48 High Street Haverfordwest (1)
48 High Street, Haverfordwest Pembrokeshire, SA61 2DA
kbw
• Freehold retail investment • Let to Betfred until March 2018
For Sale
Guide Price £250,000
T. 01242 244744 E. [email protected] W. www.kbw.co.uk
48 High Street, Haverfordwest Pembrokeshire, SA61 2DA
kbw
• Freehold retail investment • Let to Betfred until March 2018
Accommodation The subject premises comprise the ground, first and second floors. The approximate net internal floor areas and dimensions are as follows:Ground Floor Sales Area: First Floor Offices/Storage: Second Floor Storage:
Location Haverfordwest is the County town of Pembrokeshire and serves as the County’s principal commercial and administrative centre. The town have a resident population of about 14,000 with a catchment of over 100,000 which increases significantly during the tourist season. The property is situated in a prime location on the High Street close to Castle Square and the junction with Bridge Street. Other occupiers in the immediate vicinity include Shoe Zone, Subway, 99p Stores and Thomas Cook.
Tenancy The property is let to Done Brothers (Cash Betting) Limited t/a Betfred for a
150.15 sq m (1,616 sq ft) 38.52 sq m (307 sq ft) 50.86 sq m (547 sq ft) term of 15 years from 20th March 2003 (i.e. expires 19th March 2018). The lease is drawn on a fully repairing and insuring basis and the current rent is £29,000 per annum exclusive.
Covenant The property is let to Done Brothers (Cash Betting) Limited, Company No. 1277703, who trade as Betfred. Recent accounts for the company show an annual turnover of circa £4.5 billion and pretax profits of £16 million for the year ending March 2012. The company has a Dun & Bradstreet rating of 5A1, the highest rating that can be attributed to a company.
Disclaimer: KBW Chartered Surveyors for themselves and for the clients of this property for whom they represent give notice that: a) the particulars are for guidance only and do not constitute an offer or contract. b) all descriptions, dimensions, areas, comments on condition and references to planning consents and permitted uses, and other details referred to are given without responsibility and intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to their correctness by inspection or otherwise. c) no person employed by KBW Chartered Surveyors has any authority to make any representation of warranty whatsoever in relation to this property.
Guide Price £250,000 for the freehold interest with the benefit of
the lease to Betfred which shows an attractive net initial yield of 11.29% after purchasers costs of 2.8%.
T. 01242 244744 E. [email protected] W. www.kbw.co.uk
48 High Street, Haverfordwest Pembrokeshire, SA61 2DA
kbw
• Freehold retail investment • Let to Betfred until March 2018
Legal Costs
48 High Street, Haverfordwest L
E
D
32
D
31
14
AY 13 QU 2IDE RS
C
ET RK MA
31
34
KBW Property RE NT ES CE VIC 26/9/2013 E UE R
33
36
SE
A
30
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29 28
15
Each party to be responsible for their own legal costs in connection with the transaction.
E R G G ES S W HIN CO TTIN S OT GH EN CL BE OD HU & M M GO TO DIES SE ING K U R S E O P O LA EQ L S OU T NT LO WEA EH AM L H EN CA CH CIA W AR & C VE AG VA NE DIES W AN RA EL R OP IN E T RAV EA FIN LA SH TS T TH TA W A OP EP GIF ST UN OR E SH O O TT O C H N M TD EE RE IO ES FF AR AT OP TH OU CO ILE &B E ND S H F D N U O N & R OD A CCR LA FO RITY L PR IES EA FO L T O H W D T H S EA RS AR CHA AL LA NS AIR ON HE HE NE SW PS REP KS EL H ME IN TIM HOE DIE OO MU R ITH S ITIS OP SK K LA &B SA LE SM BR 17A U SH NT H WEL WH GE TY GE CT I JE A SA E L AR EW SE EAR N E Y CH R NT UA OR S SW CA SQ CT FTS ON DIE ES VA NT BIS FA GI LA TIM & OR RD S & S TH ONF CA RD S RK C UE OM IN O A OG LTH V K RO C A W S HE & R ER E OW S GO TY EA SH AU TH OK YP AR B E NIC UE TH SW CLI GS BO T OG RO DIE AL AN EG R T C H DO R LA A C G AKE VA E RG E B OR BU ILL T IDG ST LE 21 IN M BR EN NA ED N OT IO E LLE G R FO AC EA TH OO THIN L RN W L E S T W LO IN WA DIE C E LA KS TH NT AR IN CA CL OES LE VA H HO S ON RT AR BU NT N WE S) CA VE VA E HA IRD NS OR D B ET RIZ ME FLO WIL & P OD SO IL E ES FO TA NG S CC SS A RE A T RE CE OU OR ONE (2 TO AC S IDE IONS H L T S SH PH FA /WR EN VU LE L TM P NO TE 5 AR TE SHO NT 1 P A C DE ITY G VA AR RU 13 ITE ENT CH RD UTY RE 11 WH AG PE CA A 9& SU BE KY VEL AR C 7 E & A O H TH RE TR RS AL & TO S VE 10 HE ! 3 S NES ICS SA AID ED 6O PT G EC CT S PH SO SP ARIN NIE N NE LE E GG MIN CTIO IAN TE N HE ON NES CAD MA C FU NTRE NCE O P TIC T H AR CE FERE OP HO GE LEP SIDE N S CO NTRE TE IVER OK CE R BO RIA TO ING NE LIV ION ZO VIC OE AT SH PIR RE INS ITU N R FU S NS RD LT DE R YA AU E MS ANT S V USE RA ROK B VAC O IAR WN FR LIC H VAC PA B PU
ION ICE AT FF ST TO
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The property has an energy rating of 80. A copy of the Energy Performance Certificate can be made available on request.
