Charles Street, Milford Haven

COMMERCIAL OPPORTUNITY WITH >10% YIELD ON INVESTMENT

An opportunity to purchase commercial premises of approximately 5,887 sqft.
The premises offered for sale are made up of the main "Astoria" Hall and adjoining commercial premises, currently run as a hair salon.

The "Boulevard Showbar" as it is now known, benefits from a tenant who has recently signed a 5 year lease agreement.
The premises are divided into numerous rooms and spaces, with an industrial stainless steel kitchen and store, performance space, bar area, and numerous additional rooms.

The adjoining commercial premises (hair salon) has a tenant in situ currently under lease.

SHOP: Current rateable value (1 April 2023 to present) = £4,750
SHOWBAR: Current rateable value (1 April 2023 to present) = £19,500

Milford Haven has the largest port in Wales and the third-largest port in the United Kingdom. It also has a popular Marina with accompanying Restaurant, Wine Bar, and boutique shops. The town itself has a historic late 18th and 19th centuries core based on a grid pattern, located between Hubberston Pill and Castle Pill and extending inland for 500 metres. Milford Haven's 20th-century expansion took in several other settlements. Hakin and Hubberston are older and situated to the west of the main town. The town also benefits from a variety of shops and supermarkets, leisure centre, primary and secondary schools, and the Torch Theatre and Cinema.

VIEWING: By appointment only via the Agents.
TENURE: FREEHOLD
The "Boulevard Showbar" as it is now known, benefits from a tenant who has recently signed a 5 year lease agreement.The adjoining commercial premises (hair salon) has a tenant in situ currently under lease
Current rateable value (1 April 2023 to present) = £4,750
SERVICES: We have not checked or tested any of the services or appliances at the property.
Gas Heating, Mains Water, Mains Electric Mains Drainage
TAX: Band A

We would respectfully ask you to call our office before you view this property internally or externally

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SSG/AMA/02/24/Ok