Summary - NATIONAL WESTMINSTER BANK, 16-18, HIGH STREET SA61 2DE
1 bed 1 bath Terraced
Prominent commercial building with car park and immediate rental income.
Substantial 4,276 sq ft town-centre commercial premises
Currently let to National Westminster Bank at £14,000 per annum
Freehold with private car park and pedestrian access
Sold at auction; bidding dates and terms apply
No internal inspection available due to trading occupier
EPC rating C; potential refurbishment likely required
Administration fee 1.2% inc VAT, minimum £1,200 on exchange
Located in a very deprived local area; market demand constrained
A substantial mid-20th-century commercial building on Haverfordwest High Street, currently let to National Westminster Bank on a five-year term from May 2025 with rent payable at £14,000 per annum. The property extends to approximately 4,276 sq ft over ground, lower ground, first and second floors and includes a good-sized private car park with pedestrian access to the public car park behind. The building occupies a prominent town-centre position close to national and local retailers and public amenities.
This lot will be sold at auction (bidding opens and closes as advertised). No internal inspection has been carried out and viewings are not available due to ongoing business operations. The freehold title, EPC rating C and car park add practical value for an investor or an owner-occupier seeking central premises with parking.
Buyers should note the material constraints: the property sits in a locally very deprived area with wider hampered aspiration classifications, which may affect tenant demand and redevelopment values. The current lease provides immediate income but is relatively low for the building’s size; potential purchasers should review the legal pack for disbursements and the administration fee (1.2% inc VAT, minimum £1,200) payable on exchange. Any change of use, refurbishment or improvement will require budget and planning consent.
This is a clear opportunity for an investor seeking a town-centre asset with immediate rent and substantial scope for repositioning or redevelopment, but it is equally important to allow for refurbishment costs, tenant access restrictions and local market headwinds when assessing price and timetable.
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