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9 814A
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By prior appointment with the sole agents KBW.
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13 16
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19
All figures quoted are exclusive of VAT and intending purchasers must satisfy themselves as to the VAT position by taking appropriate professional advice.
50 metres
July 2014
Disclaimer: KBW Chartered Surveyors for themselves and for the clients of this property for whom they represent give notice that: a) the particulars are for guidance only and do not constitute an offer or contract. b) all descriptions, dimensions, areas, comments on condition and references to planning consents and permitted uses, and other details referred to are given without responsibility and intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to their correctness by inspection or otherwise. c) no person employed by KBW Chartered Surveyors has any authority to make any representation of warranty whatsoever in relation to this property.
T. 01242 244744 E. [email protected] W. www.kbw.co.uk
kbw
• Freehold retail investment • Let to Betfred until March 2018
For Sale
Guide Price £250,000
T. 01242 244744 E. [email protected] W. www.kbw.co.uk
48 High Street, Haverfordwest Pembrokeshire, SA61 2DA
kbw
• Freehold retail investment • Let to Betfred until March 2018
Accommodation The subject premises comprise the ground, first and second floors. The approximate net internal floor areas and dimensions are as follows:Ground Floor Sales Area: First Floor Offices/Storage: Second Floor Storage:
Location Haverfordwest is the County town of Pembrokeshire and serves as the County’s principal commercial and administrative centre. The town have a resident population of about 14,000 with a catchment of over 100,000 which increases significantly during the tourist season. The property is situated in a prime location on the High Street close to Castle Square and the junction with Bridge Street. Other occupiers in the immediate vicinity include Shoe Zone, Subway, 99p Stores and Thomas Cook.
Tenancy The property is let to Done Brothers (Cash Betting) Limited t/a Betfred for a
150.15 sq m (1,616 sq ft) 38.52 sq m (307 sq ft) 50.86 sq m (547 sq ft) term of 15 years from 20th March 2003 (i.e. expires 19th March 2018). The lease is drawn on a fully repairing and insuring basis and the current rent is £29,000 per annum exclusive.
Covenant The property is let to Done Brothers (Cash Betting) Limited, Company No. 1277703, who trade as Betfred. Recent accounts for the company show an annual turnover of circa £4.5 billion and pretax profits of £16 million for the year ending March 2012. The company has a Dun & Bradstreet rating of 5A1, the highest rating that can be attributed to a company.
Disclaimer: KBW Chartered Surveyors for themselves and for the clients of this property for whom they represent give notice that: a) the particulars are for guidance only and do not constitute an offer or contract. b) all descriptions, dimensions, areas, comments on condition and references to planning consents and permitted uses, and other details referred to are given without responsibility and intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to their correctness by inspection or otherwise. c) no person employed by KBW Chartered Surveyors has any authority to make any representation of warranty whatsoever in relation to this property.
Guide Price £250,000 for the freehold interest with the benefit of
the lease to Betfred which shows an attractive net initial yield of 11.29% after purchasers costs of 2.8%.
T. 01242 244744 E. [email protected] W. www.kbw.co.uk
48 High Street, Haverfordwest Pembrokeshire, SA61 2DA
kbw
• Freehold retail investment • Let to Betfred until March 2018
Legal Costs
48 High Street, Haverfordwest L
E
D
32
D
31
14
AY 13 QU 2IDE RS
C
ET RK MA
31
34
KBW Property RE NT ES CE VIC 26/9/2013 E UE R
33
36
SE
A
30
U
29 28
15
Each party to be responsible for their own legal costs in connection with the transaction.
