Starting Price* £125,000
Time Left 5d 19h 09m 10s

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  • Overview
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Property Overview

A rare opportunity to acquire the freehold interest in a commercial premises totalling approximately 3,400 square foot, with full planning permission for further development to 6 townhouses.
The property dates back to the 1840’s and was constructed as a School with adjoining Headmasters House, and in more recent decades has been used as both a job centre and training centre. The commercial aspect is currently made up of two units (A & B).

Unit A runs parallel with Victoria Road and offers both a lower ground floor and ground floor. The lower ground floor consists of a large reception area, 4 meeting rooms, kitchen, and circulation area, and is accessible from both Victoria Road and the courtyard parking. The ground floor is made up of 5 large meeting rooms (one with kitchenette), and a toilet block.

Unit B comprises of 2 large meeting rooms, 3 additional rooms, large kitchen and a WC. Further outbuildings offer excellent storage space accessible from the courtyard. Both Units A & B are presented in very good order and benefits from gas central heating and largely uPVC double glazing throughout, and are connected to the Headmasters House.

Full planning permission has been granted to develop both commercial units and the house to 6 townhouses with individual gardens, 4 of which offer 3 bedrooms with 2 bathrooms, and the two remaining offer 2 bedrooms with feature mezzanine floors.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by - powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

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FBM Estate Agents

Local Branch: 45-47 Main Street, Pembroke, SA71 4JS
Head Office: 6 Picton Place, Haverfordwest, SA61 2LX

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.