Auction House / Wales
  • For Sale By Unconditional Online Auction
  • Guide Price* : £160,000
  • Auction Ended 08/08/2023
  • Lot 14

The White Hart, The White Hart Sycamore Street, Newcastle Emlyn, Dyfed, SA38 9AJ

Bidding opens Monday 11th September 2023 at Midday and closes Wednesday 13th September 2023 at Midday

Description

Bidding opens Monday 11th September 2023 at Midday and closes Wednesday 13th September 2023 at Midday

Mixed Use Fully Let Commercial Investment Opportunity

A Mixed Use investment opportunity comprising of 2 commercial units to the ground floor along with a 2 bedroom self contained flat to the first floor and a detached substantial stone 2 storey outbuilding providing further investment/development potential. We understand that unit 1 (advised that it measures 363 sqft/33.73sqm) is currently let at £400 p/c/m, unit 2 (advised that it measures 847 sqft/78.72 sqm) is currently let on a short term temporary basis at £200 p/c/m and the flat is let on a weekly rent of £110. Therefore, the total gross annual income being provided stands at £12,900 per annum. Scope for income betterment is also available by way of letting the outbuilding to the rear. Parking provision at the rear will be available from a formal right of way of neighbouring land.

The property is located right in the heart of this popular market town which straddles both the counties of Carmarthenshire and Ceredigion. A number of local shops, schools and amenities are located close by and the property also provides good access to the popular Cardigan Bay Coastline.

Unit 1 Retail trading area with glazed display frontage, kitchen.
Unit 2 Full width trading area, further trading area, 2 x further consulting rooms. Currently let for beauty treatments.
First Floor Flat 25’ x 14’1 Open plan living/kitchen/dining with attractive stone fireplace and ceiling beams, two bedrooms, bathroom.
Detached 2 storey Coach House Benefiting from power and water connection.
External W/C Available to commercial occupiers.
Outside External courtyard and area of off road parking by way of a newly created formal right of way.
Viewings Via our partner agents Morgan & Davies (Aberaeron) 01545 571770.

Tenure: Freehold

EPC Rating: Flat E, Shop B

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

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* Guide | £160,000
  • Mixed Use
  • Unconditional (Immediate Exchange)

Call the team on 02920 475184 for more information

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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.