ok/1024