Pharmacy Court, The Strand, Saundersfoot

FREEHOLD INVESTMENT OPPORTUNITY

A WELL POSITIONED DETACHED BLOCK OF SHOPS AND FLATS PROVIDING A LUCRATIVE RENTAL INCOME BUT HAVING VARIOUS FURTHER POTENTIAL

GENERAL
The well known seaside village of Saundersfoot is situated within the southern section of the Pembrokeshire Coast National Park. It has a population of around 2,500 but this is substantially boosted in Summer months by thousands of holiday makers.

Pharmacy Court is very well positioned within the busy and expanding village. The Strand (previously Railway Street) runs alongside the beach. The picturesque and enhanced harbour area is within a short level walk as are other amenities including a range of bespoke shops, restaurants and pubs etc..

Pharmacy Court was built circa 1961. It is a Mixed Commercial /Residential Investment and has valuable Parking to the rear.

With approximate dimensions, the accommodation briefly comprises...

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.

Flat 1 - First Floor, 3 Bed Flat. Recently Refurbished. Currently vacant. Potential Holiday Letting - £18,000 per annum gross.

Flat 2 - First Floor - 2 Bed Flat. Long Let. Rent - Presently £650 per month but Potential Holiday Let - £18,000 per annum gross.

Flat 3 - First Floor - 2 Bed Flat. Tenant - Family Member at present. Rent - N/a at present but Potential Holiday Let - £18,000 per annum gross.

Flat 4 - Second Floor - 3 Bed Flat. Long Let at present. Currently £750 per month but Potential Holiday Let - £18,000 per annum gross.

Flat 5 - Second Floor - 2 Bed Flat. Family Member at present. N/a but Potential Holiday Let - £18,000 per annum gross.

Flat 6 - 2 Bed Flat. Tastefully refurbished/upgraded. Holiday Let at present. Rent circa £18,000 per annum, gross.



*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).




OUTSIDE
Behind Pharmacy Court is a Car Park suitable for say 6 Cars.


SERVICES ETC (none tested)
All mains connected. Some of the Flats have gas fired central heating whilst others have electric heating. Upvc framed double glazed windows and external doors.

TENURE
This is Freehold albeit subject to the aforementioned Leases and Tenancies. Flats 3 & 5 will be vacant.

DIRECTIONS
From the Harbour, proceed along The Strand. Pharmacy Court will be found on the left hand side (west).