High Street, Narberth, Pembrokeshire

£260,000

Guide price

  • Bedrooms: 3
Residential + Commercial Property

Ideal Investment Opportunity

No Chain

Approx. 329 sq ft. Commercial Unit

3 Bed Maisonette With Rear Garden

Ideal Narberth Town Centre Location

FBM are delighted to introduce, 16 High Street, Narberth to the market, a fantastic opportunity to acquire an attractive investment property situated in the heart of Narberth town centre. No. 16, a Grade II Listed Building would make an ideal investment with the potential to earn £20,000 from the residential and commercial unit or an ideal purchase for those looking to establish a business in the ever bustling old market town of Narberth.

Briefly, the ground floor accommodation comprises; entrance porch with access into the commercial unit and residential maisonette, shop floor with good window frontage on the High Street, a rear store room with WC. The access to the residential unit affords an entrance hall way with stairs to the first floor and access to the rear terraced garden. The first floor is split level, with a bedroom to the left and then a reception room and fitted kitchen to the right. The second floor benefits from 2 further bedrooms and family bathroom. Recently refurbished to a high standard, this property is ready for new owners to take over and start reaping the rewards right away.

Narberth is a bustling former market town with shops and amenities for everyday needs including a wide diversity of bespoke shops, cafes, bistros and eateries. There are good transport links including train station etc.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Arrange viewing 01834 218084

Frank B. Mason & Co - Narberth

67 HIGH STREET, NARBERTH, DYFED

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