Nestled at the intersection of Shipmans Lane and Milford Road in Haverfordwest, this property presents a multifaceted investment opportunity within an established residential and commercial district. Haverfordwest, as the county town of Pembrokeshire, boasts a diverse range of amenities and services that cater to both residents and businesses alike. The property is conveniently located within walking distance to the bustling town center and benefits from robust transportation links, including road access for vehicles and public transport options via bus and train.
Covering approximately 0.53 acres, the site currently houses a vehicle sales showroom and workshop alongside three residential flats on the first floor. This configuration not only offers immediate rental potential but also positions itself well for future redevelopments. Given its central location in Haverfordwest, there is significant scope for renovations or repurposing to meet evolving market demands, subject to obtaining the necessary planning permissions.
The showroom features expansive glass frontages that enhance visibility, complemented by office spaces and facilities designed for customer interaction. The workshop area allows for operational flexibility with ample storage space adjacent to it. Additionally, each of the three flats provides essential living accommodations with varying layouts suitable for tenants looking for convenient access to local amenities.
Externally, concrete yard areas surround the property, offering practical space for operations or further development considerations such as utilizing the flat roof above the showroom for additional uses. A detached building in the rear yard serves as an auxiliary workshop, enhancing the property's functionality.
With current tenancies in place generating gross rental income from two of the flats, there remains potential to increase revenues through improved management strategies or upgrades. The residential units are classified under Band A for council tax purposes, making them appealing to prospective tenants seeking affordable living solutions.
This semi-commercial asset is not classified as a listed building; however, it falls within a conservation area that may require careful consideration during any redevelopment processes. For investors or developers looking to capitalize on an adaptable property in a prime location with promising growth potential, this offering merits serious consideration. Interested parties should conduct their due diligence regarding service connections and compliance requirements while exploring avenues for enhancing both commercial and residential returns on this property.
