Commercial Property for sale

Heywoods Of Saundersfoot, Nos. 1 & 2 Milford Street

POA

Property Description

Key features

  • NO.1 - CIRCA 500 SQ.FT SHOP PLUS BASEMENT
  • SIZEABLE 3 BED APARTMENT WITH HARBOUR/SEA VIEWS
  • NO. 2 - CIRCA 344 SQ.FT SHOP PLUS BASEMENT
  • SELF-CONTAINED 1 BEDROOM FLAT ABOVE
  • FULLY EQUIPPED & PROFITABLE
  • FREEHOLD OR LEASEHOLD*

Full description

Tenure: Freehold

TWO ADJACENT MIXED RETAIL/RESIDENTIAL PREMISES OCCUPYING A PRIME TRADING POSITION AND INCORPORATING A VERY WELL KNOWN AND REPUTABLE BUSINESS

GENERAL
Saundersfoot is an expanded resort village within the southern section of the Pembrokeshire Coast National Park. In addition to the sandy beach and harbour, it has a range of amenities including shops, cafes, restaurants and pubs etc.. However, major development is proposed for in and around the harbour to include a marina and lido etc.. The larger resort of Tenby is about two miles.

Heywood's of Saundersfoot stands in a very prominent position in the heart if the village on the Milford Street/Cambrian Terrace corner. The Business commenced in 1982 and has always generated a healthy Turnover and Profit. However, there is potential for increasing these and possibly also diversification. Buyers of the Business will have the option of taking No's. 1 and/or 2 Milford Street on a Freehold or Leasehold basis - see later*.

With approximate dimensions, the accommodation briefly comprises...

Retail Shop
32'1" x 15'5" (9.78m x 4.70m) increasing to 19'7" (5.97m), good display windows to both Milford Street and Cambrian Terrace. Access via Corner Porch and glazed double doors, tiled floor, wall tiling, tongue and groove ceiling, access to No. 2 and door and steps down to...

Cellar
24'5" x 17'9" (7.44m x 5.41m) plus 6'6" x 5'2" (1.98m x 1.57m) stable door to Yard.

UPPER FLOORS
Access via door from Cambrian Terrace plus staircase to...

SEA VIEW APARTMENT
FIRST FLOOR
Landing - Attractive balustrade.
Cloakroom/WC - Suite comprising wash hand basin and W.C., half tiled.
Living Room - 19'6" x 16' (5.94m x 4.88m) overall, "L"-shaped, well lit via four windows including two bays enjoying sea and harbour views.
Kitchen/Breakfast Room - 15'6" x 14'7" (4.72m x 4.44m) two side windows, range of fitted wall and base units having pine doors, breakfast bar, built-in electric oven and grill plus gas hob with extractor over, integrated dishwasher, stainless steel sink.

SECOND FLOOR
Landing - Attractive balustrade, storage and airing cupboards.
Bedroom 1 - 19'7" x 13' (5.97m x 3.96m) "L"-shaped, well lit via four windows, sea and harbour views, built-in wardrobe.
Bedroom 2 - 10'7" x 10'3" (3.23m x 3.12m) plus door entrance space, side window, built-in wardrobe.
Bedroom 3 - 12'5" x 8' (3.78m x 2.44m) side window, built-in wardrobe.
Bathroom/WC - 8'6" x 6'9" (2.59m x 2.06m) four piece suite comprising corner bath, separate shower cubicle, wash hand basin and W.C., fully tiled.


NO. 2 MILFORD STREET
GROUND FLOOR
Retail Shop
24'5" x 14'1" (7.44m x 4.29m) plus built-in Cold Rooms, double fronted with display windows either side of part glazed doors, two stainless steel sinks, tiled floor.

Side Hall
With access down to Basement and up to Flat.

BASEMENT
Cellar
27'8" x 12'6" (8.43m x 3.81m) large walk-in Cold Room, stainless steel sink, double doors from Yard.

FIRST FLOOR
Access via shared staircase to ...

FLAT
Hall - Double glazed door to rear.
Living Room/Kitchen - 15'4" x 10'7" (4.67m x 3.23m) overall, two windows to front, Kitchen Area has a range of fitted units having beech doors and contrasting work surfaces, built-in electric oven and gas hob, stainless steel sink etc..
Double Bedroom - 11'0" x 8'10" (3.35m x 2.69m) window to front.
Bathroom/WC - 8'10" x 5'8" (2.69m x 1.73m) overall, suite comprising bath with shower over, wash hand basin and WC, fully tiled floor and walls, heated towel rail


OUTSIDE
Open Forecourt to Cambrian Terrace frontage of No. 1. Rear Yard with Outside W.C.

SERVICES ETC (NONE TESTED)
All mains connected. Both Apartments have gas fired central heating and almost all of the windows are double glazed.

THE BUSINESS - HEYWOODS OF SAUNDERSFOOT LTD
In addition to the owner, the staff comprises four butchers/shop assistants plus a delivery van driver. The opening hours are currently 8.00am - 5.00pm - Monday to Saturday but no evenings or Sundays.

The Business is very profitable. Recent years' Trading Accounts can be provided to the financial advisors of bona fide interested parties who must have first viewed the Premises.

TRADE FIXTURES, FITTINGS AND EQUIPMENT
A detailed Inventory will be produced in due course. This will include the bespoke counter with chillers and cabinets, meat slicers, a blue seal oven, two vacuum packer, various fridges, two microwaves, three dig scales, three blades, two tills/scales, a sausage filler, a sausage washer, two chest freezers, a meat tenderiser, several stainless steel tables, a mixer/grinder, a Hobart mincer, a Berkel slicer, a water heater etc etc..

RATES ETC
Heywood Butcher’s Shop - RV - £13,750 i.e. £7,356.25 p.a.

ASKING PRICES
As indicated earlier, the buyers of the Business may wish to acquire the Freehold(s) or take a Lease(s) perhaps with an option for the Freehold.

1. Ingoing Premium ... Offers Around £175,000 - this is in respect of the Goodwill of the Business together with the Trade, Fixtures, Fittings & Equipment.

2. Freehold Sales - Whole Property
No. 1 Milford Street ... Offers Around £695,000
No. 2 Milford Street ... Offers Around £250,000
No's. 1 & 2 Milford Street together ... Offers Around £895,000

3. Leases - Ground Floor & Basement Only
(on FRI basis and for a term of at least 10 years)
No. 1 Milford Street ... £22,500 per annum.
No. 2 Milford Street ... £12,500 per annum.
No's. 1 & 2 Milford Street together ... £35,000 per annum.








Nearest stations

  • Saundersfoot (1.0 mi)
  • Kilgetty (1.6 mi)
  • Tenby (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Thomas & Co, Pembroke

33 Main Street, Pembroke, Pembrokeshire, SA71 4JS

01646 826041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Saundersfoot (1.0 mi)
  • Kilgetty (1.6 mi)
  • Tenby (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Thomas & Co, Pembroke

33 Main Street, Pembroke, Pembrokeshire, SA71 4JS

01646 826041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference GUY1CB9978. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Guy Thomas & Co, Pembroke. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.