Offers in region of
£950,000
(£64.75/sq. ft)
Warehouse for saleWithybush Road, Haverfordwest SA62
14,672 sq. ft
Just added
About this property
Location
The property is located in the established Withybush Industrial Estate, which lies approximately 3km north of Haverfordwest, 45km west of Carmarthen and 130km west of Cardiff. Haverfordwest is the principle town of Pembrokeshire with a population of c 90,000 people.
Withybush Industrial Estate is home to several major occupiers including Howdens, Booker Cash & Carry, Days Ford & Peugeot car dealerships, Puffin Produce and Wynnstay.
Description
The property comprises of 3 detached warehouses on a secure site of approximately 1 acre.
Externally, the property benefits from a large car park, yard area and circulation space demised between the 2 tenants.
The property is accessed via a secure gate entry system from Withybush Road, which leads to the car park and buildings beyond.
Accommodation
Rgm Premises 878.19 sq M 9,452 sq ft
Wickedly Welsh Chocolate 388.57 sq M 4,182 sq ft
Wickedly Welsh Unit 2 96.33 sq M 1,037 sq ft
Total 1,363.09 sq M 14,672 sq ft
Rateable value
We have been informed via an online enquiry with the Valuation Office web site, that the property has the following rateable value: £tbc.
Ubr for Wales 2026/27 is 0.502p in the £.
Interested parties are advised to verify this information.
Tenure
We are advised that the property is held Freehold.
Tenancies
Rgm Haverfordwest (rgm Premises, Withybush Road)
The property is let to rgm Haverfordwest Limited, for a term of seven years from 20 April 2026, expiring 19 April 2033. The current rent is £51,600pax, which is subject to upward only review on 1 May 2029 and 2032. The lease is held on full repairing and insuring terms. No break options.
Wickedly Welsh Chocolate Premises (Unit 13, Withybush Road)
The property is let to Wickedly Welsh Chocolate Co Limited, for a term of Seven year unbroken lease from 1 Jan 2022, expiring 31 December 2028. The current rent is £23,760pax, following the first rent review in 2024 with an increase of £1,760pax which is subject to a further upward only review in Jan 2027. The lease is held on full repairing and insuring terms.
The combined total annual rent is £75,360pax.
Proposal
Seeking offers in the region of £950,000 (Nine Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a capital value of £64 per sq. Ft, and the following yield profile:
Net Initial Yield: 7.54%
Assuming standard purchaser’s costs at 5.21%
Anti money laundering regulations
Regulations require checks on all prospective tenants/purchasers. Photo id plus proof of address is required before a transaction can proceed. Aml searches are outsourced to our partner Credas (Certified Digital Identity Verification Service).
The property is located in the established Withybush Industrial Estate, which lies approximately 3km north of Haverfordwest, 45km west of Carmarthen and 130km west of Cardiff. Haverfordwest is the principle town of Pembrokeshire with a population of c 90,000 people.
Withybush Industrial Estate is home to several major occupiers including Howdens, Booker Cash & Carry, Days Ford & Peugeot car dealerships, Puffin Produce and Wynnstay.
Description
The property comprises of 3 detached warehouses on a secure site of approximately 1 acre.
Externally, the property benefits from a large car park, yard area and circulation space demised between the 2 tenants.
The property is accessed via a secure gate entry system from Withybush Road, which leads to the car park and buildings beyond.
Accommodation
Rgm Premises 878.19 sq M 9,452 sq ft
Wickedly Welsh Chocolate 388.57 sq M 4,182 sq ft
Wickedly Welsh Unit 2 96.33 sq M 1,037 sq ft
Total 1,363.09 sq M 14,672 sq ft
Rateable value
We have been informed via an online enquiry with the Valuation Office web site, that the property has the following rateable value: £tbc.
Ubr for Wales 2026/27 is 0.502p in the £.
Interested parties are advised to verify this information.
Tenure
We are advised that the property is held Freehold.
Tenancies
Rgm Haverfordwest (rgm Premises, Withybush Road)
The property is let to rgm Haverfordwest Limited, for a term of seven years from 20 April 2026, expiring 19 April 2033. The current rent is £51,600pax, which is subject to upward only review on 1 May 2029 and 2032. The lease is held on full repairing and insuring terms. No break options.
Wickedly Welsh Chocolate Premises (Unit 13, Withybush Road)
The property is let to Wickedly Welsh Chocolate Co Limited, for a term of Seven year unbroken lease from 1 Jan 2022, expiring 31 December 2028. The current rent is £23,760pax, following the first rent review in 2024 with an increase of £1,760pax which is subject to a further upward only review in Jan 2027. The lease is held on full repairing and insuring terms.
The combined total annual rent is £75,360pax.
Proposal
Seeking offers in the region of £950,000 (Nine Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a capital value of £64 per sq. Ft, and the following yield profile:
Net Initial Yield: 7.54%
Assuming standard purchaser’s costs at 5.21%
Anti money laundering regulations
Regulations require checks on all prospective tenants/purchasers. Photo id plus proof of address is required before a transaction can proceed. Aml searches are outsourced to our partner Credas (Certified Digital Identity Verification Service).
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£4,752 per month
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