E R G G ES S W HIN CO TTIN S OT GH EN CL BE OD HU & M M GO TO DIES SE ING K U R S E O P O LA EQ L S OU T NT LO WEA EH AM L H EN CA CH CIA W AR & C VE AG VA NE DIES W AN RA EL R OP IN E T RAV EA FIN LA SH TS T TH TA W A OP EP GIF ST UN OR E SH O O TT O C H N M TD EE RE IO ES FF AR AT OP TH OU CO ILE &B E ND S H F D N U O N & R OD A CCR LA FO RITY L PR IES EA FO L T O H W D T H S EA RS AR CHA AL LA NS AIR ON HE HE NE SW PS REP KS EL H ME IN TIM HOE DIE OO MU R ITH S ITIS OP SK K LA &B SA LE SM BR 17A U SH NT H WEL WH GE TY GE CT I JE A SA E L AR EW SE EAR N E Y CH R NT UA OR S SW CA SQ CT FTS ON DIE ES VA NT BIS FA GI LA TIM & OR RD S & S TH ONF CA RD S RK C UE OM IN O A OG LTH V K RO C A W S HE & R ER E OW S GO TY EA SH AU TH OK YP AR B E NIC UE TH SW CLI GS BO T OG RO DIE AL AN EG R T C H DO R LA A C G AKE VA E RG E B OR BU ILL T IDG ST LE 21 IN M BR EN NA ED N OT IO E LLE G R FO AC EA TH OO THIN L RN W L E S T W LO IN WA DIE C E LA KS TH NT AR IN CA CL OES LE VA H HO S ON RT AR BU NT N WE S) CA VE VA E HA IRD NS OR D B ET RIZ ME FLO WIL & P OD SO IL E ES FO TA NG S CC SS A RE A T RE CE OU OR ONE (2 TO AC S IDE IONS H L T S SH PH FA /WR EN VU LE L TM P NO TE 5 AR TE SHO NT 1 P A C DE ITY G VA AR RU 13 ITE ENT CH RD UTY RE 11 WH AG PE CA A 9& SU BE KY VEL AR C 7 E & A O H TH RE TR RS AL & TO S VE 10 HE ! 3 S NES ICS SA AID ED 6O PT G EC CT S PH SO SP ARIN NIE N NE LE E GG MIN CTIO IAN TE N HE ON NES CAD MA C FU NTRE NCE O P TIC T H AR CE FERE OP HO GE LEP SIDE N S CO NTRE TE IVER OK CE R BO RIA TO ING NE LIV ION ZO VIC OE AT SH PIR RE INS ITU N R FU S NS RD LT DE R YA AU E MS ANT S V USE RA ROK B VAC O IAR WN FR LIC H VAC PA B PU
ION ICE AT FF ST TO
16
27 A 28
19
25 A 24
18
26
22
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ID
20
ET RE 0A 2 ST
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GE
VAT
D AN DL RE UN TO PO TS UN CO DIS
11 14
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1
S LE WA IES ST RT & WE OPE NT L PR AGE ITA SP AL TE HO PE TA ES USH IT APNDER B N U HY Y U H WIT R DA AR S AX E H NC C LIF K CA HA N
2
5
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LING DWEL
NS HA UG L& VA ICA ES TR NC EC PLIA L E P A S IN LL O GA WE & C R LE ITO LL LIC TO SO
ANT VAC
QU
CY GEN ER A
ANT VAC
D TAN SAN K BAN
T H MUN BISLEY R LE JEWEL
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WALE ERS ARE NCY
ESS XPR AB E Y KEB A NION E AW IT U TAK RED SY C ES E EA SAV RVIC S SE INES BUS AMS WILLI RTP R CITO SOLI
37
39
45A
43
3
12
10 8
4
2 E AC PL A I R 7 O T VIC 5
1-
48
EET STR LANE HILL
S
35
3
H HIG
41
8
AY BW R SU BA S/W
42
M OXFA Y SHOP IT ) CHAR OORS TAIL FL (2 RE
34
32
0
1
D RE TF E BE FIC OF
S HOLA NIC ANCE R INSU VICES
SER RISE RP FT A NTE OF E RT & CRCAFE A 44 AFFE TLE &C CAS PHY RA TOG PHO
T WES S WALEME HO TALS REN NT AGE ATE EST DO`S NAR P BAR SHO RITY CHA
YS CLA BAR K BAN
-4 36
44
3
2
E STL CA BLIC THE PU USE HO
G IN TT BE
IT SPIR
The property has an energy rating of 80. A copy of the Energy Performance Certificate can be made available on request.
OF
3
RIA EF TH
5 6
T EN
S RE STO
E TOR TS UN CO DIS
CIL UN CO
FE CA S IS BL
7A 712
NS SO ) WIL ET (R
AL S TG GG AR MA TICS OP ICIAN T OP
9 814A
RIA MA LI SA DE CA
99P
By prior appointment with the sole agents KBW.
17
KY UN EF TH N DE TS GIF
13 16
RE STO
EPC
Viewing
P TO T CU IR HA
7 -1 15 8 1
T UE NQ ER SA ELL BO EW J
19
All figures quoted are exclusive of VAT and intending purchasers must satisfy themselves as to the VAT position by taking appropriate professional advice.
50 metres
July 2014
Disclaimer: KBW Chartered Surveyors for themselves and for the clients of this property for whom they represent give notice that: a) the particulars are for guidance only and do not constitute an offer or contract. b) all descriptions, dimensions, areas, comments on condition and references to planning consents and permitted uses, and other details referred to are given without responsibility and intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to their correctness by inspection or otherwise. c) no person employed by KBW Chartered Surveyors has any authority to make any representation of warranty whatsoever in relation to this property.
T. 01242 244744 E. [email protected] W. www.kbw.co.uk
